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

[Paidi]

Because POSToken has some special specifications, it is very possible that this token will grow well over $10 in a medium term like 3-6 month period. Maximum Total Supply: 10,000,000 POS shows that the value per coin can increase a lot, considering that only a small part is in circulation today. As an investment can be very profitable in the medium and long term, but it all depends on how the team of developers and the community will engage in working together in developing an ecosystem. It is necessary to list in quality exchanges as a priority, then implementing the Lending program may be another solution. I think devs work hard for more that I write here about how I see a good future of POSToken.

However the new exchange is what Postoken needs to increase community adoption
Since dev promised a new exchange several months ago until now there is no news of course this slightly inhibits the growth of postoken.

[paramind22]

So, I sent out about 5 to myself and only minted once.  Are we going to get those mints in the future for what we spent?

He was probably lucky to send these transactions with that fee under 1 gwei or have done that before the whole "overloaded" period of ETH network.

Sure, but that doesn't answer my question.  Is this minting like a random chance based thing?

Minting is just away to receive your due interests. Interest rate for first year is 100%. Meaning if you had 365 PoS you are due exactly 1 PoS per day. After few days you execute mint and receive them in a wallet. Always send 0 PoS to yourself when minting.

So, minting should better be called invoicing?  You need to collect your interest rate manually, it's not delivered to you.  It's like you need to send the blockchain an invoice to get your interest rate of 100% a year.

[wojteks102]

So, I sent out about 5 to myself and only minted once.  Are we going to get those mints in the future for what we spent?

He was probably lucky to send these transactions with that fee under 1 gwei or have done that before the whole "overloaded" period of ETH network.

Sure, but that doesn't answer my question.  Is this minting like a random chance based thing?

Minting is just away to receive your due interests. Interest rate for first year is 100%. Meaning if you had 365 PoS you are due exactly 1 PoS per day. After few days you execute mint and receive them in a wallet. Always send 0 PoS to yourself when minting.

So, minting should better be called invoicing?  You need to collect your interest rate manually, it's not delivered to you.  It's like you need to send the blockchain an invoice to get your interest rate of 100% a year.

Exactly you need to mint every time you have got opportunity - minimum coinage after 3 days, maximum coinage 90 days.
There was an announcement about POS 2.0 which may fixed many problems but dev decided to finish lending platform before that.

[wiredideas]

I'm seriously contemplating on getting more coins. But the lack of communication on the part of dev team makes me nervous. I hope he's just busy on some development work. 

[Raizou]

Unfortunately things are never as we expected, even the market often makes people stupid, when many people expect the same thing, markets always go against and it happens the other way around, what we have is people to accept PoSToken as a good project! January 1 can bring us good things.

[eprocent]

Because POSToken has some special specifications, it is very possible that this token will grow well over $10 in a medium term like 3-6 month period. Maximum Total Supply: 10,000,000 POS shows that the value per coin can increase a lot, considering that only a small part is in circulation today. As an investment can be very profitable in the medium and long term, but it all depends on how the team of developers and the community will engage in working together in developing an ecosystem. It is necessary to list in quality exchanges as a priority, then implementing the Lending program may be another solution. I think devs work hard for more that I write here about how I see a good future of POSToken.

However the new exchange is what Postoken needs to increase community adoption
Since dev promised a new exchange several months ago until now there is no news of course this slightly inhibits the growth of postoken.

In order for POSToken to grow in value in the long run, it is not enough to be listed in exchanges but is an absolute condition at this time. From what I understand one of the issues to be treated before being listed in other exchanges is about the wallet.

[eprocent]

I'm seriously contemplating on getting more coins. But the lack of communication on the part of dev team makes me nervous. I hope he's just busy on some development work. 

We have been following the project since the first few weeks and we have seen that devs team was very active and involved. I assume that they are now fully involved in solving the problems with the wallet as well as the Lending platform.

[Orias67]

no update as of the moment about lending platform test. I am very optimistic about the result and I am bagging POS at cheaper price. Hopefully devs will not let us down.

this is the last Update  from postoken

Merry Christmas to PoSToken Community.
We apologize for delay in updates, but we assure you that we have been working hard on adding updates.
After this time of testing, we have already fixed all the bugs, so a good news to us and to you:the deposits and lending will open for everyone on January 1st, 2018.
Stay tuned!

Thank you for this share, so I guess we need to wait and see... I hope it will be open in the 1st January like they said or this token will worth nothing anymore and will loose all the confidence of the holders.

[wiredideas]

I'm seriously contemplating on getting more coins. But the lack of communication on the part of dev team makes me nervous. I hope he's just busy on some development work. 

