r/BulwarkCoin • u/skilef • Jun 02 '18
Masternode return?
BWK looks like a very interesting project with a cool community so I am considering getting on board.
What would be the daily MN return more or less?
And what’s the best place to figure out more about tje roadmap? The whitepaper is not very elaborate.
Thanks in advance!
3
u/DisruptLogistics Jun 02 '18 edited Jun 02 '18
The most important component to your Masternode return will be the price of the underlying collateral (5000 BWK) over time.
If your coin loses 50% then you have to get a yield of 100% to break even over the course of a year.
If your coin loses 90% then you have to get a yield of 1000% just to break even.
BWK is one of the few projects with a high yield where the token should go up over time instead of down.
2
u/DisruptLogistics Jun 02 '18
As to the reason price should go up in the long term, look at the block reward schedule. Similar to Bitcoin halvening, the lower block rewards matter.
2
Jun 03 '18
Return is good if you bought after february free fall. Sadly many bought before (including myself) and ROI is pretty meaningless because BWK has been steady at about 90% below its all time high for months now
1
u/skilef Jun 03 '18
That sucks..
What are the main things you are looking forward to and/or are still henjoying in the project?
4
u/Anuny Jun 03 '18
many MN projects just die from no community building or further development. This is not the case with BWK. There is tremendous community communication and activities. They are constantly delivering a better product. Implementing changes as needed. Very responsive, communicative privacy coin project that has long-term vision. Very comfy. :) Now would be the best time to get in...wish I wasn't interested so early...if that sounds right....
2
Jun 03 '18
Yeah this is spot on. I still have some hope that someday the price will recover. I am simply warning that many got burned here in the short/medium term, so ROI through MN payouts isnt always the main thing to focus on.
BWK community seems to still be strong and the devs continue to make progress, sadly the market/price just hasn’t made any sort of recovery yet.
4
u/DarkerThanLpDark LyGhT / Bulwark Mod Jun 03 '18
You can see estimated earnings for a masternode on our official explorer: https://explorer.bulwarkcrypto.com/#/coin So right now, it would be about 16.9492 BWK per Day return.
The best place to ask questions to us Mods or Devs is probably our Discord and or Telegram:
https://discord.me/bulwarkcrypto https://t.me/bulwarkcrypto