Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [PoW] [PoS] VEIL - Privacy without compromise
by
Mr.Ease
on 15/07/2019, 19:13:15 UTC
Holding more than 10000 veil coin will always help to get on stake on daily basis, but some time we are facing wallet issues which it is impossible for us to run the wallets on 24/7 basis because surely it can damage the hardware by keep on charging the device, so they need to implement POS model it will help the community.
With 10000 VEIL coins used for staking, how many coins you get back as daily staking rewards, in avergage? I ask this because I would like a make an estimation on how long I can get my fund back with assumed staking rewards and assume price of VEIL.

The staking difficulty is rising everyday. We are currenty at about 50% supply for the year before rewards drop.

So. Basically 10k coins will gradually get less and less blocks. Making it nearly impossible to determine how long before ROI.

But. As a guess, and based past results. Expect about 10% a month for now.
About 1 year and you should have doubled your holdings from staking