Post
Topic
Board Announcements (Altcoins)
Re: 📌[ANN][SAGA][NO ICO][Masternode 90%] SagaCoin | PoW + PoS ⚡
by
saga-crypto
on 12/12/2017, 05:27:07 UTC
saga-crypto
masternodes.online showing us Paid rewards for masternodes:   6,348.0629 SAGA
but after your calculation it must be more than 10900 coins.
what is wrong?

6,348.0629 = 6348.0629 now it makes sense, doesn't it? If you divide it by 66 (number of MNs) you get around 96 which is exactly what we should get daily with current ROI,


u looking on the wrong numbers.
u have to look on the 10900 cause thats what we have to get daily and not 6348, but MN.online shows us exactly that

2215000 current supply * 200% stack * 90% MN reward / 365 days = 10923 coins (and not 6348)

Thanks for pointing it out @ice2090, you're right on this estimation formula, but I don't know if you joined MN on the first day. First day's paid rewards for masternodes = 20K+ SAGA. So, why is it more than our estimation?

The reason is because we pause our premine staking due to small bug caused by masternode payment started earlier than expected previously (you can read the announcement here - https://bitcointalk.org/index.php?topic=2518157.msg25883303#msg25883303). So, it staked a lot (200% more than estimated) on the 8 Dec, but it is lesser than estimated now. Actually someone brought up this issue to us too, and after our team discussion a few hours ago, we concluded that most probably because the PoS formula is performing correction slowly. Let's us observe it a few more days  Wink