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RE: Want to boost your steem power fast? Consider higher APR

in #minnowbooster7 years ago

Dear Swissclive friend, I am the winner of the contest developed by @Karlin "mascota divertida" and that counted on your wonderful contribution. Again I would like to thank you for that gesture.

Now, regarding your interesting analysis of this post, I have the following doubt. Why do you compare the 37% delegator gain to the 470% delegated gain? Isn't 37% of the delegator's profit supposed to be monthly and 470% of the delegated's profit is annual? Or is it that the monthly profit of the delegator is 3.08% per month so that when multiplied by 12 months (one year) it is 37%?

Forgive my ignorance, and I apologize for the used English, as I use the help of a translator to communicate with you. Thank you in advance for the clarification you can give me.

Greetings and a big hug.

Translated with www.DeepL.com/Translator

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Hi @jamesbacon. The quoted rates are all annual. It’s 3.08% per month. The potential profit could vary greatly if you pay too much to lease steem, or if you are down-voted by a whale who does not like self-voting.

Ah ok now I understand perfectly! Thanks for clearing up, bro.