Hey All,
As promised this is a follow up post where I said that I will be getting into the specifics of how much #HIVE one can except to receive from the reward pool of 70K+ #HIVE. Please note this is a rough calculation just to give an idea and I maybe wrong as well but with all the information I have, I thought to let all my followers know about this rough calaculation that I am doing to get to a number we can except for us to receive the #HIVE in the ratio of Millions of #SIM token being sent to the account. First thing first I have sent the majority of #SIM that I was holding to the
account and here is the snapshot of it - clearly visible 100 Million #SIM has been sent by me to the
account.
How Much HIVE Will You Get from 70K Pool? - SIM Burn Explained...
Let us now get into the specific of how I am calculating the #HIVE we can expect to receive. At first we need to come to a point where we know at the end of the #SIM burn period which at the moment is set to 6/26/26 how much of it will be sent to the account. The basic formula applied here is as follows::
Example1: 1 Million SIM sent by user & Total 1 Billion SIM sent to
1,000,000,000/1,000,000 ×70,000 = 70 HIVE received
Example2: 100 Million SIM sent by user & Total 1.5 Billion SIM sent to
1,500,000,000/100,000,000 × 70,000 = 4,666 HIVE received
Here is the table created to give a better look at #HIVE being received when the total of #SIM sent to has different numbers along with individual numbers for #SIM being sent by a user to null.
I guess now we have some idea and now let us take my example here where I have already sent 100 Million #SIM to account. Worst case scenario lets assume that 1 Billion #SIM is burnt then based on this how much #HIVE will I receive. Here is the math
Example3: 100 Million SIM sent by user & Total 1 Billion SIM sent to
My SIM = 100,000,000
Total SIM sent to = 1,000,000,000
Total HIVE pool = 70,000
100,000,000 / 1,000,000,000 ×70,000 = 7K HIVE to be received
Not bad right? I hope all this information was useful and incase you have a follow up question please free to ask in the comment section below.
dCity Accounts – #SIM Holdings
| # | Account | Total SIM |
|---|---|---|
| 1 | dcitygame | 90,950,478.456 |
| 2 | dcityclaim | 19,293,744 |
| 3 | dcityfund | 17,053,840.022 |
| 4 | dcityexperiments | 3,355,600 |
| 5 | dcityauction | 3,250,725.726 |
| — | TOTAL | 133,904,388.204 |
There is also one factor here where I am guessing atleast the #SIM owned by Dcity will not factor in and here what the dcity account holds. So I guess this 133+ #SIM will not be accuntable this is my wild guess. If you have been playing the game Dcity or you have #SIM then let me know what you have decided to do Swaping for #HIVE now or plan to wait. Well this should be it for todays post on - "dCity Game comes to END - But I am Buying #SIM - WHY?." Bye Bye.. Dcity.. We all will Misss You.... Cheers
Best Regards
Paras
Image Courtesy:: peakd, post from ecoinstant, ChatGpt, Peakd, alextrapp.github.io, tribaldex
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.