ADDAX Trading Game Round 2 Report - Fund Update & TRENDO Token - Day 8


The ADDAX fund continues to rise while the market stares into the distance.

The key data:

ADDAX fund value = 1130 STEEM (+22 STEEM)
Tokens in play = 14,935
ABV estimate = 7.57 STEEM cents (0.0757 STEEM) UP from yesterday

Profits still coming in, largely from the CATS and KITTENS game and also from post and curation rewards.

This round of ADDAX has seen a bit of experimenting with tokens. I've not been a great fan of mining tokens as they tend to drift towards dwindling returns, then followed by a drop in the mining token price. Also the lottery-miners favour the largest stake-holders, hence the obvious creation of mining pools to mitigate this.

So, have also looked at other token-types; I thought that tipping tokens would be more prominent now that comment upvotes are largely a waste of good VP. Today would like to look at TRENDO token. Your tip is split with 60% to the post creator and 40% to the tipper. Each tip appears to be worth 0.035% in total and proportional to your staked TRDO tokens. I don't know if there is a daily limit on usage - will let you know if I discover it!

So, each day I'll add a couple of ADDAX players to my TRENDO tipper :-)

You'll know it when you see it!

A reminder that anybody can join in at any time. Just either buy what is on the market or, better still, place a buy order just above the current ABV.

Any feedback is appreciated.



Building Steem's Fintech

[BUY MAXUV] - [READ MAXUV]

[BUY MAPXV] - [READ MAPXV]

Plus Some Serious Funtech

ONECENT

TULIP MANIA


Comments 6


Thank you for posting from the https://steemleo.com interface 🦁

01.10.2019 11:31
0

Thank you for supporting @CatsMakeKittens by being a part of our community @addax.

Each CATS you purchase gets you daily upvotes from me @CatScientist as our community grows so do your rewards for being a member!

01.10.2019 11:43
0

$trendotoken

01.10.2019 17:18
1

Congratulations @maxuvv, you are successfuly trended the post that shared by @addax!
@addax got 0.34158600 TRDO & @maxuvv got 0.22772400 TRDO!

"Call TRDO, Your Comment Worth Something!"

To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site

01.10.2019 17:18
0

I like the idea of trendo - I have some nice stake plus a delegation, but on the wrong account - my commenting account is ecoinstar....I'll have to get that fixed.....

02.10.2019 00:36
0

yeah that's one problem, staking it in the correct accounts. But it only works on posts, not comments.

02.10.2019 12:30
0