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

[libert19]

DEV team seems to have stopped working. I did not see any change coming from them. what should I do?

Lately I have been seeing FUD here, if you could just scroll up a bit there is comment from DEV!

[seyola89]

I stake POS in MEW, but suddenly my balance dropped from 157 to 145 POS.
Why is that and how it is possible?

Good question.   To the above poster who complained that we are talking about staking too much.  If you read the posts, they weren't about how to stake, they were about staking rewards after first staking rewards were earned.  There is "difficulty" type problems in staking.....if someone buys a ton of coins, they are going to outweigh you and reduce your staking rewards.  It's similar to a lot of hash coming into a pool and you not increasing your hash power.

What I'm thinking is that we won't get any more staking rewards at the airdrop level of 70 coins.   If we want to keep getting rewards, we will have to add to our pile.   I am OK with that but I would like to know how much more I will have to buy.  I've seen many staking coins go down to 1 Sat and below that had tons of support and people talking about how great they were.  

If I have to buy .01 BTC worth of POSTokens and still not getting any staking rewards from it, that's a different story.  Usually in staking threads people discuss this kind of thing.  It seems people here don't understand the question or are avoiding giving any answers.

All I am asking is what balance of POSToken do you need to stake these days?

Lolz bro ..there is nothing like difficulty weight in postoken staking. You need to understand well how POS staking works. It's not like conventional coin staking. A standard code has already been written on smart contract that gives a fixed return of percentage stake irrespective of the amount of coins you have in your wallet. Though even with this standard, the more tokens you have, the more staking rewards you have. It's like a mathematical formular of a certain fixed percentage of a principal to get interest. The higher the principal, the higher the interest. This has nothing to do with network difficulty or weight as it is in conventional coin staking in qt wallets.

LOL why nobody warn people about it?
This should be announced for everybody to know and on all POS sites.
It is complete misguiding as POS calculator on main site shows positive income in my case?!

https://prnt.sc/hs9p35

What a mess.

I can tell you that this issue has already been discussed 1001 times in this thread. The ish is that people are lazy to read past messages. Intact reading the OP alone answers your query.

[pinoycash]

3 Days ago i initiate stake function and got 8 Postokens from my 71 tokens. now after 3 days when i check the calculator i got this

0.51479277 POS COINAGE: 244.025143561643835615 TOKEN-DAY

So it came to my conclusion the higher the coinage the lower the rewards accumulations. so its better to stake every 7 days since the rewards is faster to accumulate when the coinage is low.

[zemelax]

I did not go into the topic for two weeks, can anyone tell me what's wrong with the platform, did the developers do it or not?

[p3ppymon]

I did not go into the topic for two weeks, can anyone tell me what's wrong with the platform, did the developers do it or not?

The platform is available for VIP members only at the moment. Soon it will be available for the masses. There have been a huge amount of applications and the team is working to make the platform safe and sound for everyone. It should be done quite soon.

[Trofo]

3 Days ago i initiate stake function and got 8 Postokens from my 71 tokens. now after 3 days when i check the calculator i got this

0.51479277 POS COINAGE: 244.025143561643835615 TOKEN-DAY

So it came to my conclusion the higher the coinage the lower the rewards accumulations. so its better to stake every 7 days since the rewards is faster to accumulate when the coinage is low.

Not true. PoS Token doesn't have traditional staking. What they call minting is just a process to receive due interests. PoS token has a interest of 100% in the first year. Meaning for your 71 token you are due exactly 71 token in 1 year paid daily. Or 71/365 tokens per day. This is a bit simplified because staking rewards will stop accumulating after 90 days, and doesn't take into account extra tokens you will receive every time you mint. There is a great guide with a lot of charts out there which takes scientific method to explain how often you have to mint for max profits.

Reward accumulations should be exactly the same from day 1-90. And you probably sow a jump because calculator shows 0 for first 3 days after minting and then on day 4 it shows your interest for all 4 days (you can only interact with smart contract after 3 days wait from last interaction). This part I am not 100% sure because I haven tested it yet but it should work like that from what I could see in Smart Contract code. I will edit the post later today or tomorrow with confirmation. I minted 2 or 3 days ago.

There is no max or min limit in PoS token minting. You are due interests to whatever amount you have.

[Delphinus]

Price has taken a bit hit lately, I hope they can pull it off and deliver the platform to everyone.

[honghaisea]

I did not go into the topic for two weeks, can anyone tell me what's wrong with the platform, did the developers do it or not?

The platform is available for VIP members only at the moment. Soon it will be available for the masses. There have been a huge amount of applications and the team is working to make the platform safe and sound for everyone. It should be done quite soon.

HAT has already 0.01eth per coin,  i think POSToken is better than HAT , but the price only HAT one tenth . maybe we can buy more POS to gambling it's price will pump up 10X

[pinoycash]

Not true. PoS Token doesn't have traditional staking. What they call minting is just a process to receive due interests. PoS token has a interest of 100% in the first year. Meaning for your 71 token you are due exactly 71 token in 1 year paid daily. Or 71/365 tokens per day. This is a bit simplified because staking rewards will stop accumulating after 90 days, and doesn't take into account extra tokens you will receive every time you mint. There is a great guide with a lot of charts out there which takes scientific method to explain how often you have to mint for max profits.

