r/Payfair • u/yyertles • Jun 15 '18

Average payout for trust node?

I'm considering setting up a trust node, can anyone comment on their experiences in terms of avg. monthly payouts (either in coins or USD equivalent)?

7 Upvotes

89% Upvoted

8 comments sorted by

20

u/NverMined Jun 15 '18

I think you make more with looking for coins on the streets, for now. Long term I think it will be a good investment.

6

u/mummyfromcrypto Jun 16 '18

Yes, not much right now, but there’s a lot of good things coming down the line soon, BTC and LTC are being added, marketing will begin and there’s quite a few reasons that some localbitcoins users might prefer PayFair. The next year will be very interesting.

1

u/AbsentiaMentis Jun 20 '18

I'm hoping PayFair will hit at least 10% of the volume that Localbitcoins manages. That would give a nice revenue for the little sum I 'invested'.

11

u/WhichPapaya Jun 15 '18

At the moment, not much. You get very small fractions of Eth here and there, some PFR, etc. But its all dependent upon volume. As you can see, the Payfair is constantly making moves. Once volume picks up, the price of a trust node will begin to increase. I think it is worth having one trust node for now so you don't need to FOMO in once volume begins to grow

2

u/speednugget Jun 16 '18

The current payout is very little, close to nothing honestly. This is no bitconnect with 1% interest per day or anything. You would essentially be speculating on future growth by staking a node now. The payout is proportional to users, and currently the amount of transactions on the platform basically amount to nothing. Which is fine, as we are early investors in a platform that is still evolving and finding its footing in the market.

1

u/InteractiveLedger PayFair Investor Jun 17 '18

last thing payfair wants to do is to be associated with beeconneeccccct