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RE: Crypto trends in 2020

in Project HOPElast year

Interesting read @ritxi

It's fascinating to see how bitcoin has been developing within past 11 years and witness challenges it has been facing since 2018.

It was founded by a group called Satoshi Nakamoto.

And until today noone knows who are people belonging to this group. One of the biggest misteries ever, right?

Just the other day I've read post by @juanmolina - he also mentioned adventages of DeFi and it was my very first time I got really interested with that particular topic. Until then I wasn't even sure what DeFi stands for. So lame :P

I'm wondering how DeFi will handle current anti-money laundering regulations. Especially AMDL5, which is going live within 2 days and will introduce even more restrictions.

Perhaps you could visit my latest post, where I'm trying to encourage discussion on that topic? I would appreciate.

Here, when you lock STEEM into STEEM POWER, you get around two percent annually.

Two percent? Meaning? I thought that with manual curation we can get much more than that. And without any manual curation we would get 0.
Can you tell me more about those 2%?

Cheers, Piotr


Hi Piotr

Vesting - STEEM tokens that are powered up to Steem Power will earn a small amount of new tokens for holding.

When you press refresh on the page you will see Steempower increasing slightly

The same is true with delegated SP as well

say that delegated SP is 5000 and when it is withdrawn it stands at for example 5077. all that amount goes back to the owner again

Thanks for the explanation and examples to understand it more easily.

nice to be able to help

Thanx, I was about to explain that, but that is cool explanation.

Hi @crypto.piotr,

I was about to explain those 2%, but @xpilar gave you the exact answer.
It is also writen in everyones wallet section

STEEM POWER increases at an APR of approximately 2.19%, subject to blockchain variance. See FAQ for details.

And when you check and your or others delegated SP, you will see the difference even in the delegated ones. I delegated 1000 SP to project hope, but after two days only, the delegation is 1,000.130 SP.

And those SP which you get by curating are "extra". So if you can make let say 5% a year by curation, so if you add those 2%, you got 7% SP higher then the last year.