Re: [PRE-ANN] [ICO] [WGR] | Wagerr | The Betting Blockchain | Bounties
Ayyyy there we go. Reading it now
EDIT: thanks for getting the whitepaper up... What I dont see is the POS staking rate? Can you share a little bit about that?
1% of the total issuance per year as a fixed block reward. This translates to a decent APR individually since not all the network will stake 24/7.
Reason we didn't include this info is because it is not a critical number for us, but we will make sure to include it in the next update. Interestingly, it is also one of the parameters Oracles will likely vote on keeping or changing every year.
It will be interesting to see where the market finds equilibrium with this inflation rate combined with the destruction of 48% of betting fees.
Great, thank you for the prompt response. Reading through the white paper has definitely pushed more of my interest towards the project. I guess it doesnt really matter how you developed the algorithms for the value coupling and deflationary systems but I am assuming I will be able to review them once the open source code gets pushed to github?
I look forward to participating in the ICO tomorrow. If ETH price keeps rising the ICO will sell out pretty damn fast I am assuming haha