Quote from: michatriptych on January 14, 2018, 03:23:51 PM

Quote from: Bitdonator on January 14, 2018, 12:15:32 PM

Quote from: klimauk on January 14, 2018, 11:57:57 AM

Anything change with rewards for staking?
Today get + 473.2199852 COLX instead of 947.9199852 COLX.

Half ?

Staking reward cutted by half after block #150000, as expected Wink

I actually didn't expect it to half. From the information given on the website I concluded, somewhat hasty one might say, that we already passed block 300,000 and the staking reward would no longer decrease. How is the staking reward calculated? The website says:

PoS Rewards Breakdown

Block Reward: Split dynamically via the Seesaw Reward Balance System between masternodes and staking nodes

Blocks 10,81 151,200: 2500 COLX
Blocks 151,201 302,399: 1250 COLX
Blocks 302,400 Infinite: 1000 COLX
Proof of Stake Schedule: 5% to proposals for all phases
95% distributed to stake wallet and master node

So the masternodes get 60% of 1250 COLX and the staking nodes get 40%?
1250 COLX * 0.4 * 0.95 - fee = 473.2199852

And the staking reward will half one more time at block 302,400?

I guess I found the answer.

The reward just halved last night to 1250, split between masternodes and stakers. Around May the reward will *not* halve again but decrease slightly to 1000 COLX. So, scarcity has been implemented and will reduce further later this year, but not by as much.

alzander

Posts

Merits