RE: Steem-Roller.com Development Updates and Community Poll!
A very cool and valuable addition to the Steem development lineup. This will give people a fun way to use their SBD, and make money by investing in the bankroll. A few questions:
If a user deposits SBD into the bankroll, howwill they receive the interest paid by the steem blockchain if it is held in the SteemRoll account?
What incentives will be in place to encourage investors to use their funds for leveraged betting, will it be a fee paid by the roller to the leveraging user? How much would this be?
A good idea would be to make a daily post showing the highest amount won from a roll, to earn money for the SteemRoll account, and advertise it.
Great UI, considering the early stages of development. Consider me first in line to back the bankroll when you go live.
Well, the answer to that is somewhat complicated code I'm working on. Basically compare network state compared to bankroll size and then user % of bankroll. It's pretty darn Database / CPU intensive but working to get the system 110% before I go public with it.
No fee per a roll. The 1% house edge insures profits over time. Probably a weekly fee on investment earnings. If you don't make any money I don't think it's fair the site make any (investment side). Somewhere around 5%-10% of the earnings seems to be industry standard so will likely settle in there.
Thanks sir, Hoping to have it up and running as fast as I can while making it 100% bulletproof and secure.