BroFi APR calculation and why you should vote for your delegated token pool on BRO discord .

in LeoFinance5 months ago (edited)

Good evening to everyone , hope you all are doing great .

Last week we saw the analysis of BroFi from May 1st .

This post is more or less a continuation of that , this will tell you the APR status for each of the token .

Get BRO for delegating tokens ( 29 tokens )

Right now @brofi is paying BRO for 29 tokens .

Here is a list of them -

Sl NoToken
1JAHM
2LASSECASH
3CCC
4LIST
5STEM
6BLQ
7VIBES
8SPT
9SAND
10SPACO
11NEOXAG
12WEED
13CTP
14BUILD
15SPORTS
16LEO
17ASH
18PALMM
19PALM
20INFOWARS
21BEE
22CINE
23POB
24KANDA
25FOODIE
26HIVE
27PAL
28WORKERBEE
29LOTUS

So if you have any of these tokens and not doing anything with it , just delegate it to @brofi and you will receive BRO as dividends everyday .

All tokens receives equal amount of BRO everyday? - NO

Well right now , this is the status of BRO payments everyday .

bro_daily.gif

Note: I have taken data for the month of June 2021.

There was a split in payments for 12th June and 13th June but that changes nothing . As we have seen a number of times before- around 14 BRO is sent out to delegators everyday from @brofi .

Does the 14 BRO gets equally divided to all tokens ? - NO

Okay so the 14 BRO doesn't get equally divided to all token delegation . The token in pool number 1 gets more BRO than token in pool number 2 .

So how is the pool position decided ?

The BRO holders vote for it . The highest votes gets pool position 1 and hence that token gets highest BRO .

Right now Hive is in 1st position and here is the status -

HIVE

  • Total Pool Votes: 32821.62222135 BRO
  • Expected Rewards: 6.90325112 BRO ( next day )
  • Total Incoming Delegations: 107814.67834743843 HIVE

LEO is in 2nd position

LEO

LEO
Total Pool Votes: 25937.44272209 BRO
Expected Rewards: 3.45162556 BRO
Total Incoming Delegations: 51344.921 LEO

So on . If you wish to see all the pool details like above and the position please head to our discord - https://discord.gg/KEDzdydH

The command you have to use for above details is - brofi pools

How many pools can a user vote ?

Right now you can vote from

  1. Discord
  2. https://brofi.cc

Through discord you can vote for 3 pools but through brofi.cc you can vote for 4 pools .

The weight for all 4 pools is same and depends on your BRO holdings .

How to vote via discord ?

Here are the steps you must follow

  1. Type the command brofi pool vote
    image.png
    Then it will ask you if you understand what you are voting for , reply with yes.

  2. Then it will show you all the tokens available .
    Now one by one type the three tokens you wish to vote for . Like this -

  3. image.png

You can see that after 3rd symbol entry it will ask you for your username . Just enter your username and it will give you a link

image.png

Just click on the "Click Here" and it will open your browser and keychain , just click confirm .

image.png

That's it . It takes a bit of time to reflect but your part is done .

How to vote via brofi.cc ?

This is easier than discord bot .

  1. Go to https://www.brofi.cc
  2. Login through keychain
  3. Go to https://www.brofi.cc/account
    image.png

Then just select 4 pools and click send vote , your keychain extension will ask for confirmation ( just like 1st step ) . That's it . Done .

APR

Now let's dive into APR ,

Note: This is based on the payout of 24th June from @brofi and the price of the tokens as of 24th June .

bro_APR.gif

Well CINE is leading with 29% APR .

But how is this possible ? Hive is the one which is receiving maximum BRO payout right now and is in pool position #1 . CINE is in pool position #6 .

Well that's because the APR depends upon various things - amount of CINE delegated , amount of BRO it is receiving , price of CINE , price of BRO etc .

Hive although is in #1 position , the amount of Hive delegated is much higher .

Currently you will receive about 0.0000637835 BRO / HIVE / Day

Whereas for CINE you will receive about 0.0000064523 BRO / CINE / Day

Since CINE is 0.04 HIVE so now I guess it is clear why CINE APR is higher than HIVE .


Who should vote for pools ?

Well not trying to force you to do it but it is beneficial for you if you did this .

  1. The users who are holding BRO but haven't delegated any tokens to @brofi may or may not vote for pools , it doesn't affect them much .
  2. The users who are holding BRO ( any amount ) and have delegated tokens to @brofi should vote for the pools they have delegated to .

I have made the BRO token dividends - token wise charts public .

You can access it here to check the BRO dividends for particular token / tokens.

https://public.tableau.com/app/profile/abhishek8380/viz/BROFIdividendstokenwise/BROtokenwise


That's it from me today , will be back tomorrow with another analysis . Till then take care and have a good day ahead .

Posted Using LeoFinance Beta

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@brofund! I sent you a slice of $PIZZA on behalf of @honeysaver.

Learn more about $PIZZA Token at hive.pizza (1/20)

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 62 of my contest just started...you can now check the winners of the previous week!
12

Esto parece muy interesante. En cuanto tenga chance haré una delegación. Gracias, parece una buena idea !


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@brofund! I sent you a slice of $PIZZA on behalf of @mightyrocklee.

Learn more about $PIZZA Token at hive.pizza (3/10)


Your post was promoted by @amr008

delegated to @brofi my Kanda and Sports tokens.

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@brofund! This post has been manually curated by the $PIZZA Token team!

Learn more about $PIZZA Token at hive.pizza. Enjoy a slice of $PIZZA on us!

Awesome calculation. How did you even come this far to achieve this man!

<><

<><

LUV

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@brofund, you've been given LUV from @petrvl.

Check the LUV in your H-E wallet. (1/1)

I wondered how I had obtained this tokens, it is now clearer, I will surely make a delegation to you later I unstack all my tokens on various accounts to better reorganize them later
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It's nice to know this! I will delegate it all!

can i delegate and forget about or do i need the discord thing?

Dear, I am very grateful for always positively evaluating my publications on Yoga, which motivates me to do it better every time. I wish you many successes. Sincerely @omarrojas from Venezuela.