4 PAL Every Upvote
With 6718 PAL staked my upvote creates 4 coins.
That's 40 coins a day.
14.6k coins a year
How is that possible?
Because only 10% of the coins are staked, and all of them are generating inflation.
In the spirit of Binance falling into compliance with KYC regulation I hereby purchase 500 more Steem worth of PAL tokens.
0
0
0.000
jumped from rank 33 to 29
Nice!
I have noticed you've been buying further, I will be doing the same :)
I bought 500 more tokens today myself. Hard to pass on them. ;)
Posted using Partiko Android
:flex:
hahahhaha we are neck to neck... lol
Oh man I wish I had the steem to make a jump like that. What a way to increase your stake and help those you support.
As with all things steem, it is probably temporary til everyone catches on. Spread that pal around!
Posted using Partiko iOS
Where did you find the 1.5 million PAL staked total?
For what it’s worth, I found it pretty easy to buy PAL for the first few days but selling seems to be drying up as the buy/sell spread has widened. I can pick up a few here and there, but not hundreds at a time without moving the price fairly significantly.
I also seem to be doling out 4 if I vote at 100% but have been doing a most of my voting in the 20-30% range. I think that until decimals arrive, most (all?) of that will be going to authors. Meh, I’m okay with that.
Upper right corner at:
https://steem-engine.rocks/tokens/PAL/richlist?sort_field=stake&sort_order=desc
Thanks.
Did you happen to check on the ROI. Too lazy right now to do it myself.
I am doing some arbitrage trading in PAL to increase my stake.
by arbitrage do you mean liquidity gap trading?
Right, arbitrage is between exchanges. My bad.
Nice pick up! 40 coins a day is rather solid and what is so cool is that ANYONE can be doing it right now as everyone had a fair advantage here on palnet. It has to be one of my fav parts about this system its like getting in on the ground floor of something massive
Awesome, wish I had the availability to grab that. I'm glad I have at least some PAL, it's great to have some diversification especially when we don't have to do a whole lot to get it from PAL.
That massive sell wall remaining in place will mean that the PAL tokens will not exceed 1 STEEM very easily.