Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Signatum - New Algorithm - Fair Launch - No Premine - Cryptopia
by
AlanSmithee
on 14/08/2017, 08:26:16 UTC
Hello, friends! Can someone explain me, please, how much coins its needed to have for POS stage? I read the whitepaper and didn't find the info about this.

the whitepaper pretty much tells you all you need to know:

Quote
Once the available 100,000 PoW blocks have been mined, Signatum will transition into a full PoS coin.  
Users staking coins through their local wallet will receive a 5% APR with payouts based on the number of coins staked in the wallet.
As an example, if a user stakes 1,000 coins through the wallet, they would receive 50 extra coins in a year ((1,000 x 1.05) - 1,000).
The staking APR is paid out every 5 minutes and coins generated during the PoS phase will be fully mature after 50 confirmations - after which the coins are fully transferrable.