I'm inevitable
Graph
checked
my grties stay girthy
When will our day come bros? I am so tired
it's over
How many times do I have to tell you chumps.......
..... $40 EOY is FUD!
Don't let retarded fudders FUD you out of your golden bags.
>over $3k in fees in less than a week
>est $1/2k queries
Does anyone know if indexers are running automated query pricing yet? This is insane.
wat
It might just be (and probably is) a fluke in the rolling settlement numbers, but to put things in perspective:
>$1/2k, 60B q/mo: $0.12/GRT/yr
That's with December's numbers on the hosted service. Extrapolate monthly growth out one, three, five years, 5, 8, 14% to compound that... just can't be real.
Are you saying ppl delegating 100k would get 12k dollars per year as of now?
It’s over
I’m over
We’re over
It’s over
No, that would be after migration. The complications, delays, ongoing revisions between July 21 and the team finally beginning to push for it again this month are probably the reason why GRT's price bottomed out.
But 100k stacks can actually get $12k/yr right now if they delegate intelligently and pray that whales don't dilute their rewards.
*dupms*
Exactly like UBXT moon now that market is back on its feet ser
I don't say this often but it's over.
So do you know after migration what query fees would look like for delegators? Like what would that 100k stack see in rewards (delegation and query rewards) conservatively?
Obsolete
who the fuck knows, atm the rewards fluctuate between 600-900grt
Git gud fgt
yea I'm thinkgen my GRTies stay Hurty
Rewards cut varies from indexer to indexer. p2p takes around 16%, while zombies take around 90% but they don't really optimize for query fees to begin with. So yield maximization gaming will probably remain a thing into the foreseeable future.
All in all, current indexing reward APY (based on 90 day history) maxes out at 30-40%. Median is 8-11%. I once stumbled upon a 600% gem but other delegators quickly ruined the fun and I only got 10% ROI in a month, and I'm projecting half that next month.
With that said, before the indexer cut is factored in:
@60Bq, $0.46 GRT
>1/4k: 14% fee APY ($0.067/GRT/yr) - turbobull case
>1/6k: 10% fee APY ($0.044/GRT/yr) - bull case
>1/10k: 6% fee APY ($0.027/GRT/yr) - middle case
>1/20k: 3% fee APY ($0.013/GRT/yr) - bear case
>1/50k: 1% fee APY ($0.005/GRT/yr) - turbobear case
Multiply the above figures by 1.052^(12*years) to 1.14^(12*years) to bake growth forecasts into the equation.
1/20k is the most conservative average cost I'm currently willing to entertain. For 100k GRT that's at most $1.3k/yr if/when query volume fully migrates. At 10% median indexing rewards, another $4.4k. Total: $5.7k/yr. Might be able to double that with high-yield delegations, but use discretion and diversify.
wrong
Sweet Jesus
yea I know I should have more delegated to this indexer but man that unbonding period sucks
t. have unbonded to rebonded to other indexers before
I got very lucky with timing.
What do you think his deal is? Just offering good rewards until his pool fills up then flipping it?
lol no idea, maybe he just hates keeping his grt rewards all to himself. indexers make bank in rewards, delegators are just bottom feeders slurping what we can