🚀[ANN][PoSToken]First PoS Smart Contract Token[Lending Platform Available]

[d3athgu1s3]

an hour 30 minutes more to go before airdrop

[Anthony1985]

I have a question for the developers.

If I move my tokens to a new Ether address, will the minting reset?

yes, the coinage will be reset when you send the tokens to other address.

So would you suggest to mint first the POS available and then transfer it to the new wallet?

yes, you'd better mine some tokens before you send your tokens to a new address.

Thanks a lot and congrats for the job you're doing. This is exactly how a airdrop and a new token should be managed.

[mvillar]

Hey I don't know how to stake in MEW, does anyone have a guide?

Here you can see a detailed explanation about stacking in MEW: https://bitcointalk.org/index.php?topic=2110712.msg21934703#msg21934703

One thing I think it could be more clear is when stacking and minting for the complete 90 days compared to stacking and minting every 3 days. Which of the 2 ways rewards more tokens because one would expect to have a higher reward if we don't touch the tokens for 90 straight days compared to every 3 days.

Curious to see whats the process.

The more frequently we do the pos mining, the more postokens we accumulate

For example:
Blob has 100 tokens, he hold them for the whole first year and mine every 3 days.
Alice has 100 tokens, she hold them for the whole first year and mine every 90 days.

If we use 100% to do the calculation:
Blob will receive 100*((1+100%/365*3)^(365/3)) ≈ 271 POS
Alice will receive 100*((1+100%/365*90)^(365/90)) ≈ 241 POS
You can see that the effective interest rate of first year range from 140% to 170%. The totalSupply will increase to at least 2.4 Mil after the first year, this is bad for the whole system.

But if we use 77% to do the calculation:
Blob will receive 1000*((1+77%/365*3)^(365/3)) ≈ 215 POS
Alice will receive 1000*((1+77%/365*90)^(365/90)) ≈ 200 POS

You should take into account the cost of gas of minting vs value of the minted tokens.

[jovan85]

How join airdrop 3? website not working yet.Need wait or what?

[CryptoNOK]

Still maintenance. Update?

[Anthony1985]

Still maintenance. Update?

Website will be working in 56 Minutes.

[shafiqsakri]

Great job dev...i love postoken...will not miss this 3rd round airdrop.. 

[EnViRoNmEnT]

Yea really cool project and team. I am really excited where the project goes longterm. Will not miss the 3rd airdrop as well. Good luck and keep it up guys

[bitcoinchrist]

Am happy to be part of this project. Its a unique project and with sincere developers. Am in Sir. thanks you.

[thilinanamal]

Joined 3rd airdrop. It's my 2nd consecutive time in this airdrop.
I would like to know whether this token will add to any other exchanges other than Etherdelta in future.

[daha67]

Joined 3rd airdrop. It's my 2nd consecutive time in this airdrop.
I would like to know whether this token will add to any other exchanges other than Etherdelta in future.

go go go

[koishikoko]

joined 3rd airdrop!

[digaran2]

received the 2ed round  coins,join the 3rd round

[pieleca]

Thank for 3rd airdrop

[Holie]

Joined the third round!

[bengems]

Hello

I joined the airdrop, nice project. I'll stick around to see how things will push up

Good luck teAm

[nomad1109]

Joined the airdrop  

[CryptoNOK]

Still maintenance. Update?

Website will be working in 56 Minutes.

Great,  will create an article.

[midelou]

I didn't have to join since I had joined the 2nd round. I am already in the 3rd. That is great! I am happy with this project.

[AirFlame]

This project seems interesting. I think we need projects like this nowadays because the cost of mining increased. If there are projects that will pursue more radical changes, there would be more beautiful project like this.