Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 252. (Read 679335 times)

   See this thread for a standalone staking machine.  https://bitcointalksearch.org/topic/the-snowball-game-changing-hardware-828734

Maybe a bit pedantic, but, assuming I did the numbers right, which is not a given:


You can only compound at 8.8 days at the earliest:
750*8.8/365 = 18.08219% per 8.8 day period,
1.1808219 ^ ( 365/8.8 ) = 986.3068
100*(986.3-1) = 98530% a year compounded

That sounds like a lot! Let's sanity check it:

I have 1000 HYP, which I will optimistically assume stake after 8.8 days like clockwork, yielding 18% every time, reinvested:
day 0: 1000 HYP
day 8.8 1180 HYP
day 17.6: 1392 HYP
day 26.4: 1643 HYP
day 35.2: 1938 HYP
day 44: 2287 HYP
day 52.8: 2700 HYP
day 61.6: 3185 HYP
day 70.4: 3759 HYP
day 79.2: 4435 HYP
day 88: 5234 HYP

Three months, and already 420%, I'll skip:

day 132: 11974 HYP
day 176: 27393 HYP
day 264: 143370 HYP
day 361: 885446 HYP

In a year, the best possible staking (which is quite unachieavable since it requires perfect compounding by staking each time at 8.8 days) gets your stash from 1000 HYP to 885k HUP. That's about 88400%. Close enough (4 days missing, half a stake period!).


In a week, the optimal rate according to what I said above is 0.18 * 7 / 8.8 = 14.3%. I'm actually not sure whether this number of yours makes more sense here. Close enough anyway.

We presentlye have 19 candidates for the HyperLoan #2. With the initial plan, it would have taken one year and a half just to accept all candidates. With the revised plan of once a week, it still takes more than 4 months. Not counting new candidates. This is not tenable.

So I decided to finance on my own pocket some more HyperLoans. So, next week, there will be TWO nominees.

Great numbers you are running there. Let me know any specific calcs you want me to add to an RPC call and I will see if I can work it into the code for you. 

seems there would be nice to make a post about the HYP-Loan (crazy shit imo)...so i NEEEED the hyp loan to stake it and rain it on ##hypstake @freenode...so vote wickedsick!!!! 

Woohoo! Presstab FIRST post in the HDJ I'll reply there

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Would you agree to release some stats from time to time? Either from your coins of from the network? I believe there is a lot of potential behind this. The mere fact that you can actively Market Make the coin is an accomplishment for HyperStake!
(I believe the compounded interest is much higher)

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Didn't win what?

i didnt win

Some of this may be incorrect, but here goes:

750% is the nominal rate = 2.05048% per day (not including compounding)
But with daily compounding 1.0205048 ^ 365 = 1675%

So absolutely optimal staking should produce closer to the higher number...
Until the 960,000 coin/day Hard Cap kicks in and the returns start declining gradually.

In the last week Money Supply grew:

 30,952,405
  3,397,835
-----------
 34,350,240 = 9.757%

But optimal compounded =  1.0205048 ^ 7 = 15.267%

So "staking efficiency" is only about 64%...
Many people are moving coins, staking sub-optimal sizes, offline, etc

It seems you are basically saying that 36% is "unstaked" and "lost"...
Which simply elongates the life of the coin by postponing the Hard Cap...
And the absolute max one can make with "perfect staking" = compounded return of 1675%.

After 30 days of careful records I'm doing 1238% based on average HYP position (but I've only staked 10 times).
Now that I have > 100,000 coins in what I feel are optimal blocks...
Another month and the results will probably be statistically significant and very interesting...
From an investor perspective.

Plus I'm actively Market Making the coin with about 15% of coins always on exchange...
Returns from scalping that 15% are not included, but it's higher than the staking percentage...
And will also be interesting after another month. 

Wow... my hat is off to you presstab...
Someone finally created a high stake coin that is liquid and tradable...
I wish I had the time to compile it and run simulations with reporting code.

Added this post to the HyperStake Development Journal:

I love the whale idea. How about HyperWhales?

yes that's a good point. I will do some work and get a pool up as well as a thread and other info.

Now to name it....? Hmmm

Guys please refrain from posting addresses in this thread. I believe its against forum rules.

whalepool
HYPwhalepool
whalestakepool
ezstakepool
whalestake

some sugestions like em tip me on irc, hate em well i tried

hyp tips pPN18zNMBNV6Qz86HFKUJTMAPghvUcjbdH

presstab is right.

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I never really understood assets. But if can explain us and that both presstab and me like the idea, you'll have our blessing. Are assets promises to get some money every period, like mining shares?

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This is good to have several pools with several goals. Let me quote myself on IRC


And yes, your pool shall state the difference with Kushed's HyperPool (and Kushed shall do the same regarding yours). Now the big question: how will you name the pool?

Congratulations! that feature sure is handy. 

Now we know who is #10

Thanks, it has worked like a charm:

http://hyp.cryptocoinexplorer.com/transaction?transaction=b08573baf0641a6ac1a6aa46d5569d9547fb8c70a8ddb427afec16a5ab67662f

Hi cheers for your feedback.

I understand trust is mainly going to be the number one factor and that is something I will have to work out. The main reason for doing this is that a lot of people can't stake 24/7 for reasons such as cost, noise etc. This is the main reasoning behind the idea. Why waste precious staking.

I think the biggest problem you're going to face is one of trust - I've seen you around on IRC, so I know you're an active member there, but a lot of people will look at your account, see that it's only a few days old, and then worry about giving their money to a new account, for something they can do themselves and not risk their HYP.

Maybe look to team up with someone else who's a part of HYP, who's got a stronger name behind them, so there's more trust built in.

I like the idea though, I just wonder who's going to want to give up 5% of their earnings (I assume you mean 5% of the staked reward), for something they can do themselves with a couple of clicks.

I'll be putting a new idea out here myself in a bit, which I think could be a fun alternative. Stay tuned

Hi all I'm looking for opinions please. I am thinking of starting a service up similar to HyperPool. I currently have a pi running 24/7 staking atm . my idea is to offer a 24/7 staking wallet for anyone to send their coins to to stake. This may sound similar to HyperPool but I'm aiming to attract bigger holders that are looking to stake 24/7. HyperPool is ment for small time holders which it should be kept at.

I will charge a 5% fee which will all be staked and go towards a donation address which will be used for giveaways mainly on the HYP sub Reddit.

I will set up another thread and build on this if people like thenidea . in essence I am creating a HyperPool aimed for bigger holders looking to make the most out of their HYP and stake 24/7.

Feel free to comment if you like the idea or have any suggestions.

tecnically, interest rate if fixed 750%

when difficulty increases, max subsidy kicks in, you will only get max 1000 HYP stake and effectively get lower than 750%

for example you have 4000 HYP but because of high difficulty, it took 20 day for it to stake

4000 HYP * 7.5 interest / 365 * 20 days = 1,643 HYP

but instead of getting 1,643 HYP, you will only get 1000 HYP because that is the maximum set for every stake

in that example the interest gained was effectively only 456.25%
4000 HYP * 4.5625 / 365 * 20 = 1000 HYP