RE: Polkadot Future20 Nov 2020 08:00
Capt ,, A Pleasure !
As I see it ( Of curse I stand to be corrected ) firstly
Polkadot - From August 20 Following the migration of Polkadot to a ?Proof-of-Stake? network on 18 June 2020, the Company?s staking activities are generating revenue on an ongoing basis in Polkadot?s native DOT digital assets. To date, , KR1 has generated a total of 530.67 DOT. The Company is also pleased to announce that it has realised the accrued revenue from staking yields thus far, realising 530.67 DOT at an average price of US $367.09 per DOT for a total of US $194,802.96
In 2 months @ $3.67 a DOT = £100K a month So DOT now is $4.8 a 20% increase so say $120K a month BUT we can expect a fluctuation of between Staking yields that the Company is generating on the Polkadot network are subject to specific network conditions and could range from a minimum of 2.5% yield, up to a maximum of 40% yield on staked DOT. Again another possible Double of that $120 to around $200 per month to £2.4 m
Cosmos is generating $600 K + or - from POS = KR1 currently estimates the annual net yields on its staked ATOM holdings to be approximately 11.2%. Staking yields that the Company is generating on the Cosmos Network are subject to specific network conditions and range from a minimum of 5.6% yield, up to a maximum of 40% yield on staked ATOM. Again that $600K could double
, W have Kusama just announced generating -
As at the date of this announcement, KR1’s total holding of Kusama tokens is 40,270.10 KSM, which are being actively staked. These might also be utilized for future token distributions through Kusama parachain auctions or similar activities. for around $120K
Should we factor in revenue generated from Dfinity , Moonbeam ,Edgeware,Vega Commonwealth,Acala,Plasm,ChainX,Phala
The Company is also pleased to announce that it has realised the accrued earnings from the ‘stakedrop’, realising 1,231,291.00 PHA at an average price of US $0.10 per PHA token for a total of US $123,637.90.
OK Granted that has possibilities to fluctuate enormously, As GMcd put it -
Truth be told, we believe that this is only the beginning.
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