Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GoldReserve][XGR]X11 Unique Stabilizer Fund
by
Majormax
on 02/07/2014, 17:01:07 UTC
Question about the stake...

So its 10% annually. And it takes 10 days for the coins to mature... So does that mean that after 10 days, the coins I have put in my wallet will mature and give a 10% return? Then I have to wait 12 months for another 10% return?

Am I understanding this correctly?

Nope...

Every 10 days  = 10/365  *10%

..if you leave 20 days without staking, then its 20/365 *10%, or 17 days =17/365 etc and so on, but only up to the max coin age.