I have been dabbling with PoS for a while now and I have one noobish question to ask: Does the percent a year merely represent the amount you will get every time you stake or does the wallet have the ability to make sure you never stake more than the percent a year advertised. Note, this is a general question and not directed at any one coin in particular.
An example being that say I have a 1,000,000 coins of x currency and the percent a year is 5. Regardless of the stake age, if I leave the wallet alone and stake as normal, difficulty willing, I will only be able to receive approximately 5 percent of what I have, in this case 50,000, by year's end. As in, it's in the wallet code to make sure I will not be able to cross the 5 percent of my total staked savings? Or is the percent a year merely the amount that will be awarded to me for each staked block? Such as, your stake reward will be in the amount of 5 percent a year of the coins the staked block contained and is not the maximum a year that can be earned. So if I am staking a coin that is not being widely staked at the moment or is relatively new I could reasonably surpass the 5 percent a year staking?
Thank you in advance.
The annual PoS interest is always without a compounding effect. So it can be a lot more if you don't remove your PoS rewards from your wallet after staking.
And even this is a guesstimate, there are many other variables that can increase/decrease that percentage. For example, Magicoin has a higher % when the net weight is higher.
I don't know of any coins that have a built-in hard limit, but there's no need of that with a proper PoS implementation ^^
