If you have been involved with STEEM over the last year or so you likely have come across several defi projects.
Projects like UPVU, TIPU, and Peanut/Nutbox have all existed for the better part of a year and for the most part offered very good returns.
Up until about a month ago UPVU offered the best returns on STEEM, and prior to that it was Peanut/Nutbox, but now there's a new kid on the block...
Robinia!
So, what are the specs?!
Robinia currently offers about 70% total APY which includes an upvote worth roughly 15x your upvote value plus they pay out their RBS token on top.
The RBS token is currently yielding about 20%.
With the large upvote and the RBS earnings, the total return comes in at around 70%.
This is far and away the highest returns in all of STEEM Defi.
However, this might be about to get even better...
(Source: https://pancakeswap.finance/swap?outputCurrency=0x50d809c74e0b8e49e7b4c65bb3109abe3ff4c1c1)
As the price of RBS climbs, the returns on the RBS portion of your earnings will go up.
For example. all things equal if RBS goes from $.20 to $.40 then your APY goes from 20% to 40% just on the RBS portion of your earnings.
With the changes coming to Robinia over the coming days as well as the increase in buy and burns I fully expect that the token price is going to continue to appreciate.
While I don't like to put out predictions, just doing some napkin math and I would not be surprised to see the token price at least double from here, if more SP delegations keep rolling in potentially a lot higher than that...
My conservative estimate is for the token to hit $1 over the next couple months with everything coming down the pipeline...
If you want to delegate to the fastest growing Defi Project on STEEM, here you go: