Waves is a platform tailored towards issuing new tokens fast and easily. They have a very clean/easy to use interface and also a marketplace for exchanging various Waves tokens in their lite wallet. You can run a full node to earn additional waves or you can lease your waves to a full node (minimum of 10k waves requirement to run a full node). The documentation I read stated around a 1% return per month on mining with a full node. Most nodes advertise they will share 70% to 80% of what you earn if you lease to them.

If you want to read more about why I invested in Waves, please see this post where I go more in detail. For this rest of this post, I'm going to focus on my experience and the returns I saw during the past 3 weeks of leasing.

For the purpose of returns, I going to talk in terms of Waves and not USD. Waves as a coin, has gone up and down over the past few weeks. Actually, it's doubled up in USD during those 3 weeks if you want to get specific!

Starting Point: May 25th

I transferred 3,484 Waves into my Waves Lite Wallet and leased them all out.

End Point: June 15th

21 days later, I looked at the Waves I had earned from leasing, along with any other Waves tokens I had been awarded.

Earnings

• Miner Rewards = 66.04
• Waves = 0.2

Awards

• Ripto Bux = 11,600
• Mobile Go = 338
• Waves Community Token = 40.6
• Ether Waves Token (scam coin) = 10

What are all of those tokens?

• Miner Rewards: These are awarded to the full node for mining
• Waves: These are also awarded to the full node for mining

My understanding is that Miner Rewards + Waves should be about 1% return per month for mining. Since I'm leasing, I should be getting around 0.7% to 0.8% return per month.

• Ripto Bux: I haven't researched this coin, but this is a coin that held their ICO on the Waves platform. Waves awarded some of these coins to Waves holders.
• Mobile Go: I don't know much about Mobile Go, but I have heard of it. I think they raised $50M in their ICO, and is some kind of gaming token. Since their ICO was on Ethereum and Waves platforms, Waves holders earned some of this coin.
• Waves Community Token: This is a community token used to incentive long term holders....basically a reward of keeping your waves in your wallet. You won't get this if you leave your waves on an exchange!
• Ether Waves Token: Anyone can create a token on Waves and call it whatever they want. Someone created one called Ether and randomly sent 10 out to wallets. I was a little excited when I first saw I got 10 Ether! Then I realized, it's on the Waves platform and isn't the real Ether. Hence, I'm calling it a scam coin!

To see what my earnings are, I looked at what those are worth in terms of Waves. All of those can be traded into Waves using the Waves Lite Wallet - Marketplace tab. I calculated these rates based on the value on June 17th.

Results

• Miner Rewards earned = 1.5 Waves (I traded these into Waves on the Waves exchange)
• Waves earned = 0.2 Waves
• Ripto Bux earned = 16.0 Waves (I held onto Ripto Bux for now, will do some research before deciding if I convert to Waves)
• Mobile Go earned = 114.0 Waves (I held onto Mobile Go tokens for now, will do some research before deciding if I convert to Waves)
• Waves Community Token earned = 21.5 Waves (I traded these into Waves on the Waves exchange)
• Ether Token earned = 0 Waves (These are crap scam coin. Need to figure out how to just get rid of them from my wallet)
• Total earned = 153.2 Waves

Out of the 153.2 Waves I was rewarded, 1.7 Waves came from leasing activities. That represents a monthly leasing return of 0.07%. The total return was much better...monthly return of 6.4% and yearly compounded return of 110%. This assumes that each month I convert whatever coins I have earned into Waves and lease it all out.

I'm very happy with a 110% return for just holding onto Waves! What other coin provides that rate of return for just doing nothing. Keep in mind that you can't earn any of this if you keep your Waves on an exchange (Bittrex, Poloniex, etc), you have to have it in a Waves Wallet.

I'm very disappointed in the leasing return of only 0.07%. I was expecting around 0.7%. I have cancelled my lease from that deadbeat node and found another node, hoping they actually honor that rate of return.

Please share your Waves leasing experience if you have done it.

If you are familiar with Mobile Go or RiptoBux, please share any insights you have.

If you upvote and follow, I will follow back. Just let me know below. Thanks!