what is the min time i need to keep my coins in wallet to get stake .... and what % of my coins that will be
The min time is 24 hours, then you will have stake every days when your wallet sync.
Variable interests (annual rate):
Year-1: 30%
Year-2: 20%
Year-3: 10%
Year-4: 5%
Year-5: 2%
Starting from Year-6: 1% annual interest for maintenance.
Here is the right formula:
Compound Interest Formula:
P = principal amount (the initial amount you deposit)
r = annual rate of interest
t = number of years the amount is deposited for.
A = amount of money accumulated after n years, including interest.
n = number of times the interest is compounded per year
A = P * (1 + r/n)^(t*n)
67,484.62 = 50000*(1+0.3/365)^(1*365)
There is a real benefit to hold the coins and to mint the stake, isn't it ?
