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Topic: [HYP] HyperStake | Generous Reward Staking | Advanced Staking Controls & Wallet - page 343. (Read 679350 times)

legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
HYP is coin of the day on Coin-swap, no buy fees today. Best time to buy...
hero member
Activity: 644
Merit: 500
the price has came back well on coinswap.people must be kicking themselves for selling in the 250-300 range Grin
sr. member
Activity: 476
Merit: 250

Community Update

Good morning! Bit of a quiet weekend but there are some updates on the horizon.

Presstab has promised information on the incoming fork, as well as his plan for inflation control within the next 24 hours. He and David are
currently mocking up a roadmap so that future plans are clear and laid out for the community.

However since there is a fork planned, it's less important to rush onto a large exchange until we are completely stable.
That said, do what you can to support the exchanges who were smart enough to pick HYP up in its early stages. Trade on
https://coin-swap.net/market/HYP/BTC and https://www.allcoin.com/trade/HYP_BTC to keep the volume fluid.

Offloading can and will happen with all new coins as people move on to the next little pump. Our team is in it for the long haul.
You won't find any disappearing acts here  Lips sealed

We were added to a new exchange but the community consensus is to AVOID it like the plague. Say no to 'coincubess' lol

If you are on Twitter, help HYP get noticed. Tweet #hyperstake as well.
https://twitter.com/BittrexExchange
https://twitter.com/Poloniex
https://twitter.com/cryptsy

The irc is always open and it's usually raining HYP! Join us on freenode at ##hyperstake
sr. member
Activity: 414
Merit: 251

Be first Susanin :-)
That quote lead to an interesting Wikipedia read. thanks
sr. member
Activity: 403
Merit: 250
Probably a scam? ? ? ? ?

I just did a quick tally up of their coins trade over the last 24 hours, and it comes in close to 1,000 BTC!!!!

Anyone got a bargepole they can lend me?

ye u can buy vrc there 30% cheaper then the rest of the world.
only after your btc or what ever coin u choose goes in u wont ever see it again.

Has anyone Tested it ?

Be first Susanin :-)
legendary
Activity: 2020
Merit: 1041
Probably a scam? ? ? ? ?

I just did a quick tally up of their coins trade over the last 24 hours, and it comes in close to 1,000 BTC!!!!

Anyone got a bargepole they can lend me?

ye u can buy vrc there 30% cheaper then the rest of the world.
only after your btc or what ever coin u choose goes in u wont ever see it again.

Has anyone Tested it ?
sr. member
Activity: 420
Merit: 250
Probably a scam? ? ? ? ?

I just did a quick tally up of their coins trade over the last 24 hours, and it comes in close to 1,000 BTC!!!!

Anyone got a bargepole they can lend me?
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Just an update to everyone. I am working on a roadmap that will detail the development goals for HyperStake over the long term and also give information about the coming fork to reign in inflation.  Hope to have the release out in a day.

will it also stake more then ? if u could (besides the inflation upgrades u have planned) half the staking amount and have it stake 2as much.
(im not trying to milk a % increase im just looking to move the blockchain along)


The update is going to slow the block target down and this will create a bigger queue of blocks ready to stake at any point, thus solving the chains problem with consistency.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Got picked up by a new exchange, let me know how they are https://www.coincubess.com/trading/HYP_BTC

Looks suspicious at first glance.

lol A little shady indeed! Can't seem to figure out how to get a BTC deposit address which is not encouraging for an exchange. Anyone trade here before?

[edit] Could be a scam https://bitcointalksearch.org/topic/scam-alert-fake-exchange-coincubess-scam-alert-702513 presstab did you get an email like this?

Yep that is the message I got. The volume and coin amounts don't make sense there so probably a scam.
legendary
Activity: 2020
Merit: 1041
Just an update to everyone. I am working on a roadmap that will detail the development goals for HyperStake over the long term and also give information about the coming fork to reign in inflation.  Hope to have the release out in a day.

will it also stake more then ? if u could (besides the inflation upgrades u have planned) half the staking amount and have it stake 2as much.
(im not trying to milk a % increase im just looking to move the blockchain along)
legendary
Activity: 2020
Merit: 1041
Got picked up by a new exchange, let me know how they are https://www.coincubess.com/trading/HYP_BTC

Looks suspicious at first glance.

lol A little shady indeed! Can't seem to figure out how to get a BTC deposit address which is not encouraging for an exchange. Anyone trade here before?

not me but look at the numbers its dumped down there with huge numbers 100k 80k weird stuff and huge volume like on coin-swap before.

