/biz/ - Business & Finance

>>22858991
These are the interest rates when looked at over the course of years, on longer stakes, when interest gets compounded over time. This shows how much you get from a 10k HEX stake if you stake it for 1, 2, 3 or up to 10 years.

>>20807275
Most of the profit is in longer stakes so what happens on year 1 is not that important desu.
Getting 80X on your stack size is pretty much impossible by trading for 10 years.
But if you stake it, you're sitting comfy watching your interest go exponential every year.

>>20806617
More for every extra year (pic related)

It's a complete, locked audited smart contract. No AML or KYC, no counter party risk. Just you and the code.
You generate interest by staking your coins. The coins get burned and turned into shares when you stake and created when you en a stake.
End stake prematurely and get penalized in proportion to the interest you would have earned. 50% of that penalty goes to other stakers. Stake longer and get more shares.
Your interest depends on the % of total shares. Get 20% more shares for every extra year you decide to stake and up to 3X the shares for staking 15 years.
Share price always goes up and is determined by the highest ROI of any participant in the network when he ends his stake. This means that the total amount of shares over time are mathematically going to shrink.
If you've staked HEX early while the share price is still low for longer times, you still generate the interest from your cheap shares on year 10 for instance, thus compounding your returns, while others have to buy and stake X times more HEX to get the same amount of shares that you have.
Simply put the amount of interest you receive on your stake in year one is tiny compared to the interest on year 5 which is tiny compared to year 10 and the same goes for year 15. Daily interest generated gets larger as you get closer to the end of your stake. (Pic related)

The FUD on this is just a bunch of bullshit concern trolling. The only reason why this is still not in the top 10 is due to a false narrative that has been spread by competitors.

>>20475469
This is what a 10k HEX stake looks like depnding on how many years you stake, not counting any price changes that occur meanwhile.