BitShares Forum

Main => General Discussion => Topic started by: clayop on January 01, 2015, 04:57:53 am

Title: Questions about bitUSD fee and yield
Post by: clayop on January 01, 2015, 04:57:53 am

I read bytemaster's blog and but still want to clarify some.
Here is my a couple of questions.

1. What type of fees are paid in bitUSD?
   Short interest, margin call fee, and others?

2. Once fee is collected, For how long is it released gradually?
   For two weeks? a month?

3. Although it has variant interest rate, on average so far, how much is the interest rate?
   I wish it is greater than 5% :D


Thanks in advance.

Title: Re: Questions about bitUSD fee and yield
Post by: clayop on January 01, 2015, 07:15:09 pm

Waiting for reply from devs  :)

Title: Re: Questions about bitUSD fee and yield
Post by: biophil on January 03, 2015, 08:17:34 pm

I can answer 3 easily: go into your client and type

get_asset USD (or whatever asset you're interested in)

It will spit out a bunch of info; you're looking for collected_fees and current_share_supply. If you divide collected_fees by current_share_supply, that gives you the current estimated APR. Last I checked it was around 0.8% for USD.