Edit:
it has 27btc volume between 200-400 sat ? weird stuff.
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
Got picked up by a new exchange, let me know how they are https://www.coincubess.com/trading/HYP_BTC

Looks suspicious at first glance.

lol A little shady indeed! Can't seem to figure out how to get a BTC deposit address which is not encouraging for an exchange. Anyone trade here before?

[edit] Could be a scam https://bitcointalksearch.org/topic/scam-alert-fake-exchange-coincubess-scam-alert-702513 presstab did you get an email like this?
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Got picked up by a new exchange, let me know how they are https://www.coincubess.com/trading/HYP_BTC

Looks suspicious at first glance.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
frozen on 37774 block

Same, but only for a couple hours. It's probably just nobody staking atm.  We're not far enough into the game to have people staking hourly yet. So it's going to move in fits and starts.

Can't speak for anyone else, but I will have my blocks configured to stake at least once a day within a month. Small amounts to be sure, but it will move the chain.

Correct. It is lack of mature blocks. I have some mature but I only fire up my wallet every few hours to push the chain along. Need to save enough to last through the rough patches. Pretty soon this will be a thing of the past.
legendary
Activity: 1372
Merit: 1022
Anarchy is not chaos.
frozen on 37774 block

Same, but only for a couple hours. It's probably just nobody staking atm.  We're not far enough into the game to have people staking hourly yet. So it's going to move in fits and starts.

Can't speak for anyone else, but I will have my blocks configured to stake at least once a day within a month. Small amounts to be sure, but it will move the chain.
sr. member
Activity: 403
Merit: 250
hero member
Activity: 598
Merit: 501
No you aren't missing anything. Proof of Stake coins are quoted in annual percentage rate (APR) which doesn't take into account compounded. The effective annual percentage rate is the rate when taking into account compounding.

So this would mean HBN's APR is 100%, CAP 200%, etc.
Could someone enter the APR and EAPR values for PHS, HBN, GRW, CAP, TEK and HYP? Thank you.

Great, thx for all the answers.
hero member
Activity: 658
Merit: 503
Monero Core Team
No you aren't missing anything. Proof of Stake coins are quoted in annual percentage rate (APR) which doesn't take into account compounded. The effective annual percentage rate is the rate when taking into account compounding.

So this would mean HBN's APR is 100%, CAP 200%, etc.
Could someone enter the APR and EAPR values for PHS, HBN, GRW, CAP, TEK and HYP? Thank you.
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Is 750% annual stake really correct? I got my first staked coins today, it was over 20% in 11 days. That seems to be far more than 750% annualy???

Zeeman it sure is 750%. This would be the formula for 11 days: 7.5/365*11=22.6%


Maybe I'm not into this enough to get it. But when I stake Tekcoin I make about 40% each month. To calculate the yearly stake I use:

1000 coins:

after 1 month > 1400 coins.
after 2 months > 1.4 * 1400 = 1960 etc.

What about HyperStake? 22,6% after 11 days, so
aftyer 22 days there is some compounding isn't it??

1000 coins:

after 11 days > 1226
after 22 days > 1.226 * 1226 = 1503
after 33 days > 1.226 * 1503 = 1842,6
This is already 84% after 33 days.

After 12 months this numbers get's way above 750%
Or am I missing something?


No you aren't missing anything. Proof of Stake coins are quoted in annual percentage rate (APR) which doesn't take into account compounded. The effective annual percentage rate is the rate when taking into account compounding.

So this would mean HBN's APR is 100%, CAP 200%, etc.
hero member
Activity: 658
Merit: 503
Monero Core Team
After 12 months this numbers get's way above 750%
HYP's 750% is annual rate, without compounding (that is, if you sold your stake just after they matured).
TEK's 500% per month is also non compounded. Compounded, it is around 5570%.
HYP's inflation control is about reducing compounding interest without changing the annual interest. All of these without disincentivizing people from securing the network. Granted, you would earn less HYP than TEK at the end, but what matters is not the amount of coins (or else, CENT would have succeeded) but the value of coins. This is this fine balance between reward, security and value that we are trying to achieve.
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