Asset Prices and Keep Update
hive-169191·@azircon·
0.000 HBDAsset Prices and Keep Update
# Asset Bubble If you are farming Praetoria, you must have seen that your earning is declining a bit. This is due to falling asset prices, and that is due to high supply and low demand for the assets. Below is the production allocation of all producible items in Praetoria. If I just focus on the natural resources, we can see below that the three new natural resources Wood, Stone and Iron, we have very similar amount of boosted PP deployed in general. Remember, that is a direct measure of production.    Grain off course is the main consumable, and easiest to produce in terms of production difficult. So we still produce a lot of it, and have about 24% of the total boosted PP deployed on grain plots. While Wood, Stone and Iron show 13%, 14%, and 15% PP deployed on them respectively. We currently produce about 123M Grain everyday but consume 125M Grain. That leads to a 2M deficit, which is good. Over the years we have stashed about 7 Billion in Grain surplus. So 2M grain deficit daily is NOTHING! That will take 9.5 years to burn through the surplus! That is a LONG time. Even if we run a deficit of 10M grain/day on average (this is a very optimistic projection), it will still take about 2 years to burn through the grain stash. We also have beginning to create a surplus of Wood, Stone and Iron. They have a surplus stash of 296M, 101M, 32M respectively. Now, the resources that are in the pool are not added. We can manually add that:  So the net surplus becomes: |Resource| Acc. Holding (Millions)| Pool Holding (Millions)| Total| |-|-|-|-| |Grain|7,002|3,424|10,426| |Wood|296|260|556| |Stone|101|96|197| |Iron|32|37|69| Notice: We are holding similar quantities of Wood, Stone and Iron in the pools, but holding more grain individually. This is because: - Grain is very cheap, and doesn't generate any meaningful revenue in pool - If prices rally, holding resources in the pool will always underperform holding resources outright - People have long speculated grain to move up in price By the way, that last speculation didn't work out in the short term. I always say one thing about the long term speculation : _in the long term, we are all dead_ Also, let us re-visit that _potential_ daily grain deficit again. Even if we manage to do 10M Grain/day deficit (currently we are at 2M, but we have been to 6 in the past), it will still take us 10426/10 = 1042 days = 2.8 years to reach parity!  # KEEP @beaker007 is doing an update on how Castle and Keep should be valued. In order to do that we must accurately investigate how each Keep and Castle perform in terms of earning. This is not an easy task, and obviously there is currently no in-game of 3rd party tool that allows users to investigate that. In order to help bearker, the first thing I did was took a basic screenshot of my keeps/castle:    Although this gives a visual of relative performance of the keeps with respect to each other, it doesn't have a time stamp. So he asked me to do the following: - harvest a region - harvest a keep - wait for a defined amount of time (preferable 1hr) - harvest that region - make a screenshot of that keep how full it is with the resource  At 10:00 CST 6/27/20025 I did a regional harvest. It was about 13 hours worth of production. I also harvested all the keeps and the castle Now all my keeps should be empty, and I double-check that they are: #### PR-PNW-010-01-051  Now I will check and harvest exactly at 11 am.  #### PR-PNW-010-01-051   # All Keeps and Castle after 1 hour I think I have done the timing accurately:    This is a massive amount of precision copy-paste folks!! I need a break!  https://media.giphy.com/media/v1.Y2lkPTc5MGI3NjExaDBldXhqODk4emZrcnNsMWFkZWhwbnc0OHI3OGxjcTdrdnJsc2hzeSZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/35pTQFiy14OeA/giphy.gif https://files.peakd.com/file/peakd-hive/zord189/Zcxlm2md-azircon.gif
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