Abiky, we will ship out to you this weekend
PoSP Data:Friday, February 19 Annual Growth in Money Supply = 2%
PoSP Variable
* Interest Rate = 8.81%
*PoSP interest earnings are dependent on the amount of CBX in existence that are being staked at a particular time and therefore always outpace the 2% annual growth in money supply.
I am still figuring some of this out, but the
0.04 CBX that turned up in my wallet was the most satisfying amount I've ever accrued!
EDIT: the chart of CBX distribution --
are there lessons to learn here? Can it teach us anything about our 'outreach'??
Perhaps Lithuania is an example. (Hello, Lithuania!!) A country of less than 3 million people ranks in the top dozen? Can we figure out why?
Have we any idea why India and Australia haven't discovered CBX?
Mark, Australia (CBX-wallet population: 1)
The Geo outreach program is running well, it will mostly pay in the medium/long term; and I think you will see nodes appear pretty much everywhere in targetted areas, as more and more people discover CBX and learn about it.
We could have the best possible coin algorithm (and we do), if people do not hear about it, it will be forgotten. This is where I come into play with this (and other) strategies.
There is a luck factor that will even itself out in the long term; I am not sure this approach is more efficient with some cultures more than others
in the long run. As time passes, more and more people read and learn about CBX and some decide to download the Vault and try staking.
It is also important for people "trying out CBX" to understand what the current staking yield of 9% means; to a Vault with 10 CBX in it, it won't be very exciting as the gains will be few and far between - but at the end of the year you will get your yield, sometimes more (certain hours of the day see less Vaults staking, so higher yields than calculated are seen). Down the line, as CBX's price rises significantly, even gains from 10 CBX Vaults will be sought after and significant.
Then, once awareness is achieved, you have the coinmarketcap chart: we all know this chart is extremely important. As CBX climbs that chart, even more people become aware of CBX and start investigating the coin; people sitting on the fence become adopters as CBX climbs the chart positions. Because of our multilingual forum effort, these new adopters find information in their own language, this is important because we assume everybody on the internet speaks the English language, but this is not the case! Coinmarketcap chart is also why the current wall we currently see at Cryptopia is
extremely hurtful to CBX's momentum; we must all do our part so that wall disappears. Only then, we will see some
real momentum as there actually are very few CBX circulating outside this wall at current low prices; things can go pretty fast.
