Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SMAC - Social Media Advertising, Digital Asset, Crowdfunding NOW live!
by
boxxa
on 19/02/2015, 14:30:22 UTC
Dev, can you please explain the math to me on this POS of yours?

PoS Variable Interest (from last PoW block):
Month 1: 365% Interest (< 30 block days)
Month 2: 100% Interest (31-60 block days)
Month 3: 25% Interest (61 - 90 block days)

If I buy 1000 coins, how many will I have after the third month?

rough estimate your coins are ages and you stake all the time

1000 start
1300 after month 1
1400 after month 2
1420 after month 3

Can look at daily compounded interest calculators for rough estimates but remember PoS is based on coin age so it's not exact.