Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Banx Shares - IPO/ICO - Bitcoin dividends paid monthly
by
relaric
on 21/10/2014, 06:24:45 UTC
this may be somewhere else on the thread but what is the monthly interest?is it staking basically?thanks

No staking is producing new coins as a reward for securing the network. BanxShares is trying to be an actual company and the monthly interest is a dividend payout like a regular stock, but is issued through a cryptocurrency.