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Author Topic: 🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available]  (Read 348257 times)
Alexandr Kirichenko
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October 15, 2017, 10:13:27 PM
 #3861

I signed up for BTT on 28 August, so I can't participate in the airdrop?

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Anthony1985
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October 15, 2017, 10:14:35 PM
 #3862

I signed up for BTT on 28 August, so I can't participate in the airdrop?

Sorry mate

3.All accounts registered on bitcointalk.org after August 22, 2017 are not qualified.
Intensity
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October 15, 2017, 10:20:24 PM
 #3863

I now have some aged tokens and started mining. Once I start the contract and mint function, will I have to keep doing it every so often or is it a one time thing to set up?
Anthony1985
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October 15, 2017, 10:42:20 PM
 #3864

I now have some aged tokens and started mining. Once I start the contract and mint function, will I have to keep doing it every so often or is it a one time thing to set up?

You have can do it often but within 90 days.

If you just minted you have 90 days to do it again
narielle
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October 15, 2017, 10:44:58 PM
 #3865

Just i saw this thread.
Unfortunatelly i lost the first and the second airdrop but i will join the 3rd airdrop starting tommorow. Wink
Dasvino
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October 15, 2017, 10:47:30 PM
 #3866

What currently price of postoken now?

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Intensity
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October 15, 2017, 10:53:40 PM
 #3867

What currently price of postoken now?

https://coinmarketcap.com/currencies/postoken/


And for mining, I take it more often would be better due to compound interest on new tokens and future staking?
morenho
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October 15, 2017, 10:57:56 PM
 #3868

Again, ty dev for letting Newbies into airdrop Cheesy

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October 15, 2017, 10:58:39 PM
 #3869

Hi guys,
I might be interested to buy some POS tokens from an exchange and I try to understand the concept of staking after watching a few videos on YouTube. It is written on the website that the interest rate for the first year is 100%. So if I buy 10 POS, I will get 20 POS one year later in my wallet. The interest year for the second year is 50%, so I will end up with 30 POS two years later, etc. That's pretty easy to understand if I keep the tokens in my wallet without touching them.

On the other hand, I don't understand what will happen if I buy my tokens one year from now from an exchange (October 2018 for instance )...
Will I get an interest rate of 100%, 50% or another rate depending on when the token was first minted (I don't know what interest rate I'm buying in this case)?
Does it reset to 100% when the token is exchanged from one wallet to another wallet?
Is a smart contract with a date attached to each token minted?

Thank you.

I believe it's the first year since the contract was created and not the first year of your wallet. So if you buy your tokens one year from now in 2018 you will get the current interest rate for that specific time of the contract, that will be in the second year the 50%. Otherwise people would just create new addresses and keep getting the 100% interest rate.

That's why this is the right time to hodl PoSToken because we will never get 100% interest rate after the first year, and 2 months are already gone from the first year since the contract was deployed in August if I'm correct.

Anthony1985
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October 15, 2017, 11:09:18 PM
 #3870

What currently price of postoken now?

https://coinmarketcap.com/currencies/postoken/


And for mining, I take it more often would be better due to compound interest on new tokens and future staking?

Yes,there is a post comparing different length of time on minting and seems that doing itnmkrenoften is more profitable.
criptobear
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October 15, 2017, 11:18:34 PM
 #3871

I wonder is the postoken traded anywhere? Should not be a bad idea because lots of people would buy it for staking.
K5Canada
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October 15, 2017, 11:40:28 PM
 #3872

Hi guys,
I might be interested to buy some POS tokens from an exchange and I try to understand the concept of staking after watching a few videos on YouTube. It is written on the website that the interest rate for the first year is 100%. So if I buy 10 POS, I will get 20 POS one year later in my wallet. The interest year for the second year is 50%, so I will end up with 30 POS two years later, etc. That's pretty easy to understand if I keep the tokens in my wallet without touching them.

On the other hand, I don't understand what will happen if I buy my tokens one year from now from an exchange (October 2018 for instance )...
Will I get an interest rate of 100%, 50% or another rate depending on when the token was first minted (I don't know what interest rate I'm buying in this case)?
Does it reset to 100% when the token is exchanged from one wallet to another wallet?
Is a smart contract with a date attached to each token minted?

Thank you.

I believe it's the first year since the contract was created and not the first year of your wallet. So if you buy your tokens one year from now in 2018 you will get the current interest rate for that specific time of the contract, that will be in the second year the 50%. Otherwise people would just create new addresses and keep getting the 100% interest rate.

That's why this is the right time to hodl PoSToken because we will never get 100% interest rate after the first year, and 2 months are already gone from the first year since the contract was deployed in August if I'm correct.

Yep, I think you nailed it there. This way, you cannot cheat sending your tokens to your wife's wallet and you know exactly the interest rate you will get buying from an exchange!

The Best List of Faucets for Bitcoin, Litecoin, Dash and Dogecoin.
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K5Canada
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October 15, 2017, 11:44:15 PM
 #3873

Finally, after reading on the Proof of Stake versus Proof of Work, I really like this token and think we may have something here...I'm tempted to register and buy on EtherDelta now!  Roll Eyes

The Best List of Faucets for Bitcoin, Litecoin, Dash and Dogecoin.
http://www.cashfaucets.com
espargon
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October 15, 2017, 11:59:57 PM
 #3874

great token and great project, very happy with the results of the second airdrop I'm going to the 3rd Smiley
ranman09
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October 16, 2017, 12:22:19 AM
 #3875

Website is down. They are no going maintenance.
xfaqs01
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October 16, 2017, 12:24:33 AM
 #3876

great token and great project, very happy with the results of the second airdrop I'm going to the 3rd Smiley
Exactly, i totaly agree with you on that, but with regards to time when the fill up available it says UTC time whar county or continent is it reffering to?  Hgehe sorry fir this ignarant qestion.

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seasonw
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October 16, 2017, 12:26:52 AM
 #3877

Website is down. They are no going maintenance.

Yes, it is under maintenance now. I will check later for my 3rd airdrop status.
TimeTeller
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October 16, 2017, 12:34:40 AM
 #3878

Website is down. They are no going maintenance.

Yes, it is under maintenance now. I will check later for my 3rd airdrop status.

Just checked also and still under maintenance.
Let's wait for that 15:00 UTC today.  Grin
Rune
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October 16, 2017, 12:42:54 AM
 #3879

This coin has been very consistent even with all these airdrops it's very impressive.
This is a strong project maybe it is time for me to start collecting.
erwan
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October 16, 2017, 01:06:22 AM
 #3880

This coin has been very consistent even with all these airdrops it's very impressive.
This is a strong project maybe it is time for me to start collecting.
I agree with you. Postoken is the most obvious airdrop right now.
Can not wait to see the website re-recovered.
Trading bounty looks interesting. I will try to follow it.
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