About

A little about me. My name is Vincent I am a software developer living in New York, NY. I built this software myself with the help of a great community that has sprung up in a discord I created as a means to help support users of the service. They have inspired several ideas that I have implemented, and I am truly grateful for their time and patience helping me test and build this service. I intend to run it as long as I can afford to do so. If my situation ever changes or I need to move on from the site I will do the following. First I will try to find someone within the community willing to take it on and drive things forward. Finally, if I fail to find someone then I will write one last script to automate the returning of the remaining funds to those that signed up.

I got into Algorand shortly after first reading about it on on Coinbase, here was a coin that was fairly stable, and the staking rewards were better than any savings account I was ever going to find. I have never been an active trader in stocks or coins, my philosophy has always been to buy and hold. Algorand felt like a match for my personal philosophy. Over the course of about a year I slowly added to my holdings and watched the staking rewards come into my account. Recently, my interest was piqued again when I found r/algorand and started watching posts going by about staking rewards and how to optimize them. In particular people were always talking about hand calculating their optimal frequency and then going through all kinds of hoops to remembers to send their 0Algo transactions. Reading that common refrain really made me think there had to be an easier way.

To that end, I figured I would build something for myself to start with and if it was doable then I would make it available to others. Having found some sources on-line for computing the optimal compounding I was able to then put together a program that used data on the block chain to get information like my wallet balance and my last transactions and using that information I could then create the 0Algo transactions at the interval I calculated. With access to the block chain data I could make my calculations adapt as balances changed overtime and other transactions occurred eliminating unneeded transfers.

From this I bought the domain and started building the website. Initially, I required people to create and account. Watching peoples reactions to that requirement and further research into what data was available on-line it made me realize this requirement was un-necessary and so I reworked things to no longer require a signup. This allowed people to maintain their anonymity and to still participate in a beneficial service.