Post
Topic
Re: [ANN]★CryptoBridge★BCO★🔹Decentralized EXchange 📈RELEASED NOW BETA🔹
by
chris659
on 27/12/2017, 15:04:35 UTC
My Staking payout simuation:

BCO staked   1000
Total BCO staked (M)   10
Daily volume ($M)   250
(Bittrex volume)
Fees   0.20%
   
Stake period   
1m   0.00%
3m   20.00%
6m   50.00%
1y   100.00%
   
Daily Payout   100
Monthly Payout   3,042
Annual Payout   36,500


These figures are not quite right:

1. The total amount of BCO staked is currently 16.27M (including the bonus). Over time this should be expected to rise to around 30M-40M total effective staked BCO.
2. The fees are indeed 0.2%, but not all of that goes to stakers. Currently stakers get 0.15%, although in future this may drop back to 0.1% (where it was intended to be, whether that comes to pass or not we do not know).
3. The current average daily volume (last 14 days) is still not quite at $1M. Obviously there is tremendous potential for growth, but that, and thus $250M, is still quite a way off.

-------------------------

Using the current correct figures gives:

BCO staked   1000
Total BCO staked (M)   16.27
Daily volume ($M)   1
Fees   0.15%
   
Stake period   
1m   0.00%
3m   20.00%
6m   50.00%
1y   100.00%
   
Daily Payout   $0.30
Monthly Payout   $9
Annual Payout   $110

-------------------------

Using projected figures gives:

BCO staked   1000
Total BCO staked (M)   30
Daily volume ($M)   250 (ie Bittrex)
Fees   0.15%
   
Stake period   
1m   0.00%
3m   20.00%
6m   50.00%
1y   100.00%
   
Daily Payout   $25
Monthly Payout   $760
Annual Payout   $9125

-------------------------

And of course this doesn't consider the staking fee (currently 44BCO), although that is a one-time fee. You could buy 1044 BCO, stake for 12 months and pay the 44 BCO fee, and simply leave the balance (1k BCO) staking for "the rest of time". You wouldn't have to pay the fee again, you would keep the 100% staking bonus, and keep on collecting the staking rewards, year after year after year after year after year after year after year after year...for however many years this thing goes for.



Thanks for the correction.
I know the fees received by stakers were not 0.2% for stakers since it's supposed to be 50% redistributed.
30M BCO staking (with bonus)? hum so you think that around 80% of BCO will be at stake? I'm not sure about that.
260M is a future target, it's possible to reach that level in 2-3 years knowing trading crypto is quite "difficult" right now, a lot of people does not know how/where to trade cryptos. The potential is here.


So If i stake future BridgeCoins (after I paid the initial 44 BCO), I won't have to pay the fee again, correct? Because putting up 44 BCO everytime is kind of...savage

Yep you have to pay the fee every-time you stake your balance! It sucks I know thats why I don't even bother to anymore.


you can leave ur balance staked forever, with the bonus u selected, so if you stake 1 y with 100% bonus u can leave it 10 yrs without ever paying the fee again..

Gotcha...

Where does the bi-weekly bonus show up? In my account or within the staking position? I'm relatively new to this and tried searching around for this lol. I know it's pretty new of CryptoBridge