Quote from: crypto_ced on December 19, 2017, 12:13:16 AM

Quote from: Lucasgabd on December 18, 2017, 11:58:01 PM

Quote from: madarkieus on December 18, 2017, 06:45:31 PM

Quote from: Mimlove82 on December 18, 2017, 03:18:07 PM

Am I reading this right that it costs 21 BCO just to open a staking position?? That's $30! Are the rewards worth that kind of fee if you have less than 10k coins?

Yeah it is quite a hurdle. I did the math after the first day. 1 million $ traffic daily and like 5 million bco are staked. My share would have been 1000 bco (staking for a year with 100% bonus). In my calculation I needed 1 quarter of a year to get just the fee back.

So if you stake with 10k you should be fine. Furthermore you just have to hope that the volume gains track massively, then everything is possible.

this is the thing, maybe it's not worth today but it can change quite a lot if the DEX keeps growing.

I did the math and 1000 BCO staking for a year (100% bonus) would get you 6.5$/month (1M daily vol + 9M Total BCO staked). Bittrex volume is 260M$/d, so IF Crypto Bridge reach that level, the same 1000 BCO will get you 1690$/month.

nice!
so let's say we get 1/10th of Bittrex volume and this would be 169$ a month which would already bring way morethan the staking fee.
also remember that it comes in several altcoins that can grow quite a lot!
imagine if 2 of them goes x10.
not bad also...