Re: [ANN] HYPER ~ Game Currency ~ Twitch.tv ~ CSGO, Poker, RPG, Space, More! ~5% PoS
Hey Hyper team! 
I just downloaded the newest wallet and it is already saying that the checkpoint is too old. Did I do something wrong? Thanks and keep up the great work. I love that Hyper is a gaming currency. Real world application is always good.
I just downloaded the newest wallet and it is already saying that the checkpoint is too old. Did I do something wrong? Thanks and keep up the great work. I love that Hyper is a gaming currency. Real world application is always good.Thanks for the kind words!
No there is nothing at all wrong - it is just something built into the code because HYPER is almost a year old. I will get it fixed with the next wallet update. The network and your wallet are 100% fine!
So. How does staking with HYPER work?
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Those are super trippy logos you have there. I LOVE it. hahaha
hi sir
how much minimum balance to POS ?
and how long balance stay in wallet to POS ?
how much minimum balance to POS ?
and how long balance stay in wallet to POS ?
Here is a quick explanation of HYPER staking.
There is no minimum balance and coins will begin staking after they have been in your wallet for over 24 hours and as long as your wallet is unlocked (this is much faster than many other coins). You will ALWAYS get your 5% per month. If you have more coins (say 10 000 or more) your wallet will stake more often, as larger amounts have a higher network weight and have a higher chance of staking.
But you will always get your 5% per month in the end.
You do not need to keep your wallet open the whole time. You can for example open your wallet 3 days after sending coins to your wallet, and you should start staking very fast, as 3 days is much longer than 24 hours. The longer past 24 hours they have been in the wallet the more chance you have of staking. If you have a small amount (under 5000) it may take longer than 24 hours to start staking but you wil always get your 5% monthly in the end.
Hope that clears it up!
Does HYPER do the earning cap on staking, though? Most coins will take the monthly % and cap out at that, such that:
If you staked 100 coins after 30d, you'd get 5 coins
If you staked 100 coins after 80d, you'd get 5 coins
If you staked 100 coins after 10 years, you'd get 5 coins
Does HYPER not do this?
it is 5% compounded monthly interest so it will be
100 coins after 30 days you will have 105
105 coins after 30 days you will have 110.25
110.25 after 30 days you will have 115.76
every month you get 5 percent interest add it get another 5 percent so on so forth
Correct. In addition to this, the coins you earn by staking should stake themselves after 24 hours in turn actually increasing the 5% gained per month from your original balance if you were to have your wallet running all of the time instead of just periods. HYPERfuture would have to confirm this though as I can't stand by this 100%.