BitShares Forum

Main => General Discussion => Topic started by: Rune on January 10, 2015, 12:02:34 pm

Title: Now we can finally see BitAsset yield!
Post by: Rune on January 10, 2015, 12:02:34 pm
http://bitsharesblocks.com/assets/market

Looks like a recent update on bitsharesblocks included showing the average yield.

It's lower than I thought it would be, however it needs to be seen in the context of the BTS/crypto downtrend. 1.5% for CNY is still acceptable though, at least it's better than putting your money in a bank with negative interest rates, and it's definitely a lot better than holding bitcoin and getting 25 BTC dumped on you every 10 minutes.

Will be exciting to see what happens with the yield once BTS starts rallying.
Title: Re: Now we can finally see BitAsset yield!
Post by: xeroc on January 10, 2015, 01:23:19 pm
Nice find .. +5% for svk!
Title: Re: Now we can finally see BitAsset yield!
Post by: svk on January 10, 2015, 01:26:34 pm
Yes I added that a few days ago, together with collateral ratios instead of absolute values. I also split the assets page into two tabs today, one with market assets and the other with user assets, but I'm sure you noticed that :)
Title: Re: Now we can finally see BitAsset yield!
Post by: cass on January 10, 2015, 01:29:17 pm
 +5% Good work
Title: Re: Now we can finally see BitAsset yield!
Post by: xeroc on January 10, 2015, 01:33:47 pm
Why does the yield show as >200% for USD here?
Title: Re: Now we can finally see BitAsset yield!
Post by: Empirical1.1 on January 10, 2015, 01:37:49 pm
Nice find .. +5% for svk!

 +5%
Title: Re: Now we can finally see BitAsset yield!
Post by: bitsharesfan on January 10, 2015, 01:50:23 pm
Awesome!  +5%
Title: Re: Now we can finally see BitAsset yield!
Post by: svk on January 10, 2015, 02:39:45 pm
Why does the yield show as >200% for USD here?

Was hiding the wrong column for phones, fixed it now, do a refresh.
Title: Re: Now we can finally see BitAsset yield!
Post by: Mysto on January 10, 2015, 06:27:34 pm
 +5% svk
Title: Re: Now we can finally see BitAsset yield!
Post by: xeroc on January 10, 2015, 06:54:17 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%
Title: Re: Now we can finally see BitAsset yield!
Post by: bitmarket on January 10, 2015, 06:56:00 pm
Awesome.   Will be using that in a video
Title: Re: Now we can finally see BitAsset yield!
Post by: islandking on January 10, 2015, 07:06:31 pm
 +5% Awesome. Thanks for adding the asset yields to Bitsharesblocks.
Title: Re: Now we can finally see BitAsset yield!
Post by: 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
Title: Re: Now we can finally see BitAsset yield!
Post by: svk on January 10, 2015, 07:48:16 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?
Title: Re: Now we can finally see BitAsset yield!
Post by: xeroc on January 10, 2015, 07:49:24 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
Title: Re: Now we can finally see BitAsset yield!
Post by: Ander on January 10, 2015, 08:41:32 pm
This page is amazing!
Title: Re: Now we can finally see BitAsset yield!
Post by: 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?
Title: Re: Now we can finally see BitAsset yield!
Post by: toast on January 10, 2015, 09:45:35 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.
Title: Re: Now we can finally see BitAsset yield!
Post by: ripplexiaoshan on January 10, 2015, 10:49:43 pm
Nice, I hope one day the yield will surpass the bank interests! +5% +5%
Title: Re: Now we can finally see BitAsset yield!
Post by: clayop on January 10, 2015, 11:01:19 pm
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.
Title: Re: Now we can finally see BitAsset yield!
Post by: rgcrypto on January 11, 2015, 05:51:48 am
 +5% +5% +5%

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

Bitmarket?