Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
by
Mr.Ease
on 20/04/2019, 17:38:47 UTC
With 1,000 coins, you may get (on average) one stake every 13 days. That means you need 13k coins for on average one stake of 50 coins per day. Over time you will need more coins than 13k for one stake a day on average because the coin supply is increasing fast for the first few years.
1000 coins stake continuous over 13 days and get only one staking reward round. In my opinion, it's terrible staking rate if we take into account the staking rate will decrease over time when difficulty increase, and more stakers actively operates on VEIL network. It even does not count for orphan blocks found from staking.

Another thing to consider is that the development fund, and I think the Labs fund, are not being staked. That is a large % of the coin supply not being staked.
I think it's close to 20% of the overall supply? maybe the OP could comment on this?

So if you think about it, the network weight will always be much lower than expected and hence, you should stake more than anticipated.