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RE: Delegate to Earn your delegation rewards in USDONE and enjoy stability
We currently are delegating to Smartsteem. And on their website you can see that daily expected return on 10000 delegated steem is 5 steem. So if a user delegates 10000Steem to us then we will receive 5 steem a day from smartsteem. These 5 steem will be converted to USDONE depending on what is the conversion rate at that time. And converted USDONE will be transferred to delegators account.
So if the conversion rate is 2.5 steem per USDONE then user will get 2 USDONE. These two USDONE will be transferred to the user.
As our account size increases we will delegate to multiple bots/dapps depending on the risk and return profiles in order to maximize per day earnings for USDONE token holders and our delegators.
Hope it explains.
If that’s the case, I can delegate by myself to SmartSteem and receiving the Steem — buy the UsDone from the market. I don’t see any point in delegating you since it doesn’t make any difference to me and I can do the same operation by myself.
I guess I’ll have to stick with dApps like ActiFit or dLike, for example, which pay me thousands of their tokens per day and once these tokens get liquidity on the market — I’ll profit considerably more than 5 Steem per day. :)
Let me know if you change your delegation program in the future though.
Good luck!.....
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