Now we can finally see BitAsset yield!

Started by Rune, January 10, 2015, 12:02:34 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

rgcrypto

 +5% +5% +5%

Someone Write a Press Release About This!
(I am terrible at it)

Bitmarket?

clayop

A large amount of bitUSD was shorted with high (around 6%) interest few days ago. So we will have higher yield with bitUSDwithin 30 days.
Bitshares Korea - [url="http://www.bitshares.kr"]http://www.bitshares.kr[/url]
Vote for me and see Korean Bitshares community grows
delegate-clayop

ripplexiaoshan

Nice, I hope one day the yield will surpass the bank interests! +5% +5%
BTS committee member:jademont

toast

Quote from: hrossik on January 10, 2015, 09:38:34 PM
Could anybody please explain, how can CNY have 1.5% yield with such a low volume? Yield is proportional to the fees, right? So does it mean that there is a lot of small transactions happening with CNY, compared to USD, which has higher volume, but lower yield?

Most of the yield is coming out of short interest. Transaction fees are negligible.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

hrossik

Could anybody please explain, how can CNY have 1.5% yield with such a low volume? Yield is proportional to the fees, right? So does it mean that there is a lot of small transactions happening with CNY, compared to USD, which has higher volume, but lower yield?
BTS: hr0550

Ander

[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

xeroc

Quote from: svk on January 10, 2015, 07:48:16 PM
Quote from: liondani on January 10, 2015, 07:33:20 PM
+5

is it the average from the beginning, last x  days/months?
x=?

Sent from my ALCATEL ONE TOUCH 997D
It's simply the collected fees divided by current supply. I'm actually not sure if that takes into account the interest paid by shorts, does that interest simply get pooled into the collected fees?
Afaik yes ...
if you transfer usd you can take out a percentage from that reserve fund

svk

Quote from: liondani on January 10, 2015, 07:33:20 PM
+5

is it the average from the beginning, last x  days/months?
x=?

Sent from my ALCATEL ONE TOUCH 997D
It's simply the collected fees divided by current supply. I'm actually not sure if that takes into account the interest paid by shorts, does that interest simply get pooled into the collected fees?
Worker: dev.bitsharesblocks

liondani

+5

is it the average from the beginning, last x  days/months?
x=?

Sent from my ALCATEL ONE TOUCH 997D
[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

islandking

 +5% Awesome. Thanks for adding the asset yields to Bitsharesblocks.
I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

bitmarket

Awesome.   Will be using that in a video
Host of [url="//bitshares.tv"]BitShares.TV[/url] and Author of BitShares 101

xeroc

Quote from: svk on January 10, 2015, 02:39:45 PM
Quote from: xeroc on January 10, 2015, 01:33:47 PM
Why does the yield show as >200% for USD here?

Was hiding the wrong column for phones, fixed it now, do a refresh.
Thx .. all fine here now .. +5%


svk

Quote from: xeroc on January 10, 2015, 01:33:47 PM
Why does the yield show as >200% for USD here?

Was hiding the wrong column for phones, fixed it now, do a refresh.
Worker: dev.bitsharesblocks