Post
Topic
Board Announcements (Altcoins)
Merits 10 from 1 user
Re: Oblivion Coin | PoW + PoS | New Algo
by
Aim High
on 07/11/2020, 17:58:10 UTC
⭐ Merited by stoner19 (10)
Ok so I put something in writing.

I decided to launch some "community pools" let's call them like that.

How will the community pools work?

I will delegate a number of coins to each pool and stake them (5% POS annual staking reward), the accrued stakes of each pool will then be used for its intended purposes described below. That way there will be an everlasting source of new rewards.

First off there will be the Developers pool - it will reward developers who contribute to the project.

Up next, we have the Bounty pool -  this one will be used for promotions and contests.

I will start the pools with my own mined coins and manage them myself, if people wanna contribute and make a multisig or something, I'm all up for it!