With an interest rate of 12%
What do you mean by this ? I guess I missed something .
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This would be the interest rate that we get on the hive power in the liotes fund. The rate matters not so much for this example. I hope we will get more than 12% :-)
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Oh yeah got it , that's what I thought initially too. I hope it's more than 12% though ;p Good for holders like me .
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I like to repeat always... This is just a layer zero... :) Don't forget that... And all calculations that are made are connected with our buy-back price, but, in reality, there will be other "subjects" that could buy LEN tokens for a higher price... Especially those who believe in the projects and hard-core hodlers :)
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This is just a layer zero.
Yup I got it lol .
BTW since we are talking about future ;) do you have any plans for enabling delegation for LENM ? or will that mess up the project ?
I think that we have answered on this one... It depends on how the project will develop... We have been asked about the LENM pool in the future, so if there will be a need for that, the delegation will be a must...
Atm, we think that it's not that important to have delegations... It's easy to enable them later, and they will be unnecessary expense, that we would rather invest in the growth of accounts instead
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Well since there is a popular perception that large amount of miners is necessary to get good returns , I asked that question ( In reality its not true) .
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Totally agree with that! If the price of a base token goes up, the miner's price can go up... The perfect example for that is LEOM and LEO tokens... When the growth stops, the miner's sales stop... but, they don't mine MORE tokens, but mine more "valuable tokens", if I can say it like that... It's all about the ROI :) :)
Actually, that happened with WORKERBEE and BEE tokens lately, but nobody noticed that... I (@ph1102) have written about that in my personal blog... The ROI is well over 20% because the price of miners (WORKERBEE) went down, and the price of BEE stayed the same...
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You are right 100% . I have been crazy over these token miners , have researched about them and have written scripts to see who has won in the latest round and all .
Do you know what's the biggest disadvantage of miners on Hive?