![]() ![]() The bonus rate is locked at the time of the transaction, the rate you can achieve reduces over time due to the multiplier, but once you're earning that bonus rate, it doesn't reduce.Bonus rates are paid on regular balances as well.When a Term Deposit matures, it stops earning interest - you need to move it to start earning interest again.Standard interest payment 5% on all outputs for up to 30 daysīonus interest payment for early adopters, decreases over 24 months Time.1 HODL token subsidy for first 100 blocks. ![]() ![]() 50 HODL subsidy per block (Halving every 4 years).Note: No changes to mining subsidies, interest rates, distribution etc. The PoW Algorithm is considered a technical detail and is subject to change to favor CPU and consumer grade hardware with the intention of keeping mining participatory and distributed. Interest is handled in the blockchain and protocol using CHECKLOCKTIMEVERIFY. Term deposits also constrain supply - term deposit coins cannot be moved until term ends.This allows users to lock up funds for a specified amount of time up to a year, to earn a bonus rate of interest. Paid on Term Deposits (aka Fixed deposit / time deposit) Unconfirmed transactions become more valuable over time, as their inputs continue to earn interest.Encourages exchanges to trade in the coin, as they can earn interest on customer's deposits.30 day limit encourages term deposits, reducing supply.30 day limit will dilute abandoned balances, reducing supply.Interest encourages users to keep their balances, reducing supply.Interest discourages users from leaving large balances on exchanges - expensive to maintain large sell walls.Exciting for HOdlers to see their balances continually increase as each block is received.This is to discourage rolling outputs into new blocks simply to compound interest. Interest is paid on all outputs ( Balances) and compounded on each block. This is to recognize the importance of HODLers and properly reward them for HODLing. HOdlcoin is a Cryptocurrency just like Bitcoin, but with one major difference. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |