Quote from: Mulroney on June 14, 2014, 12:24:15 AM

Random staking question....

So if CAIx has an annual inflation/interest rate of 5% a year, and I am staking with 1000 coins, and hypothetically I was the ONLY person staking, would that mean at the end of the year I would earn 50 coins, or (1.6M x 5%) = 80,000?

Or asked another way, if I staked for a year, 5% is the minimum rate based on if everyone is staking? And you get a higher rate when fewer people are staking?

Thanks!

You get a 5% annual interest on the coins that are staking, so if you're constantly staking with 1000 coins you would gain +- 50 coins in one year.

Quote from: nossino86 on June 14, 2014, 07:45:59 AM

Sorry for a simple question. I'm undermining of http://caixpool.com. I wanted to know how it worked, that is, the Caixcoin take them and undermining other currencies are converted to Caix? Also how many coins it takes to form a Caix on caix.multipool.com? help me to understand Cheesy

Please read this announcement on our multipool: https://www.caixboard.com/threads/06-04-2014-initial-node-count-multipool-upgrade-and-foundation-members.58/
The multipool mines the most profitable coin, sells this to BTC and with that BTC it buys CAIx Wink

, so you are paid out in CAIx.