/biz/ - Business & Finance

bout tree fiddy

>>51708504
wut ya meaning?

>>51708406
You can plug in your numbers here
https://www.calculatorsoup.com/calculators/financial/compound-interest-calculator.php

>>51708406
I just did this math for myself.

It boils down to how much you are paying in fees for withdrawing and staking.

for a 22.5M stack, I am generating 21k LUNC per day. I pay 8.8 LUNC to withdraw staking rewards and 8.8 LUNC to delegate.

I generate 18.67 LUNC per day per 20k staked. This means that if i withdraw 2x per day I am losing money on the first 24 hours and every 24 hours after this is profitable. I should only withdraw and delegate once per day. If you tell me what you are paying in fees when you withdraw your staking rewards I can get you a better answer.

>>51708727
Ignore this post, it does not factor in anything specific, and is theory based.

this wont work for LUNC staking/withdrawing

>>51708727
Thnx Anon
I run some number tru this and it seams that the command interest isn`t that much high. 2 Times re-staking per day make no sense 1 Time or even less seams also OK.

>>51708406
>>51708888
I see you provided the numbers in USTC.. Let me run the numbers through my excel workbook

>>51708888
Like I mentioned in the first post my fees are 2.6 USTC for claiming and another 2.6 USTC for re-staking.

>>51708992
Okay, here's the bad news. You are paying fees that are way too high.

There is a FX rate of 110.6 LUNA for every 1 USTC.

This means you are paying 575 LUNC every roundtrip (not including swapping USTC to LUNC). Based on the rate which I have provided which is 18.67 LUNC per day per every 20k staked, you need to generate a minimum of 575 LUNC to break even. That corresponds to 616k LUNC.

you have 7.1x more LUNC than I have and you are paying 10.83x more fees than I am.

This means you need to wait >50% longer to achieve breakeven (my breakeven is a little under a day). With that said. My calculations are based on LUNC not USTC. The amount of USTC required seems to give you a discount compared to LUNC. If you use USTC and convert that to LUNC - you need to earn 575 LUNC (based on the FX) which would require you to receive 616k as the minimum reward for the roundtrip to do it.

You earn ~149k LUNC per day. so you should only do this once every 4.13 days otherwise you are not breaking even on the transaction fees based on the pool you chose. I would potentially look to redelegate to a different pool

>>51708992
If you were to move to redelegate to Luna Station 88, you would profitably be able to withdraw and restake once per day

>>51708992
Last comment, I had it swapped, paying fees in LUNC gives you a 66% discount in fees.

so in addition to your validator node charging you a significantly higher fee than I am (proportionally in USTC), you are paying 66% more in fees than I am because you are paying in USTC and not LUNC.

>>51709338
I don`t get your break even calculation:
I just change the Fee from USTC to LUNC an it shows me 99 LUNC and another 99 for re-staking so 198 Lunc but that is nothing compare to the 149.000 LUNC that I revise per day

>>51709458
the extra/incremental 149k LUNC you are depositing only generates you an additional 139 LUNC per day.

Your break even is 139 LUNC in fees.

>>51709455
I stake with 13 different Validator to minimize my risk. that could explain the higher fees

>>51709458
If you use LUNC instead of USTC the breakeven does change significantly,

now you only need to wait until you have ~212k in staking rewards for break even

>>51709485
OK that make sense

>>51709523
Tony Anon for your help

>>51709889
>Tony
*Thnx

>>51709913
you're welcome anon

>>51708406
This........this is the way

>>51708406
The same people who never heard of the Kelly criterion are going to try to answer your questions