Proof of Stake is based on time held and number held. For this coin, it's five days. For TEK, it's thirty, For HYP, 8.8, etc. It's a method of incentive.

Nice to see y'all trying to revive this. It was a cool project when it started. I was one of the guys who mined it on day one My rig wasn't much and I didn't get much, but it was fun. Thought it was dead and done years ago, but I see several of you stepping in. Best of luck to you.