1./
The Whole Truth on...
Should you un-stake from your @cryptocom #CRO Jade Green card?
Card vs. DeFi Staking
Time for some Alpha. I've been shitposting too much recently.
These calculations surprised me greatly. I assumed it was a no-brainer to un-stake but it seems
The Whole Truth on...
Should you un-stake from your @cryptocom #CRO Jade Green card?
Card vs. DeFi Staking
Time for some Alpha. I've been shitposting too much recently.
These calculations surprised me greatly. I assumed it was a no-brainer to un-stake but it seems
2./
that in the vast majority of cases not to be as simple as I thought. I assumed that with the reduced benefits such as reduced cashback, reduced staking reward and no more @netflix and @Spotify rebates that there was NO WAY the numbers would favor remaining in the program...
that in the vast majority of cases not to be as simple as I thought. I assumed that with the reduced benefits such as reduced cashback, reduced staking reward and no more @netflix and @Spotify rebates that there was NO WAY the numbers would favor remaining in the program...
3./
It seems I was wrong. In order to come to a conclusion, I had to make some assumptions. Firstly, how much CRO was staked originally, this gives us the average purchase price. Then how much was being spent on the card monthly.
In order to make a comparison, we have to...
It seems I was wrong. In order to come to a conclusion, I had to make some assumptions. Firstly, how much CRO was staked originally, this gives us the average purchase price. Then how much was being spent on the card monthly.
In order to make a comparison, we have to...
4./
see what the reward would have been if both price and Original Rewards had remained the same. Then we need to see the rewards we are currently receiving given both the change in Reward Benefits and CRO Price.
The Assumptions and Benefits are as follows;
see what the reward would have been if both price and Original Rewards had remained the same. Then we need to see the rewards we are currently receiving given both the change in Reward Benefits and CRO Price.
The Assumptions and Benefits are as follows;
5./
Here is the outcome if the variables had remained the same...no change in benefits...no change in price.
Here is the outcome if the variables had remained the same...no change in benefits...no change in price.
6./
I'm going to do my best to keep the commentary to a minimum but it is important to point out that this is an outrageous amount of benefits and amounts to...in USD...$96.64 per month at that CRO price.
Next is the outcome of the Card Stake....
I'm going to do my best to keep the commentary to a minimum but it is important to point out that this is an outrageous amount of benefits and amounts to...in USD...$96.64 per month at that CRO price.
Next is the outcome of the Card Stake....
7./
factoring in the Reduction in Benefits, including the current CRO Price and KEEPING THE ORIGINAL STAKE IN PLACE.
factoring in the Reduction in Benefits, including the current CRO Price and KEEPING THE ORIGINAL STAKE IN PLACE.
8./
Therefore, even with the impending changes to Netflix & Spotify rebates, the current reduction in Staked Return and Reduced Cashback...you are still accumulating 245.44 #CRO extra compared to what you would have with the old system...
Therefore, even with the impending changes to Netflix & Spotify rebates, the current reduction in Staked Return and Reduced Cashback...you are still accumulating 245.44 #CRO extra compared to what you would have with the old system...
9./
When we then compare the outcome to purely Staking in the DeFi wallet it becomes a complete no-brainer to keep the card. You are accumulating 387.05 CRO more in the card than with DeFi staking...
When we then compare the outcome to purely Staking in the DeFi wallet it becomes a complete no-brainer to keep the card. You are accumulating 387.05 CRO more in the card than with DeFi staking...
10./
#crofam There have been assumptions made in the creation of this. Initial Stake, Initial CRO Price, Amount of monthly spend on the card. When you do the calculations given your own circumstance you will be able to see at what exact CRO price that DeFi overtakes the card..
#crofam There have been assumptions made in the creation of this. Initial Stake, Initial CRO Price, Amount of monthly spend on the card. When you do the calculations given your own circumstance you will be able to see at what exact CRO price that DeFi overtakes the card..
11./
In conclusion, I'm just here to present the calculations. You can extrapolate your own conclusions about what is the best thing to do for you. Hopefully this helps you make a decision when the time comes. The reason I have done a megatweet on it is because I was actually...
In conclusion, I'm just here to present the calculations. You can extrapolate your own conclusions about what is the best thing to do for you. Hopefully this helps you make a decision when the time comes. The reason I have done a megatweet on it is because I was actually...
12./
very surprised by the outcome. I have no doubt that the leadership of @cryptocom @cryptocomnft such as @Kris are well aware of this and have chosen to let the #crofam make their own decisions.
Peace.
very surprised by the outcome. I have no doubt that the leadership of @cryptocom @cryptocomnft such as @Kris are well aware of this and have chosen to let the #crofam make their own decisions.
Peace.
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