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RE: Earn 45% APR on your SBD and Steem! profits from @bellyrub
Just so i got this correct, the profits sent out are for giving SBD, which is used to increase the voting power of the bidbot.
Seems like a good idea, but 45% return is pretty high. Anyone able to verify these returns?
You can verify by going here https://steemit.com/bellyrubbank/@bellyrubbank/bellyrubbank-payments-for-this-month-complete
I have 2 lots of 50 SBD invested. each month I get 1.5 SBD on one and 1.87 SBD on the other (difference due to timing of investments I believe).
My calculations show that 45% APR should be 1.875 SBD / month on 50 SBD, so it's pretty close to the advertised rate. I do not know why the difference, and haven't done any analysis of other investors payments.
I will vouch for it! I have been at it since the start! Payments are timely!