- PoS block generation after 1 day of holding
Does this mean that If I keep the coins in my wallet, I should see more coins come the second day?
Indeed.
This is how it works
If you hold your coins for 1 year - 1st year will give you 30% more coins.
So if you keep 10k C2.0 for a year - after a year you have 1300c2.0
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This is great feature and it might be interesting for some hodlers
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It should be compounded right? So im guessing it should be a little than 13,000 C2. So 30% a year and staking happening every 24 hours means 30 / 365 = .08% every day?
So a week of holding 50,000 C2 would look like this?
Day 01 - 50,000 + .08% = 50,040
Day 02 - 50,040 + .08% = 50,080
Day 03 - 50,080 + .08% = 50,120
Day 04 - 50,120 + .08% = 50,160
Day 05 - 50,160 + .08% = 50,200
Day 06 - 50,200 + .08% = 50,240
Day 07 - 50,240 + .08% = 50,280
.
.
.
Day 100 - 54,119 + .08% = 54,162
.
.
.
Day 365 - 66,893 + .08% = 66,947
Am I right there? Seems a little low on the incentive for someone looking to hold for a year no? Or am I just a spoilt brat?
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