Delegation Giveaway #1 Result (16.090 $TRENDZ, 25.09% APR)

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Dear Splinterlands Community,

At the beginning of this month, I presented a new opportunity to earn $TRENDZ tokens passively by delegating HP. You can read about the whole concept HERE

The first giveaway took place between 1 September and 10 September. Let's see the numbers!

Delegation Stats

4022 HP was delegated by 18 accounts
13 accounts got a share from the reward pool by earning a total of 23403 Delegation Points
3 accounts (@chiboulette, @lumpiadobo, and @hatdogsensei) delegated less than 100 HP. Currently, they only support the project without rewards
2 accounts (@szobipetya, @trendztoken) and the main account (@splintertrends) don't earn Delegation Points, just boost the return for others

HP income

The total HP income was 16.090 from these sources:

Source	Amount
Author rewards (articles)	12.160
Author rewards (comments)	0.075
Curation rewards	3.855
Total	16.090

I claimed this HP, bought 16.090 TRENDZ tokens from my liquid SWAP.HIVE and sent to the eligible participants.

Reward shares

Account	Delegated HP	Delegation Points	Share	TRENDZ
@noctury	1000	8000	34.18%	5.500
@lorddiablo	500	5000	21.36%	3.438
@viniciotricolor	300	2700	11.54%	1.856
@henruc	110	1090	4.66%	0.749
@imfarhad	101	1010	4.32%	0.694
@beaker007	500	1000	4.27%	0.688
@freed99	100	1000	4.27%	0.688
@siberian12	100	1000	4.27%	0.688
@sieghard1990	100	1000	4.27%	0.688
@drstealth	100	700	2.99%	0.481
@ryosai	100	400	1.71%	0.275
@wondex	101	303	1.29%	0.208
@thewobs94	100	200	0.85%	0.138
Total		23403		16.090

You can check the transactions HERE

How much is the APR (Annual Percentage Rate)?

I use the following formula to calculate the APR for 1 delegated HP per day:

APR = Rewards (1 day) / Delegation Points (1 day) x 365

This can be used for longer periods as well:

APR = Rewards (10 days) / Delegation Points (10 days) x 365

For the first period, the APR was 25.09%, which would be quite good in the long term.

But let me share some thoughts 😀

The total earned HP contained the HP part of Author Rewards, which depends on the upvotes of articles and comments I publish. This value doesn't correlate with the delegated HP amount. Right now, it’s much higher than Curation Rewards, but later it may have less impact on the overall APR.
The result of the first delegations arrived after 7 days, so most of the Curation Rewards are from the last 3 days. I think, for the next period, this part will be higher.

What's next?

In the later articles, I will always mention the overall HP income, Delegation Points, and APRs.

We will see, all I can say is that I will be working hard to be among the best services 😉

Thank you to everyone who decided to delegate!

Happy browsing!
Peter

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