Bitcoin Forum

Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: Mark Rigby on April 16, 2020, 10:46:42 AM



Title: COMPOUND COIN POS 125% APR
Post by: Mark Rigby on April 16, 2020, 10:46:42 AM
https://i.imgur.com/xAnOUbX.png


By running a Compound Coin wallet with coins inside it you will gain up to 125% APR interest (paid daily depending on the amount of coins held).

When these coins are continued to be held your total amount of coins are compounded with up to 125% APR applied to the new total in your wallet...

Coin Name: Compound Coin
Short Name: COMP
Algo: X11 POS/POW
2 Minute Block
Port/RPC Port: 8422/8442
Min/Max Stake Age: 1/30 Days

Rewards
POW
Block 0-1000 = 1 COMP
Block 1000-50000 = 100 COMP
POS
Block 0-1000 = 10% APR Due to wallet error, no reward here, think about it is grace period time until everyone get their coin swapped, so becoming more fair for everyone Wink
Block 1000-50000 = 250% APR
Block 50000-100000 = 500% APR
Block 100000-500000 = 250% APR
Then percentage will halving every 500000 blocks until from block 2500000 = 7.8% APR
Block time is 2 minutes, so 1000 block is about 1,389 days.


Join The community:
Discord:https://discord.gg/UQx48Yn

Website:http://compoundcoin.org/

Exchanges:
SouthXchange:https://www.southxchange.com/Market/Book/COMP/DOGE
YOBIT:https://yobit.net/en/trade/COMP/ETH
C-PATEX:https://c-patex.com/

Mining:

While Compound Coin can be mined with a computer it is easier for the novice to gain coins from faucets and earning wallet interest by leaving the Compound Coin open on a good Internet connection.

Currently Compound Coin earns up to 125%APR BUT this is set to drop to 62.5% APR after block 1,000,000 (currently over block 580,000). The yearly interest rate will continue to half at other designated block intervals.



Title: Re: COMPOUND COIN POS 125% APR
Post by: iHodler on April 16, 2020, 05:34:43 PM
Why this new thread?

I found that the coin is being around for some time: https://bitcointalk.org/index.php?topic=2220277.0