Post
Topic
Board Announcements (Altcoins)
Re: [ANN]★CryptoBridge★BCO★🔹Decentralized EXchange 📈RELEASED NOW BETA🔹
by
madarkieus
on 18/12/2017, 18:45:31 UTC
Am I reading this right that it costs 21 BCO just to open a staking position??  That's $30!  Are the rewards worth that kind of fee if you have less than 10k coins?

Yeah it is quite a hurdle. I did the math after the first day. 1 million $ traffic daily and like 5 million bco are staked. My share would have been 1000 bco (staking for a year with 100% bonus). In my calculation I needed 1 quarter of a year to get just the fee back.

So if you stake with 10k you should be fine. Furthermore you just have to hope that the volume gains track massively, then everything is possible.