Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
atm staking annual interest rate is 53% (which is basically what you get on JD - turns out the gambling losses don't add up to much i guess)
lending money to shorters on polo has an annual interest rate of 300% (.2999%/day)
lending money to shorters on polo has an annual interest rate of 300% (.2999%/day)
Lending does seem to pay better than staking at the moment. Advertising that fact here will change that quickly as more people enter the lending market pushing interest rates down as they undercut each other. A week ago the interest rate was 0.8%, and now it's 0.3% already after curious' big dumps transferred CLAMs to people willing to lend them out.
Is the CLAM digging over? I see that the price has stabilized above 0.002 and it looks that CLAM is consolidating its position for the next uptrend.
Here's a chart of digging over time. It has been very flat since curious stopped digging.
It's not "over", in that it is still allowed. But it does appear to be "over" for now, in that nobody seems to be digging much right now.
