Are any of these POSW memberships worth it by having a higher stake rate?
It seems like the silver memberships may be worth it, but I can't math today because too tired.
Can any autists from here figure it out?
>>1992689
how many coins do you have
I think silver is worth it if you have over 50,000
>>1992692
2800
(poorfag)
holy shit they have memberships. you now get the privilege of paying them in their owned currency. genius.
>>1992689
Get a spreadsheet lazybones, the answer is yes, but I won't spoonfeed you
>>1992702
Definitely don't get a membership then.
To figure it out, do this:
>multiply each membership cost by 12 (to find the yearly cost)
>divide the number of posw you have by the stake rate percentage each membership option offers
>if you'd be earning more in stakes than the membership fee, then go with the one that would give you the most.
So for example, you have 2800.
The lowest membership (bronze) is 46 and gives you a 1.5% staking rate.
46*12 = 552
2800*.015 = 42
552-42 = 510
You would be losing 510 posw a year. Only people with 30,000+ should consider it
>>1992704
t. retarded nocoiner that doesn't even understand how it works
I bet you call it a scam too
OP here
After doing the calculations, it seems like no matter how many shares you have, and a price of 40K Sats for POSW is break even for the silver membership.
A POSW price of 20K sats would be a 50% loss on your money for the silver membership.
Fuck it, instead of using the money to buy a membership, I'll just buy more POSW.
.
>>1992727
Btw, I should have said
42-552 = -510
>>1992745
I calculated a different way, but I think we came to the same conclusion.
Although I think that it doesn't matter how many shares you have, the POSW price would have to be above 40K sats.
Does that sound right?
>>1992754
Well, the idea is that if you have a certain number of POSW, you earn more POSW than you pay for membership (from the higher stake rate).
For example, I have 60,000 POSW. The staking rate for a silver membership is 3% and costs 91posw a month. At the regular rate of 1%, I would earn 600 posw in staking over one year.
60,000*.03 = 1800
91*12 = 1092
1800-1092 = 708
Now I'm making an additional 108 posw over the year for nothing.