Important notice! im planing to change a bit the way the asset reinvest and payout works. I will reinvest starting next weekend a larger portion of the BURST we get. To talk exactly i will spend 5% more on assets! This step will make sure the asset will grow faster! At least the part which holds the assets . This step in short term will reduce the dividends by 5% . On the other side it should make sure the portfolio held by the asset will grow faster and raise dividends in the future!
It is not a drastic decrease in short term, but should make extra income in few weeks time! Actually it will raise the speed we can get new assets by 50%. Also from now on i will try to make better deals on the asset market. I will try to buy assets bit under the price and not straight away. Of course if i see the price on some assets is good to buy i wont wait and get it!
The way it worked until now was :
Lending income 25% reinvested and added to my personal btc 75% exchanged -5% for myself rest sent to the wallet.
Mining and assets income and burst from lending: 10% reinvested in to new assets rest paid as dividends.
The way it will work now:
Lending income: 25% reinvested and added to my personal btc 75% exchanged -5% for myself rest sent to the wallet.
Mining and assets income and burst from lending: 15% reinvested in to new assets rest paid as dividends.
I know i said the changes will be announced at least 2 weeks in advance but this is not something drastic. As of the nature of this asset the payouts have large fluctuations in price anyway so i believe in short term you wont even feel the difference! For now if it will go like it does and nothing goes wrong. The divs next weekend thx to good lending up until now should be better as this week even getting this 5% extra shaved of it. But lets see how will the mining perform as its still a large enough portion of incomes!
Comments/opinions/ideas are welcome! Feel free to comment!