Posts

BUILDING MY PENSION PLAN -LINEAR FINANCE-

avatar of @rihc94
25
@rihc94
·
·
0 views
·
3 min read

It's curious when sometimes I talk to my friends about what they're expecting about its future pension plan and how does they think government will respond for them. They're not pretty worried about how a pension plan is gonna become true in a future, so as always I use to ask, Have you read about inflation and debt history? Obviously not, when day talk about savings I ask them, but what makes you think these saving are gonna grow in you bank? What about inflation? Are you serious?

I live in a country where debt is such a parallel world where government don't really care about how we'll give back these money they previously leave us, so let's print money until we reach that misery level to increase poverty and criminality. As you see is kind of vicious circle, first thing they need to worry about is create job and investigate why a high percentage of young people is leaving country.
Over time I wanted to learn how the economy works and what is done with our money, so I use to read some books that you probably know or maybe is just a matter of time you probably read, I recommend you the following books:

  • RICH DAD POOR DAD
  • WHO TOOK MY MONEY
  • CASHFLOW QUADRANT
  • SECRETS OF THE MILLIONAIRE MIND: MASTERING THE INNER GAME OF WEALTH

I prefer to remain in my idealistic world where users add value to projects by non centralized governmental way, so I'm gonna show where I did my pensions plan.

Lina is first compatible cross-chain , a unique place to trade and manage synthetic assets due its protocol,so that allow us to trade in its derivatives market. It's a matter of time before lina manages to be in the top 20 of cryptocurrencies with that high volume that will end up moving.

First of all I would like to take a look to tokeconomics and looked plan

  • Total Initial Supply: 10,000,000,000
  • Initial Liquid Tokens: 257,666,666

The highest distribution percentage is for stakers, but they can't sell until 6 month is reached, and the other 60% side is unlocked for 60 months (5 years) , so you can appreciate what is total locked on each parcel.

MY PENSION PLAN IS READY

I started staking 25k then 50k and in these moment almost 100k tokens, I'm so excited getting high rewards every week ;)

IMPORTANT DAILY TASK -TAKE CONTROL OF YOUR PLEDGE RATIO-

When you stake Lina,you build lusd as collateral so you have a debt that you need to cover on if you want get your golden rewards. Next question is, how do I know if i'm in the good way? So, on your back office you'll find a pledge ratio that should be at 500 or upper, otherwise you can get liquidated if the pledge ratio turns to "0" what isn't so expectedly...

HOW DOES WE CALCULATE PLEDGE RATIO?

Every staker is subject to keep its p.ratio over 500% so we do next formula;

BUUUT HERE IS NOT THE END

As a continue growing ecosystem , devs just added vaults where you can already stake lusd to continue increasing your lina/lusd or busd rewards, that is amazing!

An image is more valued than thousand words (spanish saying haha)

LET'S RECAPITULATE MY PENSION PLAN STAKING 100 K $LINA

1 I stake 100k $LINA , build 20% in collateral 2 Then i stake my 20% collateral in vault 3 Compounding and retiring ;)

ANNUAL YIELD

LINA REWARDS: 100k $LINA · 0,7087= 70.870 LINA
LUSD REWARDS: 3608$ (NET WORTH) · 0,0488= 176~ LUSD
VAULT REWARDS: 720$ (20% COLLATERAL) · 0.2157= 155 LUSD

Have you built yet your own pension plan? Let me just know in the comments ^^

Posted Using LeoFinance Beta