To: TobagoJack who wrote (180899 ) 11/28/2021 9:06:00 AM From: TobagoJack 1 RecommendationRecommended By marcher
Read Replies (1) | Respond to of 217573 Re <<Didn't you just buy a crypto that pays dividends? "How hard can it be to fake dividends? " Obviously not hard! Could you please explain how that is supposed to work? Issue more digital crypto? >>Message 33590561 PM, do yourself a favor, give Message 33593850 a read. I deliberately posted this message to myself so that it is on-chain, block-chain like, for easy reference as we progress on nation-building Message 33593875 but shouted out to you on a side chain :0) The ‘interest’ / ‘dividend’ / ‘inflation’ / yield ranges between 8 - 24%, depending on the number of coins delegated to validators to stake nodes that verifies network activity If all coins are staked, the yield drops to 8% ‘inflation” paid to stakers / HODLrs. The validators take a fee (1-10% of the yield) per staking-agreement. The decentralized development group pays part of its yield (it holds a chunk of the coins since TGE (The Genesis Event) to developers who had submitted and obtained grants to work on whatever projects. The validators use their fees on yields to underwrite the node computers etc etc that works to verify network transactions and maintain network security. All happens as part and parcel of the protocol, and automatic. No one is in charge. Soon (this side of 2021) a third-party shall launch a decentralized investment bank (CasperPad) that shall serve as a market / launch pad / crowd-funding platform for future projects its stakeholders deem worthy. The token,coincidentally, is termed CSPD, and the way to get some at the get-go is to buy / stake 3,000 - 150,000 CSPRs, be allocated CSPDs, pay for CSPDs, buy more, ride another wave up, so as to benefit from the rise of CSPR, CSPD, and whatever projects CasperPad underwrites as an investment bank. Allocation to ICOs of future projects depends in part on staked CSPDs. It is all wonderful. I bought my CSPRs initially by private sales, starting in Q1 2020 ($0.01), topped up Q1 2021 ($0.015), and added subsequently at 0.06 - 0.125, and a couple of weeks ago at $ 0.1345. My average cost is ~ $ 0.03 Now the CSPR price is at Now the CSPR market cap is at coingecko.com The yield has been ~10% APY, and there is no reason it would drop unless validators w/ staked-coins for voting says to change the monetary policy. An algorithm determines the monthly yield (APY 8 - 24%) depending on folks staking vs trading the CSPRs. Over time, the Casper Nation ecosystem would be built out, and GDP would result, and the Nation’s coins be worth more, and as long as the Nation is growing because of its monetary policy, governance rules, use-case by corporates, institutions, and governments, etc etc, the yield would continue. When things change, the people, for the people by the people, through the validators, would vote to change (burn coins, drop yield range, etc etc).