Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PoS][TOKC] TokyoCoin - New PoS Algorithm | FREE Airdrops
by
Wicard
on 01/11/2017, 12:33:15 UTC
Well the 200% ROI is not what I get,
200 % / 365 = 0.547% per day,
I had an input for 5662.1170833 since 2017/10/28  02:35:00 that is 4.29 days on my calculator, my stake calculation showed I should have gotten +-133 and I only received 66.3997345,
not good.

so why would this be happening if they said 200% per year.



According to http://tokyoexplorer.ga there are 189,728,685 tokens right now  with proof of stake at 200% yearly  we will be running out of the 800M supply within a year and a halve. 200% will absolutely not sustainable if we got it right now

But you calculation is a bit off..  200 / 365 = indeed 0.547... But you forget the compound interest...  when stack rises you get staking awards also over the tokens you have recieved. 

I do understand , and if the DEV + team can get a use for the coin and there can be a burned quantity,

Also the calculation Spreadsheet I use , I use for all my POS coins and on all the other POS coins it's like very accurate on what stake you can get. Thus I said that this coin does not give me the 200 % per year.. but all is fine, I will see on the next stake value to see if it's consistent.

how ever I staked more often with the airdrop value than the 35K I bought, have not gotten a stake on any of the new added amounts.