Re: STRONGHANDS - Community Take Over

currently a vote is in progress to shape the final rewards for SHND,

In the quest to reduce inflation, we propose to reduce the staking rewards.

after a hard fork first we will maintain present rewards of 1200% per annum for 3 months,
then reduce rewards to 600% for 2 months,
then reduce again to 300% for another 1 month,

after this period we propose to convert to a static reward, this will cap inflation to a maximum annual limit.

these numbers are the proposed individual block reward for each block generated through PoS and PoW, also shown is the projected annual growth in coinsupply

@everyone Vote for the following proposed block reward. Please only vote once. Doing this here so you guys wont have a hard time opening another link to vote. Just react to the appropriate emoji.

:one: 2 million coins /block (~420billion /year),
:two: 1 million coins /block (~210billion/year),
:three: 500 k coins /block (~105 billion/yr),
:four: 250 k coins /block (~53 billion/year),
:five: 100 k coins /block (~21 billion /year),
:six: 50k coins /block (~10.5 billion/year).

discord link : https://discord.gg/e8ka8UA
channel : #pos-ideas

Sir Bumba.
Even so we will still have a huge number of StrongHands on the market.
Please see how B3 coin solved this problem, smartly, in my opinion.
Thank you.

Okay I apologize but I like to understand correctly.
So 1200% each month? Or ?
And for this, do I have to keep my coins in the wallet ?

1200% per annum for 3 months -> 100% per month, will last 3 months.
600% per annum for 2 months -> 50% per month, will last 2 months.
300% per annum for 1 months -> 25% per month, will last 1 month.

And yes, you must keep your coins in the wallet - though there are some exchanges that reward PoS (coinsmarkets, if I remember well) and there are also PoS pools (use at your own risk).