Post
Topic
Board Announcements (Altcoins)
Re: [ANN] | SUQA | New X22i Algo | SWIFFTX | No ICO | No Pre-mine | %5 Apr Interest
by
greed098
on 20/04/2019, 14:48:39 UTC
can someone from the team can clarify how sin node work? i was reading the medium and not 100% sure what happens after its locked in. if i used my coins for a node it was mentioned that it is automatically burnt and removed from circulation and a minimum of 22% interest is earned in 12 months. Does it mean that after 12 months your only getting the interest of and not getting back your original amount of coins whether its 100k, 500k or 1mil to start a node?
If the hardcap of 540 million coins is full then you will get your initial coins back whether its 100k, 500k, 1mil plus minumum 22% from Little SIN node in 12 months but if the hardcap is full then there will be very little coins in the circulation which will create big scarcity.

thank you for the answer. just want to make sure i wont get less of what i originally invested when the term ends and rehost a node when its possible.