Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GLYPH] GlyphCoin - X11 - POW/POS | 0% premine | Illuminated | CRYPTSY!
by
marada
on 30/06/2014, 23:43:36 UTC

Can you say how long it took , and how the coins are spread out?

The exact time is visible. Now it is about three hours waiting for a reward. There are 812 Glyphs in this wallet. Your weight depends of the amount of coins you have. The net weight depends of the amount of coins staking in the network. Stake Interest 10% per annum.

Someone correct me if I am wrong, but what I think it means if you stake all your coins all the time:
- if all existing GLYPHS are in stake - you get 10% per year - this actually doesn't happen, people keep their coins offline or at the exchanges.
- if a half of existing GLYPHS is in a stake - you get 20% per year for keeping all your coins in a stake all the year,
- if a quoter - you get 40% per year and so on.