Unobtanium = a greater / wider community than this thread
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Jumbucks Decred Stake Pool officially open!
Hi all,
If you have been following the altcoin markets lately, then you are probably aware of Decred [$DCR]; a new hybrid proof of work/proof of stake coin which uses a unique method of ticket purchasing to payout staking rewards in a lottery-type system. $DCR staking revolves around some really impressive multisig cold staking innovations, which allow individuals to securely stake their coins without having their computer on 24/7. This is accomplished through the official Decred stake pools. There will only be a maximum of 10 Decred stake pools, and I am excited to announce that I and @cryptokrill are in charge of one of these official pools.
Most of the other Decred stake pools charge a 5 - 7.5% fee for the tickets, which go towards the pool devs and paying server fees for backup voting servers. For the stake pool under our care, we have reworked the traditional fee structure in a way that benefits $JBS holders and grows the Jumbucks community.
While our stake pool publically has an 8% fee, it breaks down in the following manner: 4% will be allocated for pool maintenance and server costs (currently 1 web server and 3 geo-located staking servers), 2% will be allocated to a Jumbucks development fund, and 2% will go towards $JBS marketbuys. These $JBS marketbuys will then be rewarded back to the stake pool users periodically.
This will make the Jumbucks Community Pool competitive in fees, and the cheapest in terms of straight pool maintenance and sever costs. Furthermore, the overall structure will strengthen the Jumbucks ecosystem through stimulated market activity, rewards to users, and the opportunity to bring new cryptocurrency enthusiasts into the Jumbucks community.
As a reminder, 2% of the pool fees will be refunded in $JBS, straight to your Jumbucks wallet. Users who do not enter a Jumbucks address will forfeit their refunds, and the 2% will be applied to the overall pool maintenance fund.
Despite launching later than the other Decred staking pools, our pool is already ranked 2nd in terms of live tickets! If you have $DCR and would like to take advantage of its innovative proof of stake system, or if you have $JBS and want to increase your stash, check out
http://dcrstakepool.getjumbucks.com and start staking today!
Happy DCR staking!
Thanks,
Julian
Jumbucks is a Fair Launch cryptocurrency which launched in September 2014 without an IPO and with zero premine. Jumbucks currently runs as 100% Proof of Stake, and is currently traded on Bittrex and Cryptopia. Find out more information at GetJumbucks.com.
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