Post
Topic
Board Tokens (Altcoins)
Re: 🚀[ANN][PoSToken]World's First PoS Smart Contract Token[3rd ROUND AIRDROP Ended]
by
seyola89
on 30/10/2017, 05:37:03 UTC
I have a question about staking with the mint() function. When I generate the transaction using the contract 0xee609fe292128cad03b786dbb9bc2634ccdbe7fc I get few POS tokens but I also have to pay Tx fee. I used to think mint() function doesn't charge you fees but today I saw that I had to pay 0.00213838 Ether ($0.63).

So my question is: Is there a way to stake POSToken without paying those transaction fees that you get charged by mint function. I am used to classic wallet staking (for example DeepOnion coin, Gopnik coin...) where you just leave your wallet running and you receive interests for staking and you don't need to pay any transaction fees. I think this way of staking is better than mint staking.
Maybe I just need to wait more time and generate that mint function only once per month so I will not pay fees so often.

Firstly, always check calculator.postoken.org to check your amount of mined coins that you can claim.
Minting is not as expensive as you say. I use only 3 cents to mint by setting gas price in MEW to 1 gwei.
Infact I discovered a new thing has been added to MEW. You can now even set gas price to as low as 0.1 gwei!! I was surprised when I saw it. I guess this means we can now mint for less than 2 cents txn fees!!

Are there rewards for buying tokens? How do you earn the reward for buying? I have not read anything about it.

https://bitcointalk.org/index.php?topic=2110712.msg23578056#msg23578056