Post
Topic
Board Announcements (Altcoins)
Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
Penn.3D
on 07/08/2015, 01:48:22 UTC
What's the stakerate everybody?

The stake rate is 1% annual interest. If you don't sell your stake for a year the compound interest equates to 1.01005% a year.

Feel free to check my math. http://www.wikihow.com/Calculate-Compound-Interest

Thank you. I did transfer some coins to another address, since they were locked. I suppose the year will start from the moment i transferred them or is the official date (4 months ago) used?

There is no "start date." You figure out what you would get in a year and divide that by 365 and that's how many coins you will get per day.