RE: How does the CTPSB Market Maker work?
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Starting from the 25.9.2020, your delegation will generate 0.274 tokens per day. In order to profit from your own delegation and all the other delegations, I would suggest to transfer some Hive to @ctpsb before the end of the month. With the amount of delegations on the account, the leverage is quite interesting and the tokens will gain quickly in value.
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Transfer? Or delegation? What's the difference?
For every hive that you transfer to @ctpsb, you will get 1 CTPSB token at the beginning of october.
When you delegate to the project, the curation rewards that your delegation generates will be credited to your tab until the end of September. In your case for 1K delegation, this will be 0.274 tokens per day.
At the beginning of october, the tokens are distributed and after that, everything that the account earns, is powered up and it increases the value of the tokens. Delegations will work as a leverage after that.
Let's take a little exemple:
In this example the account generates 10% curation rewards and 5000 tokens are distributed. However, thanks to the delegations the account has around 20'000 Hive Power. So after a year, it will have generated 2000 curation rewards. There will now be around 7000 Hive on the account for 5000 tokens. This means that the account (and the token) will have grown around 40%!
The more tokens you own, the more you can profit from this leverage.
Got ya. Thanks.
Can I transfer HBD?
HBD are fine, I'll exchange them on the market to power them up.
I did it myself, 79 Hive sent
Thanks a lot man! That's amazing! I've credited it to your tab.
Wish I could do more. If I could figure out how to cancel my dleases....
Man don't worry about that, you are doing amazing already!
Thanks