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Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread - Free Airdrop
by
Darthswan
on 12/08/2018, 19:42:29 UTC
Thanks for sharing this website, so far I know now you can always take the pool that is on top of the list even if there is a bigger fee. The profit row included the fee of the pool already something that wasn't clear for me directly

Just to explain it for everyone....
The site is sorted by the most profitable pool being at the top.
(The most 'Profit' field has the highest at the top of the list.)

First number you need to know is how many SEM a pool makes daily.  That is 86.4 (average)
2880 blocks per day =  24 hours * 60 minutes * 2 blocks per minute
8640 SEM per day  = 2880 blocks * 3 SEM per block
86.4 SEM per validator (pool) = 8640 SEM per day / 100 Validators

To walk through a calculation, let's pick the current highest paying pool

Rank   Name   Address                                                                     Votes   Fee   Stake   Profit
85   public   0x3d09f227061b427c78bef9a216fb3a709587cb3b   55 024   11%   1.78%   1.369

Currently ranked 85. The pool name is 'public'. The address of the pool. Current number of votes it currently has, etc etc.
Profit shows 1.369
(The site bases everything on 1000 votes.   So, if you have 500, then you will get half the expected.  If you have more, then you get more.)

Your votes / (total votes + your votes) =  1000 / (55024 + 1000) = 0.0178494930743967
So, your percentage of the pool = 1.78494930743967%

Your % * sem daily per pool - pool fee = profit
0.0178494930743967 * 86.4 = 1.542196201627875

profit - pool fee = net profit

1.542196201627875 - 11% = net profit
1.542196201627875 - 0.1696415821790663 = 1.372554619448809

Yeah, there is a couple of ways to calculate it.  The site shows a slightly different number, but that is because of rounding.


Hmmm on the site can not be mistakes in the calculations?
because im voiting for a "public" pool and today im got  approximately 1.2 sem for 1000 votes, although yesterday he was in third place and showed approximately 1.33 sem for 1000 votes. It turns out I did not get about 10% from what was supposed to get.

Payment was for a full day