Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [OXYCOIN] THE EASIEST WAY TO BUY CRYPTOCURRENCIES WITH FIAT
by
pigheadbig
on 27/01/2018, 00:57:02 UTC
forging? is this coin Proof of Stake? If so what are the block rewards and how many coins do you need to stake daily?

OXY is Delegated Proof of Stake. DPoS.

You vote for 51 delegates, your wallet size (weight) is your vote. The top 201 voted delegates forge OXY at about 144 OXY per day and most share a % of that with their voters. Shared percentages vary up to 100% when delegates have promos. Your portion of that depends the total OXY in your wallet as a % of total votes for that delegate and the % the delegate shares.

Visit the OXY Reddit for a voting guide, links to calculators to help estimate rewards, and other info.
https://www.reddit.com/r/oxycoin/




Thank you for your information, I am interested in the DPOs mechanism, which is very successful in the Lisk project. The delegates lock a lot of coins, which makes the price to be grow easily.