I tried searching for this info, but this spec of SYNC appears to be hidden, I could not find it, so I hope someone here can answer:
I bought about 2 SYNC (and will buy more, money permitting) since I like to get interest from staking.
However, I have no idea *how much* reward staking is giving.
My 2 SYNC staked within a few hours from the min age of 6 hours, but only delivered 0.0012 SYNC reward.
Is this reward fixed or variable and what determines the size?
I understand the staking, Coin Control and splitting my 2 SYNC into multiple inputs,
since I have been active with ORB for a long time, which was the first coin with Staking rewards.
Calculating based on this one time event, SYNC pays a little less interest than ORB, so I need to decide where to go next.
I read in the SYNC spec that block reward is 0.14 SYNC but that is obviously not true for PoS blocks,
unless it has halved already so many times in the mean time that it now is at 0.0012?
Thanks for any pointers!
It was intended to be 1 % per annum (uncompounded, haven't calculated the compounded rate), but was raised to 100 percent for a time and is now stepping down back to 1% The time frame is here in the thread, but I don't recall it right now. I do know that we either just did or are just about to go to 50%. Without running a calc, you're return sounds about right.