Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CASH] Get your Crypto CASH now! Utilizing Moore's Law (Traded on OpenEX)
by
Nullu
on 02/02/2014, 16:15:20 UTC
How is 10% pos minting going to influence price? It's a bit steep?

Not really. That's an annual rate, and when it comes into place the coin becomes pure PoS, so you'll only buy able to buy it. There's a ceiling on how many maximum coins there can be, and also;

Quote
Its Proof of Stake you get interest for holding the coin initial minting interest is 10% but as more coins are minted and more wallets holding it will decrease variably based on PoS difficulty.