Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: [ANN][SEM] Semux - Official Thread
by
Mozdalifa17
on 30/09/2019, 17:41:51 UTC
⭐ Merited by savel (1)
Anyone can remind how is the delegates incentive going?
will the incentive exist all the time with inflation?

first "halving" (from 3 to 2 sem per block) is expected in December

https://github.com/semuxproject/semux-core/blob/master/docs/Block-Rewards.md

I seriously thought that the price would be even more destroyed by the bear market by now. I think i need to jump back in before December halving rather then wait it out more.

Yes, this is the Block reward scheme

New SEMs are created each time a validator forges a new block.

Once maximum supply is reached, new SEM will no longer be created.

Validators receive the block reward as well as all fees contained in the block.

Block 0 - 2,000,000          : 3 SEM
Block 2,000,001 - 6,000,000  : 2 SEM
Block 6,000,001 - 14,000,000 : 1 SEM
Block 14,000,001+            : 0 SEM


Still time to get some SEM


Yeah that is definitely true..There is plenty time remain to get some SEM ,

But Sem development-team plus the community need to do more hard job in marketing with considering other good exchanges , really it is not believable even to anyone , why SEM still now has only one reliable exchange (STEX ) with low volume ,,, the other two exchanges are proven Scam (Tok,P2P) .

That demand is very important to the project because of increasing volume and interest everyday even STEx will follow after .

From my side i will do re-translate SEM ANN and BLOGs in Arabic for free in nice way to bring some attention here  ....

Any suggestion for SEM market growth Huh??