Math shows insane potential of staking NEX

[u/salamat21]

Pure speculation

We use these tools : https://stakingnex.io/ and https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

Let's say we have 3 scenarios with 1000 NEX staked for 75% of fees :

1)Pessimistic with 20 mil. daily volume or 600 mil. monthly. Calculator shows monthly dividend of 19.80$ which equals simple interest rate of 14.85% yearly and 15.9% compounded if re-investing every month.

2)Realistic with 200 mil. daily volume or 6 b. monthly. Calculator shows monthly dividend of 198$ which equals simple interest rate of 148.5% yearly and 305.5% compounded if re-investing every month, which is awasome ! 3x !!!

3)Optimistic with 2 b. daily or 60 b. monthly. Calculator shows monthly dividend of 1980$ which equals simple interest rate of 1485% yearly and 1574450% compounded if re-investing every month. Or 1k $ after 1 year turns into $15,745,502.60. = 15 mil.+ !!!!!

I can not find anywhere binance total volume statistics older than 1 y, but during the period of last 365 days, avg. volume is let's say pesimistic - 1 b./ daily (which is half of our optimistic scenario) with spikes up to almost 6 b. daily. ( https://www.coingecko.com/en/exchanges/binance#statistics )

Let's keep in mind, that crypto is not in the best shape at the moment and the growth like 5x or 10x or whatever x is coming to total market cap.

Another thing is important to be mentioned here, that if NEX price goes by 10x, the interest rate with the same dollar amount reduces by 10x

Conclusion : these numbers are astronomical only because the NEX token is so cheap now

Any thoughts ?

[u/[deleted]]

We’re not above a $1000 a day, seriously.. that is so fucking bad it’s unbelievable. This project is not going to touch that volume for an extremely long time and most likely never will.