You are viewing a single comment's thread from:

RE: Announcement - BUILDTEAM Token Now Listed on CoinGecko.com!

in #buildteam5 years ago

hmm. Ill need to look into the math a bit deeper. See how much my % stake is being reduced monthly and what the steem payout growth rate will be.

Those few things look promising. Definitely going to look into the lease market. Nice design improvement.

Sort:  

Awesome thanks, I edited the above with extra info incase you saw only the old comment.

Realistically our distributed profits have been around 1400 STEEM per period (2800 STEEM) per month these last few months, It can't be hard to double that, MIRA should shave at least 600 STEEM off our server costs per month and as the STEEM price rises we need to use less STEEM to pay for external server infrastructure which means more STEEM to distribute to stakeholders.

I just worked out that the yield on the BUILDTEAM token is roughly 69% per annum at current prices and revenue levels.

Check if my math is correct, there are 62k staked tokens in total at approx market price of 0.29 USD each which makes the staked value 17 980 USD, then consider we distribute currently around 2800 STEEM per month to vested stakeholders, at a Steem price of 0.37 USD that is $1039 per month x 12 = 12 468 USD per annum.

So 12 468 USD / 17 980 total vested stake x 100 = 69.34 % ROI annual return.

Most traditional dividend stocks only yield 4 to 7 % per annum. Darn, one of the BuildTeam mandates is that founders can’t stake otherwise I’d buy out the entire sell wall, lol.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 59531.52
ETH 2678.46
USDT 1.00
SBD 2.43