We have been following the project since the first few weeks and we have seen that devs team was very active and involved. I assume that they are now fully involved in solving the problems with the wallet as well as the Lending platform.

I really hope that it is the situation. That they are busy at work and ironing out the Lending Platform. I still believe in this project I know once the Lending part is done and up and running this token will sour to new heights. $1-$2 in January 2018 is not far-fetched at all if everything worked as intended.

[jmigdlc99]

I initially got into POS token when I joined the airdrops a few months ago. I've then since bought more POS on etherdelta and have much confidence in the development team.

I didn't know much about them but from what they have shown they are a dedicated and professional team who has continuously delivered a working product while sticking to the committed dates and deadlines. If they say we will see more updates on Jan 2018 then expect it to happen.

[Amel]

I initially got into POS token when I joined the airdrops a few months ago. I've then since bought more POS on etherdelta and have much confidence in the development team.

I didn't know much about them but from what they have shown they are a dedicated and professional team who has continuously delivered a working product while sticking to the committed dates and deadlines. If they say we will see more updates on Jan 2018 then expect it to happen.

Same here but my beliefs are starting to fade because they do not add a better market
whereas I heard dev set up a 15k POS token to pay for multiple exchanges until now has not been realized.

[wiredideas]

Just bought more POSTokens awhile ago. I will buy more next week if I see some active development of the Lending Module. This token will go beyond our expectations if dev does the Lending part right. Forget about $1-$5 dollars this January if Dev will get everything right this token will blow to kingdom come. Remember we got low total supply and very low circulating supply so you guys can do the math. You can put additional zeroes on those $1-$5 and make it $10-$50 dollars after the perfect Lending Module roll out.

[mrbb9x]

this is a good time to buy in, i bought more because i have followed it from the beginning, hopefully through the new year there are many positive things

[m.vina]

Just bought more POSTokens awhile ago. I will buy more next week if I see some active development of the Lending Module. This token will go beyond our expectations if dev does the Lending part right. Forget about $1-$5 dollars this January if Dev will get everything right this token will blow to kingdom come. Remember we got low total supply and very low circulating supply so you guys can do the math. You can put additional zeroes on those $1-$5 and make it $10-$50 dollars after the perfect Lending Module roll out.

I completely agree. This is just the beginning of an amazing proof-of-stake (POS) token that could really be useful in many other real world services and applications. I do hope the devs continue the work being done. I am also expecting a huge surge in upward price movement once the devs roll out more of the updates.

[Fivestar4everMVP]

Really hoping for the best with postoken, am still holding and minting, like some user already said, this token will moon like crazy ones the lending service is fully launched for everyone to use, and also good marketing, devs should create a marketing strategy like referral programs so more people can be aware of this project and come in

[DirtyMartini]

no update as of the moment about lending platform test. I am very optimistic about the result and I am bagging POS at cheaper price. Hopefully devs will not let us down.

this is the last Update  from postoken

Merry Christmas to PoSToken Community.
We apologize for delay in updates, but we assure you that we have been working hard on adding updates.
After this time of testing, we have already fixed all the bugs, so a good news to us and to you:the deposits and lending will open for everyone on January 1st, 2018.
Stay tuned!

Thanks for the share 

So eager to find out how the new lending platform will work so really looking forward to the news in a few days time..
Still holding all of my airdrop tokens so hopefully I'll be able to put them to good use.. 

[sydneyhero]

Just a question
I have bought some POS, already waited for 3 days and started mining already.
If I buy more POS, do I need to wait for 3 more days and then do the same thing ?

Thanks

[libert19]

Just a question
I have bought some POS, already waited for 3 days and started mining already.
If I buy more POS, do I need to wait for 3 more days and then do the same thing ?

Thanks

Yes you need to wait 3 days before next minting whether you buy more or not.

[ralt]

I've started to stake my tokens today (I've had them since the airdrop so age should not be a problema at all).

People that had already done that: do I have to make anything else after following the steps in the tutorial? Is this a one time task and the coins stake forever or do I have to repeat the process from time to time? When did you start to receive tokens from staking?

Thanks a lot!!

[Trofo]

I've started to stake my tokens today (I've had them since the airdrop so age should not be a problema at all).

People that had already done that: do I have to make anything else after following the steps in the tutorial? Is this a one time task and the coins stake forever or do I have to repeat the process from time to time? When did you start to receive tokens from staking?

Thanks a lot!!

It is not staking, it is just collecting your due.

If you had the coins since the airdrop on your wallet. It actually means you have already accumulated 45  days (not sure about exact date) worth of interests. After you mint you will receive that reward almost immediately.

You earn interests just by having PoS but you have to manually interact with Smart Contract (mint) to receive them. You have to repeat the process every so often (check one of the guides for best value, probably around 7-10 days)