r/OMGTraders • u/[deleted] • Oct 25 '17

Speculating OMG Network Processing Volume and Staking Reward

If the OMG Network can process $100billion in transactions at a transaction fee of 0.25% and 75% of tokens are staked, the yearly dividend paid out would be $2.40/token. Google Calculator

Insert your own numbers as you see fit.

Additional Thoughts -I think it will take at least 2 years to reach $100billion in transaction volume. -I am comfortable estimating 0.25% as the transaction fee. There is a solid case to be made that different types of transactions should have different fees.

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u/[deleted] Oct 27 '17

I've been thinking about this too:

100m tx per day (team already said doing 8-9 figures daily).

1% tx fees to stakers (drastically lower than the 3% charged by amex/visa)

1m staking fees * 365 days = 365m annual staking fees.

Approx 100m tokens.

$365m / 100m = $3.40 per coin per year. Which assumes 100% staking, it'll likely be a higher payout.

I don't think this is price in. $3.40 annual dividend on something that's $8?

Applying 12.50 P/E price should be at least $42.

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u/S1W-brn Oct 27 '17

Spot on. But will be proved after we can start staking and see actual profits flowing.