Post
Topic
Board Tokens (Altcoins)
Re: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Luanched]
by
seyola89
on 16/01/2018, 10:12:48 UTC
how is it going guys
staking is still profitable or it has to be huge stack to get few new pos minted?
for comparsion, i minted with 30 pos whole 1 pos after 10 days but it was more than month ago (and paid only 5 cents for ETH fee)
how is it now?

secondly was going to purchase pos again but lost 20$ with EtherDelta
anybody here using Mercatox and can confirm that it is safe to deal in there?

Thanks



The staking mechanism of POS will always be the same everytime so far the smartcontract is not dead or edited which I don't think is possible. Unlike conventional staking, your stake is not affected by network weight or so. A standard formular primarily governs the staking. The more POS you have, the more specific amount of staked POS you get for a certain period of time.

What actually determines the profitability of your staked POS is the price on trading exchanges.