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RE: Magic Dice - Mathematical Analysis on Dividends and Sustainability
Hi! They halve distribution every 5%, but the next halving is at 23%. 3% was distributed at the start to early players, so then 5% at 200, so the first halving was at 8%, not 5%. Therefore the next halving will be at 23%.
Also, right now Magic Dice is giving around 29.2% APR, which is around double any bid bot is giving. So even when it halves when it hits 23%, it should be around the same level of profit, given every 1250MCs are worth 1 STEEM.