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RE: #steemsaturday | SPInvest | Getting excited | @exyle makes me happy ...

in #steemleo • 5 years ago

If I understand correctly, you're getting the 16% APR on SP from here:

... but this is 16.7% of total rewards distribution, or 16.7% of inflation rate more accurately. And the inflation rate is only 8.3843%, making the APR on holding SP approximately 1.40%

Which if you stack with this morning's 18.03% print on SP delegated to @steembasicincome, is about on par with a 20% return. Still... if they're making guarantees on something launched right before HF21 is released, then some skepticism is warranted.

5 years ago in #steemleo by
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     5 years ago  

    So a anything that beats 9% is acquiring more steem than inflation?!?

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     5 years ago (edited) 

    That is correct. Active APR is significantly higher because you're effectively voting your own stake along with a proportionate share of the idle stake.

    (curation % + author %) / (% of SP base actively voted) * (inflation rate) = avg active APR

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     5 years ago  

    Thank you for your help @josephsavage. Good point about HF21.

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     5 years ago  

    Oh! My bad, then!

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