How Much HIVE Will You Get from 70K Pool? - SIM Burn Explained - Rough Math Done...

Hey All,

As promised this is a follow up post where I said that I will be getting into the specifics of how much #HIVE one can except to receive from the reward pool of 70K+ #HIVE. Please note this is a rough calculation just to give an idea and I maybe wrong as well but with all the information I have, I thought to let all my followers know about this rough calaculation that I am doing to get to a number we can except for us to receive the #HIVE in the ratio of Millions of #SIM token being sent to the @null account. First thing first I have sent the majority of #SIM that I was holding to the @null account and here is the snapshot of it - clearly visible 100 Million #SIM has been sent by me to the @null account.

How Much HIVE Will You Get from 70K Pool? - SIM Burn Explained...

Let us now get into the specific of how I am calculating the #HIVE we can expect to receive. At first we need to come to a point where we know at the end of the #SIM burn period which at the moment is set to 6/26/26 how much of it will be sent to the @nulll account. The basic formula applied here is as follows::

Example1: 1 Million SIM sent by user & Total 1 Billion SIM sent to @null

1,000,000,000/1,000,000 ×70,000 = 70 HIVE received

Example2: 100 Million SIM sent by user & Total 1.5 Billion SIM sent to @null

1,500,000,000/100,000,000 ​× 70,000 = 4,666 HIVE received

Here is the table created to give a better look at #HIVE being received when the total of #SIM sent to @null has different numbers along with individual numbers for #SIM being sent by a user to null.

Total SIM Sent to @null	HIVE per 1M SIM	10M SIM	50M SIM	100M SIM
150 Million	~466 HIVE	~4,660	~23,300	~46,600
300 Million	~233 HIVE	~2,330	~11,650	~23,300
500 Million	~140 HIVE	~1,400	~7,000	~14,000
1 Billion	~70 HIVE	~700	~3,500	~7,000
1.5 Billion	~46 HIVE	~460	~2,300	~4,600
2 Billion	~35 HIVE	~350	~1,750	~3,500

I guess now we have some idea and now let us take my example here where I have already sent 100 Million #SIM to @null account. Worst case scenario lets assume that 1 Billion #SIM is burnt then based on this how much #HIVE will I receive. Here is the math

Example3: 100 Million SIM sent by user & Total 1 Billion SIM sent to @null

My SIM = 100,000,000
Total SIM sent to @null = 1,000,000,000
Total HIVE pool = 70,000

100,000,000 / 1,000,000,000 ×70,000 = 7K HIVE to be received

Not bad right? I hope all this information was useful and incase you have a follow up question please free to ask in the comment section below.

dCity Accounts – #SIM Holdings

There is also one factor here where I am guessing atleast the #SIM owned by Dcity will not factor in and here what the dcity account holds. So I guess this 133+ #SIM will not be accuntable this is my wild guess. If you have been playing the game Dcity or you have #SIM then let me know what you have decided to do Swaping for #HIVE now or plan to wait. Well this should be it for todays post on - "dCity Game comes to END - But I am Buying #SIM - WHY?." Bye Bye.. Dcity.. We all will Misss You.... Cheers

Best Regards
Paras

Image Courtesy:: peakd, post from ecoinstant, ChatGpt, Peakd, alextrapp.github.io, tribaldex

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.