Reward accumulations should be exactly the same from day 1-90. And you probably sow a jump because calculator shows 0 for first 3 days after minting and then on day 4 it shows your interest for all 4 days (you can only interact with smart contract after 3 days wait from last interaction). This part I am not 100% sure because I haven tested it yet but it should work like that from what I could see in Smart Contract code. I will edit the post later today or tomorrow with confirmation. I minted 2 or 3 days ago.

There is no max or min limit in PoS token minting. You are due interests to whatever amount you have.

I see, All is clear now thank you for you explanation. So the only advantage of staking every 3 days is the compounded interest we will get compare to waiting for the ripe time.

[Filmmmakerr]

Whats more profitable lending our coins to the platform or staking on MEW???

[pinoycash]

Whats more profitable lending our coins to the platform or staking on MEW???

Lending is more profitable but carries some risk since the coins will be sent to Devs wallet for the lending platform.

So its your call if you want to take the high risk route to earn more or take the safe route but will earn stable mint rewards.

[YouShallNotPass]

This project has been so silence lately. I am one of the airdrop receiver and haven't even understand how POS on this coin works.

[tycredy2]

The team should apply for listing @binance.. We have a great community that is ready to vote

[Filmmmakerr]

Whats more profitable lending our coins to the platform or staking on MEW???

Lending is more profitable but carries some risk since the coins will be sent to Devs wallet for the lending platform.

So its your call if you want to take the high risk route to earn more or take the safe route but will earn stable mint rewards.

So say I lent 600 POS, isn't that like 30% a month?  

[Trofo]

Not true. PoS Token doesn't have traditional staking. What they call minting is just a process to receive due interests. PoS token has a interest of 100% in the first year. Meaning for your 71 token you are due exactly 71 token in 1 year paid daily. Or 71/365 tokens per day. This is a bit simplified because staking rewards will stop accumulating after 90 days, and doesn't take into account extra tokens you will receive every time you mint. There is a great guide with a lot of charts out there which takes scientific method to explain how often you have to mint for max profits.

Reward accumulations should be exactly the same from day 1-90. And you probably sow a jump because calculator shows 0 for first 3 days after minting and then on day 4 it shows your interest for all 4 days (you can only interact with smart contract after 3 days wait from last interaction). This part I am not 100% sure because I haven tested it yet but it should work like that from what I could see in Smart Contract code. I will edit the post later today or tomorrow with confirmation. I minted 2 or 3 days ago.

There is no max or min limit in PoS token minting. You are due interests to whatever amount you have.

I see, All is clear now thank you for you explanation. So the only advantage of staking every 3 days is the compounded interest we will get compare to waiting for the ripe time.

Correct, and only disadvantage is more ETH spent on transaction fees. I am still only a little bit unsure about that 3 days when you are not allowed to mint. Should have more info this evening or tomorrow morning after my 3 days are up

[ryzaadit]

Yeah, Postoken will can lending at 1 January happy to see that. Thanks to developer postoken fixed & working at platform to handle the bug or other so we will cant get problem went the lending service its working

[mehar_gee]

Yeah, Postoken will can lending at 1 January happy to see that. Thanks to developer postoken fixed & working at platform to handle the bug or other so we will cant get problem went the lending service its working

its a very good news i was waiting for this news for a long time
now anyone can use lending programe on pos website without any restriction from 1st jan of 2018
new year new surprise very good pos token team
i hope after this program launched more exchange will list pos token on their platform

[oleksii777]

After such news, the coin will simply rage in price. Minimum in 2018 is $ 100. And this is only the beginning. Buy coins while the price is low!
--------

Yeah, Postoken will can lending at 1 January happy to see that. Thanks to developer postoken fixed & working at platform to handle the bug or other so we will cant get problem went the lending service its working

its a very good news i was waiting for this news for a long time
now anyone can use lending programe on pos website without any restriction from 1st jan of 2018
new year new surprise very good pos token team
i hope after this program launched more exchange will list pos token on their platform

[Orias67]

After such news, the coin will simply rage in price. Minimum in 2018 is $ 100. And this is only the beginning. Buy coins while the price is low!

People are telling such things since few weeks now, everyone thought that the price would go up after the 15 December but nothing happened so what ? What is the problem ? Why the lending platform didn't help ? And even more, why the price is going that down ?

Thank you if you can help me with those questions

[Lilianaser]

After such news, the coin will simply rage in price. Minimum in 2018 is $ 100. And this is only the beginning. Buy coins while the price is low!

People are telling such things since few weeks now, everyone thought that the price would go up after the 15 December but nothing happened so what ? What is the problem ? Why the lending platform didn't help ? And even more, why the price is going that down ?

Thank you if you can help me with those questions

the wait just might be the Manager was busy though so inevitably managers keep trying in order for token still ride with the expected results.