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Topic: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin" - page 271. (Read 1151252 times)

legendary
Activity: 1638
Merit: 1001
legendary
Activity: 2940
Merit: 1333
But the risk of exit fraud with an unknown operator on a newly registered newbie account is nearly 100%.

EDIT: Correction, this won't work because as dooglus correctly pointed out most of the investment will already be paid out to earlier investors (thus not available to stake). Just a pozni. Avoid.

There are additional risks from issues like this, where the payout is sometimes sent to the wrong address.
legendary
Activity: 2968
Merit: 1198
Just another HYIP..wondering how long this will last..lol
Too low trading volumes, you need a lot more

I'd have thought the opposite. The higher the throughput of a HYIP, the more "interest" you need to find from somewhere, and so the less able you are to meet your obligations in a timely manner.

It's all very well to say that any shortfall will be made up from staking, but that fails to take into account just how long it takes to earn a 25% return on the total throughput when only part of a single deposit (and possibly the operator's 2% fee on all throughput) is staking at any given time.

Currently the stake rate is over 4% per month so staking 25% wouldn't really take that long. Were it not for the risk of exit fraud this doesn't seem like a bad idea. You get the ponzi/gambling appeal of possibly getting paid back sooner and an expected payment in several months. If claims continue at a high rate than the 4% will drop rapidly, so it could take longer, but even so 25% should be achievable from staking, probably.

But the risk of exit fraud with an unknown operator on a newly registered newbie account is nearly 100%.

EDIT: Correction, this won't work because as dooglus correctly pointed out most of the investment will already be paid out to earlier investors (thus not available to stake). Just a pozni. Avoid.
legendary
Activity: 2940
Merit: 1333
Just another HYIP..wondering how long this will last..lol
Too low trading volumes, you need a lot more

I'd have thought the opposite. The higher the throughput of a HYIP, the more "interest" you need to find from somewhere, and so the less able you are to meet your obligations in a timely manner.

It's all very well to say that any shortfall will be made up from staking, but that fails to take into account just how long it takes to earn a 25% return on the total throughput when only part of a single deposit (and possibly the operator's 2% fee on all throughput) is staking at any given time.
sr. member
Activity: 476
Merit: 250
Just another HYIP..wondering how long this will last..lol
Too low trading volumes, you need a lot more
newbie
Activity: 38
Merit: 0
Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

Just another HYIP..wondering how long this will last..lol

hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

Total net stake is about 1m. Blocks per day is 1440. Each block reward is 1 CLAM. So with 694 CLAMs you will stake one CLAM per day on average (of course this is just an average; each day you may get multiples or zero). With half that, you'll average every other day, etc.
Thanks for summing that up better for me mate I appreciate that Smiley
legendary
Activity: 2968
Merit: 1198
So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?

Total net stake is about 1m. Blocks per day is 1440. Each block reward is 1 CLAM. So with 694 CLAMs you will stake one CLAM per day on average (of course this is just an average; each day you may get multiples or zero). With half that, you'll average every other day, etc.
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?
If you consider the fact that this coin is cratering since months and months you get your answer easily
Well I haven't been paying the closest attention to the coin lately was just wondering if it was even worth me staking any of them at all cause I do have the wallet but didn't know if it was worth trying to stake some or not lol
sr. member
Activity: 344
Merit: 250
CCMINER.NET
So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?
If you consider the fact that this coin is cratering since months and months you get your answer easily
hero member
Activity: 784
Merit: 500
FLY DONATION ADDRESS IN SIGNATURE
So is it really worth even trying to stake CLAMS or do a lot of heavy holders stake the majority making it virtually impossible for smaller stakers to receive any rewards?
full member
Activity: 193
Merit: 100
That ClamBaker thing is easy to understand.

It's a ponzi (everyone knows what it is around here I guess) that promise to pay back the money (with profits) with the stakes if there is no new investors money that is flowing in.
It's a like a weird online staking wallet with a ponzi over it.
I'm not involved but I think that's what the owner wanted to do ?
legendary
Activity: 2968
Merit: 1198
Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

WOW does this mean we can passively invest CLAMS and earn an roi on them? I would love to grow some CLAMS for our asset-backed coin..  Smiley

Absolutely. The Stake-n-Bake system ensures you will always end up in profit.

Make sure to invest from the official CLAM client though.. Investing from an exchange or Just-Dice will likely cause your CLAM to be sent to another account on those sites.


.....and if u run away with our CLAM?

That is a very high risk yes. Newbie account. Be careful kids.


legendary
Activity: 1456
Merit: 1081
I may write code in exchange for bitcoins.
WOW does this mean we can passively invest CLAMS and earn an roi on them?

Of course, you don't really need any third party service in order to claim your stake in the POS system.  As far as I can tell, by the time you set up the official clam client, maybe it's worth it just to stake for yourself.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

WOW does this mean we can passively invest CLAMS and earn an roi on them? I would love to grow some CLAMS for our asset-backed coin..  Smiley

Absolutely. The Stake-n-Bake system ensures you will always end up in profit.

Make sure to invest from the official CLAM client though.. Investing from an exchange or Just-Dice will likely cause your CLAM to be sent to another account on those sites.


.....and if u run away with our CLAM?
newbie
Activity: 25
Merit: 0
Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

WOW does this mean we can passively invest CLAMS and earn an roi on them? I would love to grow some CLAMS for our asset-backed coin..  Smiley

Absolutely. The Stake-n-Bake system ensures you will always end up in profit.

Make sure to invest from the official CLAM client though.. Investing from an exchange or Just-Dice will likely cause your CLAM to be sent to another account on those sites.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!

WOW does this mean we can passively invest CLAMS and earn an roi on them? I would love to grow some CLAMS for our asset-backed coin..  Smiley
newbie
Activity: 25
Merit: 0
Hey folks. Just a little update on the status of ClamBaker.Club.

We are currently back online and deposits have been re-enabled!

Come check out ClamBaker.Club for the worlds first loss-less investment based game!
legendary
Activity: 2940
Merit: 1333
Thanks! Smiley

PrivkeyPart: LnbKQWoXucYyHcr5YZ7RHhJtRbpVhoRdKswSW62oEiJDLSMzhVMS

11:56:45 INFO: sent 0.1953125 CLAM to (598917)

PrivkeyPart: LkdFZaty97gN52rMuptGUbwwRsKTJZoMsRtTzodRvTxo8vNCCWho

11:57:10 INFO: sent 0.09765625 CLAM to (598917)

I have enough vanity addresses now to last for years!
legendary
Activity: 2338
Merit: 1047
In b4 famous Andu Pump crew hits Clamcoin Cheesy!
Wink


Nah I'm always bullshitting Andu about GRF.
Graffiti is the new doge, the next gen shitcoin. We all need a hobby between such important and serious bussiness that clam is.
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