Hi everyone!
i'm trying to do some math about PoS system.
guess that i have 1000 coins. Like we said in the posts before, after 20days i'll start to get some interests.
I still don't know how many coins i'm going to get after the first 20days, so i think: 20% of interests of 1000coins is 200 coins. 20days/365days is more or less 5,48%...so 200*5,48%=10,96mintcoins.
so:
0-20days-->1000
20-40days-->1010,96
Can anyone confirm it?
Pretty much correct.
Once PoS block is confirmed, your new coins move in to your wallet balance and start aging just like your earlier coins. after 20 days they will start generating interest too.
So if interest rate is 20% per year and payout period is 20 days, then this makes
effective yearly interest a little bit more than 20%. Exact mathematical formula can be found here:
http://en.wikipedia.org/wiki/Effective_interest_rate