Post
Topic
Board Announcements (Altcoins)
Re: 🚀 [ANN] ColossusCoinXT COLX - Coin Swap - Fair Launch, no ICO/ IPO! 🚀 Released
by
Shamanisme
on 08/02/2018, 18:40:01 UTC
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.

Please make sure you post any information you find on here aswell. Little things like this really makes me happy, people who are helping eachother instead of copy paste lambo shit. I love the colx com. <3