Now we can finally see BitAsset yield!

[rgcrypto]

 

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.

[ripplexiaoshan]

Nice, I hope one day the yield will surpass the bank interests!

[toast]

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.

[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?

[Ander]

This page is amazing!

[xeroc]

+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]

+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?

[liondani]

+5

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

Sent from my ALCATEL ONE TOUCH 997D

[islandking]

  Awesome. Thanks for adding the asset yields to Bitsharesblocks.

[bitmarket]

Awesome.   Will be using that in a video

[xeroc]

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 ..

[Mysto]

  svk

[svk]

Why does the yield show as >200% for USD here?

Was hiding the wrong column for phones, fixed it now, do a refresh.

[bitsharesfan]

Awesome! 

[Empirical1.1]

Nice find .. for svk!

 

[xeroc]

Why does the yield show as >200% for USD here?

[cass]

  Good work

[svk]

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

[xeroc]

Nice find .. for svk!

[Rune]

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.