Calculating DICE dividend yield
I just bought some DICE - could someone check if my conservative math is right?
~500 ETH per quarter for distribution x 4 = 2000 ETH
At the current price of ~$150, 2000 x $150 = $300,000
$300,000 for distribution to 7,100,000 tokens (approximately) means $0.04 cents per token. At a price of $1.75, $0.04 cents is 2% annual yield. Is that right or am I totally off?
Posted May 28, 2017, 5:00 PM UTC
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