no that can't be right. it has to earn interest like a 12 month term deposit.
it does - just like any other hodl'd coins.
So technically instead of a receiving a reward of a block of 50 you'd end up with approximately 900 (in 12 months) once we reach block 8600? I'm basing this on putting a block of 50 into a 12 month yesterday and it equated to 931 at maturity. Obviously this will go down as the interest goes down.
Can we get confirmation this is how it will work?