Post
Topic
Board Marketplace (Altcoins)
Re: Ahead to Nu worlds! (liquidity provision for fun and profit, 9% monthly return)
by
BitcoinArbiter
on 31/05/2015, 00:06:24 UTC
Quote
The daily return rate currently set on the pool is 0.3%. Thus, your return for providiong 1 BTC of liquidity for 24 hours would be 0.03 BTC = 7.05 NBT

locohammerhead earned 0.1 NBT for an hours liquidity provision so in a day he would earn 0.24 NBT.
0.24 NBT is 0.3% of 8 NBT or 0.0340 BTC


from the numbers you provided wouldn't the return of investment be 3% per 24hrs not .3%? 1.00 investment, 24hr 0.03 return = 3%. If the three percent is the case then you could conceivably get a 100% return on investment within around 34 days.

Is this correct or am I missing something?