Quick Question for when I start to hoard my cash coins.

The way I understand it now is there is no POS setup yet?  I went to set it up according to the instructions of other coins and for example I see no deamon folder etc.

My assumption is that POS is not currently implemented?  If I am right do we have any time frame or criteria for when it would be?  I love the ideas of Cash coin like destruction of coins.. etc..

I just would like to know when POS starts because I think that is a big part of any coin holding value to discourage the quick miners that dump fast and move on...

Thanks in advance.