Rewards
CloakCoin offers a 6% Proof-of-Stake reward per year and users that offered themselves to assist a ENIGMA transaction can also receive a reward fee.
- Note that the timing of the staking reward is not linear, you get the reward when you create a block, 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.
Pos reward
With a 6% PoS 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. Each 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 with minimal energy consumption.
Enigma assistence reward
A Cloaker participant receives incentives in the form of reward fees. The reward fees are randomly split, 80%-120%, of an equally split Enigma fee.
Enigma rates charged to sender:
| TX Amount | Enigma Fee % | CLOAK Fee |
|---|---|---|
| 0 | 1.00 | 0 |
| 10 | 0.992 | 0.0992 |
| 50 | 0.96 | 0.48 |
| 100 | 0.92 | 0.92 |
| 200 | 0.84 | 1.68 |
| 300 | 0.76 | 2.28 |
| 400 | 0.68 | 2.72 |
| 500 | 0.60 | 3.00 |
| 600 | 0.52 | 3.12 |
| 700 | 0.44 | 3.08 |
| 800 | 0.36 | 2.88 |
| 900 | 0.28 | 2.52 |
| 1000 | 0.20 | 2.00 |
| 2000 | 0.20 | 4.00 |
| 3000 | 0.20 | 6.00 |
| 4000 | 0.20 | 8.00 |
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