Im creating a spread sheet to calculate how much money I could make theoretically staking with biz_classic.
The formula I used is this:
(422 x 90% payout x (your stake/current total pool size))- .1 TX fee
(422 x .9 x [wallet amount]/1353389)- .1 = DAILY x 365 = yearly
((422 x .9 x [wallet amount]/1353389)x 7)- .1 = WEEKLY x 52 = yearly
((422 x .9 x [wallet amount]/1353389)x 30)- .1 = MONTHLY x 12 = yearly
What I discovered, according to my spreadsheet, it turns out that the more ARK you have the LESS you receive YEARLY if you receive MONTHLY payouts rather than WEEKLY payouts. How the fuck is this true? Where did I fuck up. With current transfer fees, you should receive more with MONTHLY payouts (per month) rather than WEEKLY payouts (per month). What the hell?
Someone help me out here, its fucking driving me insane.
pic related.
With monthly payouts, your wallet only increases in size after a month. You forge a little less each day since other wallets are growing daily or weekly, so the pool becomes larger with you owning the same amount. This is the same as you having a smaller percentage of the ark pool.
Or something like that. I didn't do any math.
>>2899425
ah fuck!
I forgot about growing pool size
will now need to add this then
(CURRENT POOL SIZE-current wallet stake)+ theoretical wallet amount.
Fucking thanks!
>>2899445
well made this adjustment, and forgot about wallets growing in size due others staking...fuck me!
what a crazy formula HA!
If anyone has a working formula that would accommodate a growing wallet while staking (assuming you never sell anything for a year), help would be appreciated.
>>2899510
It's hard to be exact for many reasons, but you can expect about a 10% return annually. I would expect weekly payouts to be the best as well, but again I haven't done the math myself.