Idea: Add a Network Equity percentage field to the NuShares wallet

NuShares
#1

Example of the NuShares wallet with this field included, assuming an 800,000,000 NSR total supply:

Wallet

Network Equity: 0.375%

Balance: 3,000,000.00 NSR

Stake: 0.00 NSR

Unconfirmed: 0.00 NSR

Number of Transactions: 5

The Network Equity field would update in real-time as the NSR supply adjusts. It would be calculated as (Shareholder NSR balance / Total NSR supply). The Network Equity percentage would increase in the client after NSR are burned during a share buyback, as long as the shareholder didn’t sell their NSR that week. In this way, shareholders could immediately see the financial benefit they’ve accrued after a share buyback. A shareholder would also see their network equity gradually increase if they continually mint, assuming less than 100% minting participation rate across the network.

Network Equity would be an accurate indicator of the control and influence a shareholder has within the Nu network, and might incentivize more people to purchase NSR and mint with them.

8 Likes
#2

I like it. If a shareholder is also not minting, a dwindling equity percentage could possibly motivate them to start minting.

3 Likes
#3

I love it. I might even be able to try and code this myself :slight_smile:

2 Likes
#4

Definitely a nice idea. That dopamine rush every time you see the percentage increase due to buybacks :yum:

2 Likes
#5

I can imagine a simple graph :chart_with_upwards_trend: at the bottom left corner visualising this equity through any period of time, that may have the power of notifications and achievements psychological incintives.

2 Likes
#6

In order to add more visual elements like graphs, wouldn’t we first need to upgrade the Nu client to use Qt 5? We’re currently running Nu on Qt 4. I believe Qt 5 would give us more visual possibilities.

http://doc.qt.io/qt-5/qt5-intro.html