Estimating SmartCash SmartRewards Payout Percentages Through March of 2018
In a couple earlier postss analyzed the inflation rate of SmartCash as well as historical SmartRewards payout percentages by month. In this post I attempt to estimate the SmartRewards payout percentages in future months through March of 2018.
I am basing my SmartRewards payout percentage estimates on the assumption that, on average, the SmartRewards will be roughly 50% of SmartCash inflation because that is roughly what the average was in November, October, and September (e.g. 50%, 54%, and 43% averages to 49%). Also, the SmartRewards Calculator currently estimates the December rewares payout at 7.51% which is up from the 7.38% estimate is gave about a week ago which means that by December 25th it will probably get pretty close to 8% which would be roughly 50% of the 16% of SMART inflation in December.
Below is a table that shows the estimates through March of 2018. It will be interesting to see how accurate the estimates below turn out to be. If I had to guess, then I think the actual SmartRewards payout percentages may be slightly lower than the estimates shown below.
| Month | Monthly SMART Inflation | SmartRewards Payout % |
|---|---|---|
| 25 Nov 2017 | 26.73% | 13.45% (actual) |
| 25 Dec 2017 | 16.00% | 8.0% (estimated) |
| 25 Jan 2018 | 11.72% | 5.9% (estimated) |
| 25 Feb 2018 | 8.88% | 4.4% (estimated) |
| 25 Mar 2018 | 6.43% | 3.2% (estimated) |
@smartbot tip @twodollars 50
Σ$$$ Tipped @twodollars
Σ50 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.063 USDperSMART. Current value of the tip is$3.15 USD. To find out more about SmartCash, please visit https://smartcash.cc.@smartbot withdraw SbH4VXcvDDLT6VX2oyJbK4qhwyJ2yv6HjC
Usage:
withdraw <amount> <address>@smartbot balance
You have
Σ100 SMART(unconfirmed:Σ0 SMART).@smartbot withdraw 100 SbH4VXcvDDLT6VX2oyJbK4qhwyJ2yv6HjC
@twodollars:
Σ99.99 SMARThas been withdrawn from your account toSbH4VXcvDDLT6VX2oyJbK4qhwyJ2yv6HjC. You have been chargedΣ0.01 SMARTwithdrawal fee. Transaction3190eef8b451b4077ae8e74fea9ab3e80bac37581578bc7ace0211a3d3f488bcis now completed. To monitor the transaction status click HERE.That is to say that each month receives less percentage of reward for doing SmartRewards?
The total SmartRewards pool is defined to be 15% of the BlockRewards which is defined to be "5000 * 143500 / BlockHeight" which decreases with each block so the total SmartRewards pool decreases over time which means that less SMART is given away each month as SmartRewards. Additionally, the total amount of SMART increases over time (inflation) so over time there is an increasing amount of SMART around that can compete for the decreasing SmartRewards pool.
pocketsend:101@twodollars
Successful Send of 101
Sending Account: cloudspyder
Receiving Account: twodollars
New sending account balance: 3996871
New receiving account balance: 100
Fee: 1
Steem trxid: d8868236f2b1c33c6df16a456b533072b2c1af72
Thanks for using POCKET! I am a confirmer bot for fun, view my source confirmer code here. Don't know what a POCKET Token is? Here is a link to the official announcement post.