So this is a maximum of 140k effective total miners competing for a maximum of 210k tokens per year, a floor of 1.5 PAL income per year assuming distribution normalizes to a uniform curve over time.
So you're selling miners for how much? Only 10 PAL each to be competitive with staking SP and leasing through dlease.io? Only 8 PAL each to be competitive with delegations to or
?
Oh, but the maximum number of miners issues hasn't been reached yet, so rewards are artificially high now, but will drop over time as the maximum is approached.
Tell me again how this is a long term investment?
Edit, just realized I calculated floor return using Max instead of min, and actual for is <1 PAL per year several years in before going up again. Point still stands... Your staking apr is benchmarked against other dpos staking systems, not against steem returns, which are high because of steem existential risks.
Your pricing implicitly assumes that PAL has less than 1/3 the long term price risk that STEEM had. So you really believe that?
RE: Palnet Quick Tip: Hi-Ho The Cherry-O A Mining We will go.