Difference between revisions of "Rewards"
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CloakCoin offers a 6% [[Glossary|Proof-of-Stake]] reward per year and users can also share in the network's 1,8% [[Features|ENIGMA]] transactions support fee. | CloakCoin offers a 6% [[Glossary|Proof-of-Stake]] reward per year and users can also share in the network's 1,8% [[Features|ENIGMA]] transactions support fee. | ||
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'''''- Note that you get the PoS reward when you create a bock, it's not just switch on the wallet and get the reward, it's similar to finding a block with PoW. Chance and luck comes into play in the process, but your coins will stake and get the 6% per annum.''''' | '''''- Note that you get the PoS reward when you create a bock, it's not just switch on the wallet and get the reward, it's similar to finding a block with PoW. Chance and luck comes into play in the process, but your coins will stake and get the 6% per annum.''''' | ||
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With a 6% dividend yield annually, CLOAK has much to offer for investors. 6% annual interest is paid on the amount of CLOAK an investor holds in his wallet wach time the Coins are minting, there's a fraction of the annual interest paid as an incentive for supporting the network. Minting is possible on any computer (even low-end!) and hardly any energy consumption. | With a 6% dividend yield annually, CLOAK has much to offer for investors. 6% annual interest is paid on the amount of CLOAK an investor holds in his wallet wach time the Coins are minting, there's a fraction of the annual interest paid as an incentive for supporting the network. Minting is possible on any computer (even low-end!) and hardly any energy consumption. | ||
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Revision as of 11:24, 6 December 2017
CloakCoin offers a 6% Proof-of-Stake reward per year and users can also share in the network's 1,8% ENIGMA transactions support fee.
- Note that you get the PoS reward when you create a bock, it's not just switch on the wallet and get the reward, it's similar to finding a block with PoW. Chance and luck comes into play in the process, but your coins will stake and get the 6% per annum.
With a 6% dividend yield annually, CLOAK has much to offer for investors. 6% annual interest is paid on the amount of CLOAK an investor holds in his wallet wach time the Coins are minting, there's a fraction of the annual interest paid as an incentive for supporting the network. Minting is possible on any computer (even low-end!) and hardly any energy consumption.