How to calculate the Magic token rewards [Dtube Inspiration]
In this video i talk about how you can calculate your magic token rewards. It depends on the volume and your amount of magic tokens holding!
Heres my referral link: https://magic-dice.com/?ref=ivansnz
You can check the volume of magic dice on State of the dapps.
this is the formula (i made a mistake in the video):
[your amount of magic tokens] x 100 / 7'000'000'000' = [x]
[x] = your share of the total revenue
revenue
[magic dice volume(i.e. per month)] x [0.02 (House edge 2%)] = [Magic dice revenue]
Your share
[x] x [Magic dice revenue] / 100
voila thats it.
=> the end amount i calculated in the video is /100; because it is 0.00357% of the total tokens.
so the end result with 250k magic tokens for this month would be: 10.33 STEEM. still a decent amount!
thanks to @zemiatin for the correction
[this is a dtube exclusive video and one of my Dtube inspiration series where i talk about everything that inspires me and perhaps inspires you. This is produced in collaboration with Linkseven 77 and its Znap project]
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Hey. If you have 250000 MT out 7000000000, you have 0.0035% of the total supply. So you are going to earn 0.0035% out of the total profit and not 0.35%.
Cheers.
You are right, thank you for the correction! i'll change that in the description
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