Well, it's small beginnings, but the Smartcash Smart Rewards Pool has earned interest for the first time.
On July 25 at 4.05pm, 19 SMART was paid to the Smartcash Smart Rewards Pool address.
You can view the transaction here:
https://insight.smartcash.cc/address/SgVbxFqK1tFVfcS1LXLg35LQhbaZXwg8E6
The transaction is a little hard to find as it is hidden in a long list of similar payments that were made at the same time,
but for anyone who needs proof, it's there to be found.
Here is a summary of who earned what, from that 19 SMART:
Full Members:
: 13.81 SMART Balance: 743.81 SMART
: 5.19 SMART Balance: 279.19 SMART (excluding deposits made since June 25)
Free Members:
0.012 SBD
0.012 SBD
0.012 SBD
0.012 SBD
0.012 SBD
0.012 SBD
0.012 SBD
Please note that the Free Members have received a full payout in SBD including principal and interest, whereas the Full Members remain invested in the Pool for the next month.
So any SBD gains are paid out of my own principal invested in the Pool.
I just pay the Free Members from my own Steem balance.
This saves on any transfer fees involved in transferring small amounts out of Smartcash into SBD.
I retain any principal and interest in the Smartcash account as the payout has already been made to the Free Members. The process will repeat again for the next snapshot.