RE: SPEW pool - first payouts sent - full update.
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Hello Jk, thanks for this initiative, I have a question though.
When calculating the present starting value of asset invested in USD. For example 500leo
500*0.242=$121
But we have $96 up in the charts, sorry don't mind my pleb question, just a little clarification on that, thanks.
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After 2 weeks in the pool, the amount of tokens we own now is different than the starting amount. Liquidity Pools are a very different beast to "staking" as we know it on HIVE. for example, originally, SPEW had a total of 24648 LEO and 11.11 ETH. We now have 20,329 LEO and 13.48 ETH. And the only transaction made since day 1 was today when I added another 591 LEO in from oakshieldholding.
To work it out, everything is converted to USD. Your initial contribution was $70 - 0.99% of the total. Perhaps the columns on the chart should be named differently.
The best way to think about it is all in USD - you put in $70. after 2 weeks it is now worth $96. Plus you got a $3.43 payout
Does that make more sense now?
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Okay thanks for the clarification, it makes more sense now
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