He might mean 5% annual interest compounded daily.
So it is better expressed, although the details are important,
for example, the maturing time.
IMHO, now with the POS mode only, comes the need to encourage users
so that the wallet is always open and active 24/7, just to keep alive and
safe the network... well, when it will start working again.
If users know that it is useless to keep open the wallet because it does not
produce interest until the next day, I believe that many users simply choose to close it,
unaware of the implications or not.
too low. 5% annual too low, 5% daily - too much
need about 100% annual, with daily or weekly compounded
Compromise .. 5% per month or 60% per annum. :-))
So we are all happy. (Just a joke)
100%?
what makes you think that is even remotely a good idea?
Take a look at Hobonickels (
https://www.cryptsy.com/markets/view/80) - almost 1 year old coin,
with that POS percent (3% per 10 days, if i remember correctly), nice price dynamic, very attractive POS interest. Good coin.
About the Hobonickesl, I would add that the wallet is kept up to date,
and is innovative with cutting-edge features that are often then bring in other currencies.
By copying the sign of another user, I would also like to mention some other currencies:
" / \ Tek - 500% / \ HoboNickels - 100% / \ PhilosopherStone - 50% / \ ZeitCoin - 25% "
All of this are on Cryptsy. Most of these are mixed coin POW/POS, but some are migrating to the POS model only.
To be clear, I agree with you, both of you, too much interest and too little are not desirable.
In general, we evaluate the interest rate of an investment based on its risk, but we
can calculate the risk of long-term investment of a cryptocoin?
PS:
News by dev, on the front of the Bug?
