[ANN] [USDbitfnx]The first dividend paying USD asset (~60% p.a.)Auditor=Damelon!

[USDbitfnx]

TOMORROW IS DIVIDEND DAY!

Interest, Week 2-3:

Day 1: $15.44
Day 2: $15.57
Day 3: $15.82
Day 4: $15.44
Day 5: $15.37
Day 6: $14.81
Day 7: $14.20
Day 8: $14.16
Day 9: $14.53
Day 10: $14.07
Day 11: $14.17
Day 12: $12.60
Day 13: $13.46
Day 14: $13.53

Accumulated: $203.17

Projected total payout on day 14/15: $216
Projected payout per USDbitfnx on day 14/15: 0.0138USDbitfnx/USD   (13.8 USDbitfnx per 1000 USDbitfnx)




Details can be found here: https://docs.google.com/spreadsheets/d/1bSej427-QIqm3ls-r3pIwV8XWWEm1aul9I2ToDIzHzA/pubhtml

Regards

[1715484819]

1715484819

[1715484819]

1715484819

[1715484819]

1715484819

[USDbitfnx]

Don't forget today is dividend day

[dandruff1138]

Thanks for always being on top of this and having integrity to support the AE.

[USDbitfnx]

Thanks for always being on top of this and having integrity to support the AE.

No problems.

Dividends will be a bit delayed because I need to figure out how to calculate the stakeholder distribution without the Nxtreporting.com site. It is currently not updating.

https://nxtforum.org/index.php?topic=85.msg81112#msg81112

[USDbitfnx]

I have just successfully paid out 205.32 USDbitfnx in dividend.

Message attached to the dividend payment:

This is the Week 2+3 Dividend Payment!                   
This round, the 1 NXT will be deducted from the dividends.                  
If the dividend amount is below 0.1 USDbitfnx, the dividend will be noted for that account and accumulated.                  
Dividend total: $205,32                  
Total outstanding USDbitfnx not in the issuer account: $15393,11                  
Dividend per USDbitfnx 0.01314 USDbitfnx                   
Please leave some feedback here:                   
Main thread: https://nxtforum.org/index.php?topic=3884.0                  
Post rating here: https://coinist.co/nxt/nxt-assets/USDbitfnx-nxtbqk9udgp2q9749h3l                  

If you have not received your payment, contact me please.

Next dividend payment will be in exactly 14 days!

[USDbitfnx]

Recap:

Asset ID:10294386916428132892

The USDbitfnx asset ran successfully for over 100 days and has achieved a compounded 9.15% interest in those 107 days and 833$ paid out and 52$ pending dividend.

Now we can calculate the average yearly return, that we can expect with this asset:   1.0915^(365/107) = 1.348 = 34,8% yearly interest!



Reminder: USDbitfnx is a USD backed asset, that has deposits on Bitfinex and uses that USD to participate in the swap market on that site. This currently yields 34.8% yearly with USDbitfnx's swapping strategy. The balance is always 100% and this was/is audited by Damelon.

There are two ways to get USDbitfnx:

- Send NXT or BTC to me, those will be sent to Bitfinex and exchanged for USD, you will get USDbitfnx tokens into your account.
- Buy them on the exchange.

(Both ways are also open for selling/redeeming the asset)

Why would you buy USDbitfnx?

- With USDbitfnx, you can speculate on falling BTC and NXT prices
- Gain more interest than on a bank account via dividends
- Trading gains (this asset was once sold for 17 NXT, now it is worth over 50 NXT, so much volatility)

Update: I have placed a sell order with the issuer account. Once someone buys USDbitfnx from that offer, the NXT will be immediately sold and transferred to Bitfinex.

Thread: https://nxtforum.org/assets-board/(ann)-(usdbitfnx)-the-first-dividend-paying-usd-asset-(~60-per-anno)/