Hi all,
I just discovered this coin and think it`s amazing! Could you explain how it works with the 7% interest? Do I need to do anything or just need to have the coins in my wallet? I know from currencies like Peercoin, that you need to have your PC switched on all the time and "mint", is that necessary here as well?
Hi HaeckiPeteng,
Thanks for sharing you excitement!
The 7% interest is annual, important to note. You only need to hold your EverGreenCoin in an unlocked and fully synced wallet, yes. Just like Peercoin, yes. "Mint" is synonymous with "stake". You do not need to have your PC on all the time, no. But do so at least once per month. More often will increase the frequency of installments towards your 7% annual, but they will be smaller in amount, always totaling 7% annual. Staking does help the network and that help is appreciated.
We have more information at
https://evergreencoin.org/faq/ , should that be helpful.
Welcome to EverGreenCoin!