RE: SteemPower Investments - Sh*t post Saturday

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shanibeer (68)in #spinvest • 5 years ago

hahahaha. I really enjoyed that but don't think that you have to do it often :)
Love the picture of all the little babies.

Could you have a wee look at the conversation between spinvest-leo John (can't remember all his numbers) and me on this post.

5 years ago in #spinvest by shanibeer (68)

$0.00

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spinvest (66) 5 years ago

Had a look after it just now.

To start out, @spinvest will issue the rewarded tokens. Inflation of 2.2% on @spinvest's STEEM POWER balance will be enough to cover this. Issuing out 20 tokens into a 49,000 pool has almost no effect in terms of real value. Issuing out 200 tokens would be a different story. When the @spinvest-leo account has built a decent balance of it's own, we can start to convert some LEO tokens to pay for the rewards.
Inflation adds around 100 STEEM POWER per month to the @spinvest balance. Right now delegation to spinvest-leo is around 10,000 LEO's. For example, 10 people delegate 500 LEO and 5 people delegate 1000 LEO. 10 people would get 1 SPI token and 5 people would get 2 SPI token. That's 20 SPI tokens to be given out in rewards. If spinvest-leo received 50,000 LEO delegations, 5 times more than now.
No cap, i dont think it's required.

$0.00

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