Ninjastic
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Board Announcements (Altcoins)
Re: Minexcoin - A new era of payments
by
TeMHuK
on 08/06/2018, 21:02:24 UTC
Quote from: bahb00b on June 08, 2018, 06:21:28 PM
Quote from: loughlin on June 08, 2018, 11:33:19 AM
Quote from: fabcl on June 08, 2018, 09:56:23 AM
--snip

27% for a value that has been divided by 4 in 3 months, you still loose a lot of money and parking rates didn't move a single time in almost a month now. It's perfectly normal that some people complain.


as far as I understood, MNX parking rate is now final, there will be no special shifts.
70% yearly is planned rate. if you calculate all the others you will find the same rate.



27% Quarterly x 4 = 108% yearly + Quarterly compounding.
Reminds me of BitConnect.... HEY-HEY-HEY!
MNX is completely different project. Bitconect was ponzy. MNX have bank and that bank gets 20% fee from mining. At the moment it is 0.5MNX per block. and from that fees is payd reward for the people who park coins. But parking percents will be lowered after some time. It's like a bonus for early birds now.