Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure
by
CryptoXMan
on 22/01/2018, 22:41:45 UTC
Quote from: magsrevs on January 22, 2018, 10:37:50 PM
Quote from: CryptoXMan on January 22, 2018, 10:31:30 PM
Quote from: magsrevs on January 22, 2018, 10:23:41 PM
Could someone please confirm the benefits of holding BLOCK? Once the Block Dex is launched, by either owning a masternode (1k coins, correct?) or by staking whatever Block you own, you get a cut of the fees. Is that correct? Thanks.

Yes, you get a cut of fees when you hold block.    One block is generated every min and node (needs 5000 block) get 70% while staking gets 30%.      Both have great ROI.   Staking currently is around 11-13% while node gets around 17-18%. 

Great, thanks. And is that percentage per annum, or a different timeframe?

That always depends on the # of nodes (the more nodes there is, the less people staking), and the # of coins being staked.    If you are a staker and the # of people staking is down, then staking ROI will go up and vice versa.   That % that I mentioned above is annual %.   Don't forget the fees though.   That's the wildcard here, the amount could become huge over time if the DEX takes off.  You should really join the Rocketchat to get even more details.    It's a great community with a lot of knowledgeable people without moon talk like every communities out there.

https://rocket.blocknet.co:8443