We made it everyone! We are SIM CLUB members as a cartel, we are raking in the rewards, we have over 1 million SIM POWER:
Now our Cartel-dCity account can reap the benefits of completing our roadmap item of becoming a part of the SIM Club, including participating in the daily raffle and daily student claim.
The way we underwent this strategy was to sell off some of the extra population buildings we had on the account, and some of the overpriced first editions. In the meantime, I also loaned 800k SIM of my personal funds to the account, to make the SIM POWER grow faster, and enter the 100 days of Raffle as soon as possible.
Currently the account has returned 700k to me, and still owes me 100k, and has 1'040,334.7 SIM liquid at the time of writing.
Along with @dadspardan, my new handler, we considered a secondary operator to do the student claim as well as the daily entry into the raffle. There are some big, big prizes in the raffle, including a 13,000 USD Splinterlands card on the last day - so we are definitely going to want to be involved in that and I am already claiming on my own, personal account.
Luckily, Master @flauwy decided to step in and do the deeds for us each day, I think it was the Yodin that convinced him!
Just talking about the student claim, we don't have all the combines, but we do have a really good chance to get a student each day based on our well-rounded city. A student is worth 1500 sim or 0.585 HIVE on the market right now, and they give us a tax rebate each day (or 365 SIM per year). Students turn into Students (debt), and can turn into even better cards such as Soldiers, Policeman and Lawyer, but also have a chance to turn into a card without a tax rebate - like a Homeless.
I did some napkin math and just the student claim alone could be giving us as much as a 10% apr boost to this whole account, assuming:
- We have successful claims on 85% of days - that comes from bad luck with the card selection of a few rare cards we do not have yet, or natural impossibility to claim each day as you start falling behind on the claims over time.
- Students are worth 1500 sim all year round
and - Our estimated city value (3'370,000) is representative today of the actual (extractable) value. To this I added 1'040,000 of our liquid SIM for a total account value of 4'410,000.
While we have our city value estimated, we can take a look at how much we are pulling in terms of HIVE and SIM daily from the other main avenues of income.
In terms of HIVE, it seems we are getting a lot more income from the SIM Power than ranking rewards! Our best performing rank is INCOME, so getting more students will definitely help us continue to compete for INCOME ranking with these high taxes. Other than that, our ranking rewards are pretty insignificant.
And how about our daily SIM income? We earned as much as 1090 SIM per day, and now we are down to 523 SIM per day during the very last snapshot pay period. 0.2 - 0.4 HIVE per day is not so bad, and added with ranking rewards still has trouble competing with holding rewards on just 1/3 the amount of liquid SIM.
Maybe we should keep liquidating?
Let me know what you, CARTEL member, think in the comments, because our next choices are either to sell off Education cards while (I think) they are expensive, or unlock the Economy Tech tree to give us a chance to mine "Advanced Management", the hot tech needed to combine into the new DataCenters (visible on the Network Tab).
Our quest continues! Wish us luck in the raffle - I will try to do these specific CARTEL update once a month, but consider all my dCity posts somewhat related to my job as operator here for you all! Follow along if you want to learn :)