100,000 POB powered up
Two months ago, I powered up more Proof of Brain to have a powered up balance of 100,000 POB. It isn't the largest stake among the other whales but it's significant. Looking at the last seven days of curation and author rewards I see that over a week I earned 868 POB via my stake and posting.
This is 0.868% of my stake over the week. If I take this as a typical week, and always power up the amount I should have after a year is 100,000Â POBÂ ĂÂ 1.0086852 = 156,740Â POB. This is a return of 56%Â APR. I don't think this is just me, because your voting rewards and curation rewards are proportional to your stake. If there is a post reward in there then you can realize higher percentages if a far lower stake than mine.
Math note: Interest can be convereted to a multiply factor by adding 1 to the real proportion of the percentage. So from the beginning of week 1 to the end, you multiply 1.00868. Compound interest becomes a breeze because you just need to raise it to the power of the number of terms.
There are good reasons for selling POB, including market risk of the price of POB; other opportunities, systemic risk of Hive Engine or Hive itself. However, we have one more year left of the easiest rewards for POB. How are you going to use it? On average every ten minutes, 50Â POB are issued. Sometime in 2024, this will be cut in half.
Right now the price of POB is stable between 0.02 and 0.023Â Hive. I think it is better to be stable rather than go up and down like a rollercoaster. I sell at 0.023 and buy at 0.02. So you only lose 15% if you sell at my price. You can create a buy order at 0.02 and wait like I do, but when you're going to double your stake, should you really spend the time?
You can buy in start using Hive Vote to auto vote those who vote for good content and and still participate. After several years you will double or triple or quadruple your POB; sell into Hive at the end of 2028 in order to buy in to BTC, or HBD.
This is not financial advice, even though it looks like it.
Posted using Proof of Brain