Post
Topic
Board Announcements (Altcoins)
Re: [ANN][AC]AsiaCoin - Full block reward arriving - PoS|No IPO|Zero Premine
by
usao
on 17/04/2014, 14:44:40 UTC

It is already unlocked. You want to keep the wallet open so you can get your stake. You want to get your first year stake because you will get double of what you have now by the end of the first year.

Once the first year passes, it goes down to 2% stake.
I suppose a lot of folks will keep the first year to get that 100% interest, but right after than, im assuming they will dump quickly.
Do you know if the first-year interest is based on when the coin was received or based on the launch date?
In other words, is it a fixed point in time or variable based on when you mined (or bought) the coin?