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I'm sorry if this has been asked before, but, the legendary 10 addresses (Option 1) are said to have a 2x staking multiplier so stake at 100% whilst the "normal" wallets stake at 50%, right? So does the 2x stake multiplier indicate that the legendary 10 address will stake at 50% once the reward halving happens at block 1500000 and reduce again to 25% at the next reward halving and so on...?
Also, when will the 100% boost kick in? Will it be in February 2016 (Incorporating interest boosted storage solution by February 2016)? or is this something else.
At the moment there is around 119 days to the halving from 50% stake to 25% stake so if the legendary 10s would only stake at the 100% rate for around 80-90 days if I understand it correctly. So, assuming a wallet of 3000 DMD staking at 100% for 90 days would generate about 740 DMD which is now worth around 0.481 BTC and then 1870 DMD in the next year, about 1.2 BTC (at todays value) and so forth so the ROI would be around 2 years if bought at around 2 BTC?
Otherwise, if the Legendary 10 would stake at 100% rate forever then you could not control the rollout or am I missing something?
Also, when will the 100% boost kick in? Will it be in February 2016 (Incorporating interest boosted storage solution by February 2016)? or is this something else.
At the moment there is around 119 days to the halving from 50% stake to 25% stake so if the legendary 10s would only stake at the 100% rate for around 80-90 days if I understand it correctly. So, assuming a wallet of 3000 DMD staking at 100% for 90 days would generate about 740 DMD which is now worth around 0.481 BTC and then 1870 DMD in the next year, about 1.2 BTC (at todays value) and so forth so the ROI would be around 2 years if bought at around 2 BTC?
Otherwise, if the Legendary 10 would stake at 100% rate forever then you could not control the rollout or am I missing something?
boost kick in end of february
3000 DMD at stakerate x2
or 15000 DMD at stakerate x1.25
base stakerate is the normal network stakerate so yes it adapt together with networkstakerate
a legendary10 asset have the stakerate boost just as a additional goodie
if u see just the added POS income in fact it will have years of ROI time (at actual DMD price)
but in fact if u belive DMD price will stay as it is u wouldnt invest into a legendary10 anyway
the prime value in my opinion is the enormous collector value of have a unique asset
where only 10 similar exists but each of them is unique by name
and additional also personalized with ur wish text 144 letters long
if u dont think a legendary10 can aquire such collector value and create his owner fame
then i would buy DMD direct instead
everyone have the choice
we just added one more way to be able get involved in DMD history and become a part of this epic story
a story that if everything work out as we hope
u can tell ur children and grandchildren
as the story of their family "legendary" source of income
their family treasure most precious "gem"
not this year
not next year
but in a few years
