Looks like we had a successful fork on block 683,000.
Current monetary policy is -
Interest is paid at 1% a day or about 375% APR. No staking is required but interest is only paid on coins that have moved in the last 30 days.
HODL'd coins attract more interest the longer they are HODL'd for - upto double interest for coins that are HODL'd for 1 year. So 750% interest possible.
COINS ON EXCHANGES ATTRACT NO INTEREST!
The block reward is now 500. Halving is coming up soon! I think it's around block 820,000. So enjoy the big mining reward while it lasts!