This POS rate is insane.
From a prior post:
Moving to 200% yearly degrading will give people a reason to mine and hold this coin again. It fill the niche perfectly.
Very low 1-5% PPC,BC, AC, WC and a few others (CAPS Current)
Low 25-50% Mint, PHS
Mid 100% HBN, NVC
****** 200% CAPs ******
Very High 500% TEK.
Plus the 200% is diminishing and has a max payout if I understand correctly.
diminishing? how's that? isn't it the same as in HoboNickels' case but instead of 2% per 10 days 4%?
Both are based on NVC code where as the staking difficulty rises the % of stake reward goes down. So it can fluctuate up and down. 200% is base and 1% is min.
Also this is 15 days for min weight.
It seems to me that there is still a bit of a mystery about how sensitive PoS difficulty is to network stake weight. At this point I wonder if HBN or other coins with no max subsidy will ever change the reward. As for CAP it is much more likely because the network stake rate will have tremendous pressure to grow over time due to the maximum subsidy and the targeted 1440 blocks per day. I am very curious to find out exactly how the network stake rate translates to PoS difficulty.
Keep up the good work Tranz, thanks for taking care of the CAP community!