At the moment of typing this, total Masternodes is at: 202!
So approximately 20% of circulating coins are locked in MNs. Would a higher % be beneficial to the coin?
If im not mistaken and please correct me if I am, but im at work right now, so I cannot investigate this further.
DASH's masternodes currently holds 60-ish% of the total DASH-supply. For PIVX the masternode rate is 38-ish% and total staking rate 62.5%.
The SeeSaw algorithm is designed to keep PIVX masternodes at around 41.5% rate, so it seems to be working pretty fine.
COLX, just like PIVX uses the same Seesaw-algorithm. I can try and dig in abit further when I got the time.
The Seesaw algorithm is what determines how profitable it will be to either host a masternode or stake. I'm quite curious aswell now.