Re: [ANN] Diamond Coin (DMD) Evolution v 2.0 | NEW wallet, coin mechanics, 50% POS
Here it's a quite innovative and fair way to support the dev and community, without this coin will die. There's only 0.05 DMD for this for each block, so it's a VERY limited supply, like the coin itself is rare and very diluted over very long term.
There would be total 1,100,000 coins to be mined on stage between 400,000 and 1,500,000 coins. 0.05 DMD for each 1.05 DMD mined in this stage will be sent to devs. So our devs will have 1,100,000/1.05*0.05=52,381 DMD while the total supply of that time will be 1,500,000. It's equivalent to ~3.5%.that's fine its gradual and we need a ledger to see what they are doing with it, sure keeping some for themselves is fine but some could fund projects etc.
good to see diamond making a comeback... people don't realise that they pay 3.5% out but get 500% + returns
come on be sensible guys look at the big picture.