It in fact is bad objectively because HP is the baseline.
It is not made any better by the fact that the byproduct has an even worse apr.
most projects get to this phase, this is just the opening "mining phase" any way right?
Thanks for doing the math I like math.
!pimp
I only presented the current APR numbers with my opinion on them, no math or deep dive. You speak as if the byproduct having a worse APR than the HP delegation gives is a bad thing. The fact that the byproduct gives APR at all makes the original staking more appealing. There could of easily been no APR for the byproduct and I'd imagine HP would still get delegated. Hive sitting idle staked: 2.77% APR / Getting curation returns 9%+ takes some effort. HBD when staked 15%. Placed against these commonly utilized APR's the APR of 9% + 6%+ on byproduct is competitive. As for the end byproduct of each of these different types of APR's, of course that matters as well. So does trade volume and other factors as futures. I think most that delegate understand that and take on that risk for many different reasons. The main one being we hope the startup succeeds and becomes a net positive for the Hive Blockchain, our delegations makes us apart of creating that success; if it were to happen.
