Quote from: Booted1543 on December 28, 2017, 06:06:55 PM

Quote from: FineCloakWeather on December 28, 2017, 06:02:01 PM

Quote from: therealwafdawg on December 28, 2017, 05:25:00 PM

Quote from: Booted1543 on December 28, 2017, 05:10:32 PM

I'm also interested in staking. Will the amount of interest I get be different if I stake once a day, once a week, or once a month; or will I get the interest caught up once I start staking again?

Also, is it 6% a year or 6% per time you get interest?

Annual rate

Yes the amount of cloak you receive is 6% of mature coin wallet balance per year.
Your network weight determines the amount of time required to receive reward.
Your network weight is the percentage of total cloak in existence you own.
You don't need to mint all the time, just the time that is specified by "time to earn reward".
If you have a very large balance it may only be hours, very small balance could be a month.

You can mint as often as you want to earn a reward but it will always be 6% a year.

How do I figure out my time I need to mint? I have about 10 CLOAK atm but that changes often.

Look at the bottom of your desktop wallet, there are 6 icons, hover your mouse over the cloak symbol and it will tell you.
If you just deposited cloak it takes a little time before you can start minting, it may say no mature coins.