Ok, I saw it referred to as "payout" here so that's why I'm a bit confused. I was curious what the return or reward or whatever you want to call it would come out to per 1 NXT coin. I'm simply trying to figure out ROI for NXT if the price of NXT doesn't appreciate at all. Kind of like a dividend for a stock - it's good to know the % return one would get before buying the stock.
Thanks!
If you mean forging, forging is not profitable, at least at this stage of few transactions happening in NXT network, forging is about keeping the network and your investment secure. On average,
at the current volume of transactions and with the current static fee you can expect to increase your stake by 0.5% over a year if you forge 24/7. But like I said nobody knows what volume of txs and what fees will be in the future. The supply of NXTs in the system is constant, it doesn't increase, forgers only collects fees that users include with transactions. The larger your stake, the more chance you have to forge a block.
If you have a small stake (less than 50-100k NXTs) and don't want to bother with solo forging, you can lease your
effective balance to a pool. Your coins are still in your wallet, pool doesn't have access to them, only your forging power is leased. Effective balance - is a NXT term for forging balance. Effective balance is coins that have stayed in your wallet for at least 1440 blocks (~40-45 hours).
