Re: [AC] AsiaCoin | Pure PoS | 100% Interest < 1 Mth Left

Asia-QT was open the whole month maybe restarted it 3 times , and it only minted once, not @ 100% it was more like 2%,
and atm it still dosent sync.

on my wallet i have got exactly 3.7% for two weeks . did not calculate how this compounds in one year quite possibly it compounds to 100 % per year

That is even a lot more than 100% per year (is around 150% - just calculate 1.037 ^26)

14/365 x 100% = 3.83561%

There is definitely compounding effect but staked coins need to mature for 2 weeks before being able to stake. Your calculation is based on 100% per year. However, the revised POS schedule will reduce the stake interest to 80% at block 72,000. It is part of the reason for the sync issue we are currently facing.

There is also an element of luck as stake interest only even out in long run. AsiaCoin stakers who get a higher % are the lucky ones since the stake rewards are going down over time.

The calculation right there takes into account the two weeks

As you indicate there is however some luck involved. It just proves you are in the ballpark.

That's right. That is the ball park. Compounding is bound to happen but at the rate we are progressing, we are moving up the blocks at twice the rate we expected. I expect that we will be down to 20% in 6-7 months instead of the initial 11-12 months.