Post
Topic
Board Announcements (Altcoins)
Re: [ANN]⭐⭐⭐⭐⭐ CYLE - MINING FOR EVERYONE // BROWSER MINING // BROWSER STAKING ⭐⭐⭐⭐⭐
by
badykvik
on 09/05/2019, 08:43:46 UTC
I am having some discomfort about your masternode, i received 1.7 cyle after 600 hours, this is too little and highly discouraging if that is how your masternode pays.
There should be some kind of reward for early adopters and not this type of peanuts.

Hello badykvik

we're sorry to hear you feel discomforted and expected higher rewards for your staking attempts. We built CYLE as a sustainable and long term service and carefully calculated the interest with that in mind. As the interest is percentage based, you naturally can raise your benefit
by locking a higher amount of CYLE. Claim your interest as soon as possible and lock CYLE again - that is the way to get the most out of our staking system. As CYLE is built on egalitarian principles, we chose not to prefer some users (like early adopters) over others.

Please see the CYLE PositionPaper to learn more about how and why CYLE has been created.

I am not expecting higher stakes since I am aware of 1.22% staking interest but the problem is about staking time frame that is not clearly specified.
Can you tell us when to expect stakes from masternode?
When exchange listing?
The above questions are important because getting cycle is not free and there is need to compare it to the exchange rates to know if it is profitable or not.

Hello badykvik,

the time frame you addressed is roughly 7 days between each claiming attempt. There is an indicator on your dashboard - right beneath the button to claim your interest - that specifies that time frame for your account in real-time.
If you can't see the indicator, please empty your browser cache and reload the dashboard.
Regarding exchange listing, we are in negotiations with several exchanges and will update you as soon as we're listed, which will be soon.
We see the importance of these questions as well. However, let us kindly remind you that CYLE is a fully free service - aside from gas fees which are determined by the Ethereum blockchain and are therefore out of our control.

I can understand a lot of professional experience in the way you answer questions and i feel i need to continue with the mining, the network fees is increasing and the stakes is 1.22% for 7 days, i expect a good trading price for this coin when it is listed on an exchange.