POS Reward scheme in Altcoins | Bitcointalksearch.org

Coolman4

newbie

Activity: 72

Merit: 0

Quote from: David78k on October 29, 2018, 09:18:50 AM

so if i have 100 coins and coins is giving 2% it is 2 coins per day ? and if i stake it for 1 year i get 500% apr
i am new to this if any can provide link to learn about this it would be really helpful

even i finding out how ROI% and APR% is calculated i am really conduced about this

i think its calculated on how much block as moved right ??

David78k

newbie

Activity: 70

Merit: 0

so if i have 100 coins and coins is giving 2% it is 2 coins per day ? and if i stake it for 1 year i get 500% apr
i am new to this if any can provide link to learn about this it would be really helpful

David78k

newbie

Activity: 70

Merit: 0

Quote from: Awesomus Maximus on October 29, 2018, 06:53:23 AM

As already stated, you have to hold a certain amount of altcoins to be able to get a portion of the reward designated for staking. As for which ones to choose, that's a good question. Choose the ones that are more established, even though they promise less return. The ones that promise huge returns but are not very well known, may depreciate in time, so the return may depreciate too. Here is a list of decent coins you may choose from: https://www.investinblockchain.com/best-proof-of-stake-coins/

yes thanks
so your are telling to chose coin based on performance not based on rewards right

nthere

member

Activity: 229

Merit: 11

It's a way of consensus mechanism for POS. You can think that staking rewards as like a mining income for POW.

Kevin43

copper member

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Merit: 0

Quote from: Alluro on October 29, 2018, 06:48:48 AM

POS means proof of stake. If you are hodling any staking coin, you will be rewarded with the same coin or another token. The rewards depend on how many coins you're hodling. The most famous staking coin is NEO. If you are hodling NEO, you will be rewarded as GAS.

for neo reward is in GAS

for other coin it will be different ??

Awesomus Maximus

member

Activity: 392

Merit: 66

As already stated, you have to hold a certain amount of altcoins to be able to get a portion of the reward designated for staking. As for which ones to choose, that's a good question. Choose the ones that are more established, even though they promise less return. The ones that promise huge returns but are not very well known, may depreciate in time, so the return may depreciate too. Here is a list of decent coins you may choose from: https://www.investinblockchain.com/best-proof-of-stake-coins/

Alluro

member

Activity: 742

Merit: 19

POS means proof of stake. If you are hodling any staking coin, you will be rewarded with the same coin or another token. The rewards depend on how many coins you're hodling. The most famous staking coin is NEO. If you are hodling NEO, you will be rewarded as GAS.

David78k

newbie

Activity: 70

Merit: 0

How POS reward scheme works , there are so many altcoins offering many types of staking rewards , which one to chose for investment ?

Topic: POS Reward scheme in Altcoins (Read 173 times)