Re: ★[ANN] [NAV] NAV COIN - NAVTECH NOW DECENTRALIZED!

Quote from: vickigoh on October 18, 2017, 12:20:55 PM

Hi,

Is this coin a POS coin? I knew that is 5% interest per year so what is the reward per block??

Or if let say i got 10k coin = 10,000 x 5% = 500 coins per year so mean 500/365 and i will get 1.369863 daily??? if not maybe someone can share with me how does this coin work as POS.

Thank you
Vicki

Hello Vicki!

This is indeed a Proof of Stake coin. Bocyaj wrote an in-depth guide about NAV Coin PoS: https://steemit.com/bitcoin/@juguelio/nav-coin-navpi-stakebox-unit-giveaway-get-a-free-raspberry-pi-with-nav-coin-image-pre-installed-pos-mining

On my website you can find a staking calculator to calculate when staking is profitable for you for example: https://navtechservers.com/navtech-tools/staking-calculator/

You will indeed earn 1.369863 daily on average! So don't focus too much on daily returns but rather look at a longer period.