Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
I have 2 questions.
1. How much KMD do i need on an address to get an interest of 1 per day?
2. What is the lastest period i need to make transactions on the address to get interest?
1. How much KMD do i need on an address to get an interest of 1 per day?
2. What is the lastest period i need to make transactions on the address to get interest?
https://supernet.org/en/resources/articles/receive-free-coins-quaranteed-kmd-interest
Good link. It should probably be on the OP or official website.
That document says : You don't have to go online to acquire the interest, or keep any wallet open. However, if you buried your seed into the ground, you would have to dig it up and send them to a new address once a year.
So, do I really need to send it to a different address or can I send it to the sending address? Compound interest sounds nice.
That is good question. if anyone can help, that would be great. thankyou
P.S. so according to 5% interest yearly.. we would need around 8000 KMD to earn 1 KMD a day. that with the current rate is $16000+ omgsh.. i dont have that kind of money xD
yes the number is somewhere between 7400 and 7500 KMD to receive 1KMD per day.
I suggest you send a transaction to your self once in a while (https://steemit.com/wallet/@alberm/agama-wallet-komodo-kmd-interest)
because than you will also receive 5% APR on the new coins.