Hello CoinAwesome people - could you please clarify something about the specs for this coin?
100% PoS - No Mining
0% Inflation - no new coins get created
If it's 100% PoS, but no new coins get created, then how does it stake and move the blockchain?
If you open your wallet and stake, does it generate 0 AWE as reward? If that's the case then is there basically no incentive to help move the blockchain?
The reward is only the transaction fees (incentive). Most people don't invest into a coin because of a couple percent stake reward anyways.