I will award 25 HOLD for the first person that will find a mistake in my logic or math.
I see, my calculations don't consider the time needed for the coins to mature.
I tweaked the numbers using 90% of APR and I should be getting over 1.3 billion coins. You are right. Without increasing a total supply it doesn't make sense!
Days 0.9 * APR Daily APR Coins
0 2250.00% 6.16% 13726.05835
10 4500.00% 12.33% 42,504.07
76 675.00% 1.85% 172,322.46
69 900.00% 2.47% 935,354.94
56 1800.00% 4.93% 13,564,877.01
28 3240.00% 8.88% 144,008,469.86
14 6480.00% 17.75% 1,393,579,470.93
With 75% of estimated APR I would be getting: 216,840,608.98 or 10% of total supply, still too much!
With 60% of estimated APR I would be getting: 32,967,526.34 which finally looks like a real number to me...
Anyone?
I will award 25 HOLD for the first person that will find a mistake in my logic or math.
Math Question about total supply:
Let's assume that I have 25000 coins, block time is 120 seconds. I start calculations from APR of 5000%, which is 13% daily.
We have around 10 days of this APR (remaining_blocks * 120 seconds/ 60/60/24)
Beginning Balance After Staking
1 25000 28425
2 28425 32319.225
3 32319.225 36746.95883
4 36746.95883 41781.29218
5 41781.29218 47505.32921
6 47505.32921 54013.55932
7 54013.55932 61413.41694
8 61413.41694 69827.05506
9 69827.05506 79393.36161
10 79393.36161 90270.25215
At the end of the turn we will get 90 000 coins. Great. But if we continue staking and compounding EVERY DAY, at the end of period with 7200% ROI I will get total of 8,664,956,004.65 coins.
How is it possible, it's more then total supply of the coins?
Blocks Left Seconds/block Days APR Daily Interest Total Coins
2500 – 10000: 2500% 7500 x x 0 2500 6.85% 25000
10000 – 25000: 5000% 15000 7000 120 10 5000 13.6986% 87,097.31
25000 – 80000: 750% 55000 55000 120 76 750 2.05% 411,888.19
80000 – 130000: 1000% 50000 50000 120 69 1000 2.74% 2,691,201.62
130000 – 170000: 2000% 40000 40000 120 56 2000 5.48% 52,125,453.96
170000 – 190000: 3600% 20000 20000 120 28 3600 9.86% 710,908,924.02
190000 – 200000: 7200% 10000 10000 120 14 7200 19.73% 8,664,956,004.65
Yeah, I was just redirected here from a thread discussing best PoS coins. Now, I ditched my PoS adventure several months back. Overall, I made some profits, but after calculating the time and electricity wasted on about half of them that died suddenly, I came to a conclusion not to waste anymore of my time.
So why am I here? Need to scratch my PoS itch I guess. But exactly, after doing my own calculations, and including the premining amount that will be locked, I simply don't see how supply can match up with the APR.
@OP, the only flaw I can see here is you're not using effective APR (that is, your staking probably will not count for the full 24/7 even if you manage to leave it open. It's just an estimate). But even if we tweak your percentages to 90%, they still don't make sense.
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