It's been a while since the last CCD burn report, so I wanted to report again.
As many people know, 100% of the CCD used for the CryptoCompany Voting Service (Yes! Click on it! It is your personal "money glitch"!) is currently being burned. Regular it is only 20%, but I welcome the current bonus burn phase to reduce the amount of available CCD on the market. That's why I'm not even thinking about switching to the actual 20% at the moment. Anyway... a brief overview of the burn activity:
Burned so far:
With burn #1 the voter burned 52,270.000 CCD.
With burn #2 the voter burned 432,500.000 CCD.
With the actual happening (burn #3) I burned 789,130.000 CCD.
So actually the Voting Service burned 1,273,900.000 CCD.
This is a rounded 3.17% of the current maximum circulating CCD (40,149,400.000 CCD).Link to the actual campfire:
https://he.dtools.dev/tx/e5fce7b00c9f312ac798dbfda9c9fe4a8f00ccdf
Complete CCD burn history:
https://he.dtools.dev/@null?symbol=CCD
Let us think about, do some rough calculations and gain some info about the CryptoCompany Voting Service:
When I think about the ROI of the Voting Service and how much HP & HBD we brought to the Hivians because of this... The voter had 1,823 votes so far. This means a little less than 700 CCD per vote. 700 CCD had an initial price of 0.7 HIVE. Actually you can be lucky when you buy 700 CCD for 0.35 HIVE. 0.35 Hive is how many USD? Right: actually less then 0.07 USC cent!
But according to the rough estimation of the CCCEO website a 700 CCD vote is around 0.8 USD/HTU (but only costs a fraction of this - that is the awesome thing about the voter!), without counted the value of the votes from the following trail. Aaaand: this calculation script was written a loooong time ago. But nowadays there are much more HP within the Voter and the script never adapted to this...
Do you see why you should use the voter???
So let's be careful and say it is 0.9 USD/HTU (I see on daily looking that this is easily more than 1 to 1.1 HTU/USD... however, let's be careful and assume 0.9 HTU/USD. [But in reality it is more 1 to 1.1 HTU/USD with all the trail accounts - depends on the HIVE price]). 1,823 votes x 0.9 USD/HTU is 1,640.7 HTU/USD... Without the votes from the trail...
The voter works since 15.01.2024 - so since 200 days. When we don't exclude the days where the voter paused because of the regenerating mana. Without excluding these days we are at 8.2035 HTU/USD per day. And to complement all: 1.823 votes divided by 200 days is 9.115 votes per day.
I thought I just make it a small notation, but the following deserves the biggest headline:
Paul is thinking: damn! This voter is soo fooo profitable... why I don't make it more "expensive"... Actually you pay 0.07 USD cent and get 0.9 to 1.1 HTU/USD? Am I stupid? No wonder I don't earn money with CryptoCompany... With this kind of services... Did I make a failure here in the calculation? Paul???! (No, I don't think so. It's because of the low price of CCD [buy them all! NOW! Look how awesome you can use them!] and the low price of HIVE...) Another main reason: Do you know that I never raised the price for usage, but have several 10 thousands HP more for the voter since I started him? Use the voter as long I am distracted on other tasks and don't find the time to adapt the prices... The voter is CRAZY! Be nice to your friends and tell them...!
You like to help & support the value of CCD? Here is how:
Varian... You have to: tell your friends!
Variant 1: Use the CryptoCompany Voting Service
You write articles on the blockchain or like to do something nice for another Hivian? Utilize your CCD for the CryptoCompany Voting Service! This will significantly boost the value of your CCD - our voting service acts as a true value enhancer! Head over and see the amazing votes you can get for your CCD. It’s almost like discovering a "money glitch(!)"... And with the liquid rewards you earnd you can to what? You guessed it: buy more CCD and invest in the voter, setting off a winning cycle. Enjoy the benefits!Variant 2: Play Bro Bang
50% of the CCD spent by the player will be burned. The best thing about this variant: you can win much more CCD than you spent!Variant 3: Place your CCD in the CCD:SWAP.HIVE Diesel Pool
Placing your CCD in the diesel pool is not only a measure to stabilize the price of the CCD, but also brings you juicy rewards. The reward fluctuates depending on the price of the CCD - it currently stands at a juicy 16% APR.Variant 4: Burn your CCD
When you send your CCD to the @null account, the CCD are permanently removed from circulation and cannot be used or traded again. This might sound counterintuitive, but it's actually beneficial: a token burn increases the value of the remaining tokens. While this action alone won't solve everything, it plays an important role. Your contribution is therefore very much appreciated!Any questions?
Now it only remains for me to say... Enjoy your money glitch with using the CryptoCompany Voting Service!
Thank you for being here. YOU. ARE. AWESOME!
See you later in the comments &
make the best out of the your day!
It's wild!
!WINE