Post
Topic
Board Announcements (Altcoins)
Re: [ANN][POW][CLO] Callisto Network
by
revenanTts
on 12/07/2018, 13:24:48 UTC
When it is planned to conduct a hard fork Cold staking. Can someone give me the exact information?

The planned Callisto hardfork No. 1 (11 November 2018) enables the cold staking protocol. 10% of the total volume of CLO emissions for the entire time of the initial stage of launch will be deposited into the staking contract. This allows early cold stakers to receive an initial reward as if they were staking during the initial stage.

The First Stake offers the highest reward for the earliest stakers.
The amount of staking reward will decrease with time to the normal staking reward amount of 20% of treasury pool.

Total treasury fee at this stage is 30% which includes:

● Development funding: 10%
● Cold staking allocation: 20%