Period | Amount | # Staked Jurors | Avg. Total Staked | APY |
---|---|---|---|---|
Mar-21 | 1MM | 586 | 123,457,776 | 9.60% |
Apr-21 | 1MM | 676 | 140,746,856 | 8.52% |
May-21 | 1MM | 808 | 147,463,078 | 8.04% |
Jun-21 | 1MM | 839 | 161,032,053 | 7.44% |
Jul-21 | 1MM | 865 | 156,271,986 | 7.56% |
Aug-21 | 900k | 862 | 151,756,793 | 7.08% |
Problems
News requires free-speech yet auto-censorship obstacles it News are public good yet there is lack of incentives for news for public interest Fake news is a problem but centralized fact-checking is another problem Intermediaries, such as news agencies, taking lions share from the revenue to the degree that it's barely feasible to a reporter to make a news. |
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def calculate_tax(income): | |
# Calculate and deduct social security contribution first | |
social_security = income * 0.11 | |
income -= social_security | |
# Income is revenue minus expenses. | |
# In simple accounting, 75% of income is taxable (with 25% assumed as expenses). | |
# Save the original taxable income for both progressive tax and solidarity tax calculations. | |
original_taxable_income = income * 0.75 | |
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