Stake on! Compound Coin ($COMP) - 250% POS coming to 500% soon - will be listed on Topia!

lucasgabd (55)in #cryptocurrency • 7 years ago (edited)

I'm quite interested on staking coins and believe that we have a good possibility here.

Compound Coin is an experimental coin that reward holder by staking the coin and make your asset grow bigger.
They started as a swap of UKcoin after the chain got stucked and saved many of UKc hodlers.

Last week COMP got as high as 11 sats on Yobit and now is again trading at 4 sats. I got some more at 4 and already staking. For me it's a buy for anything less than 5 satoshi.
They already submitted request to be listed on Cryptopia and it was approved, will happen soon
Make sure to create an account an prepare yourself!

these are the technicals:
Coin Name: Compound Coin
Short Name: COMP
Algo: X11 POS/POW
2 Minute Block
Port/RPC Port: 8422/8442
Min/Max Stake Age: 1/30 Days

Rewards
POW
Block 0-1000 = 1 COMP
Block 1000-50000 = 100 COMP
POS
Block 0-1000 = 10% APR Due to wallet error, no reward here, think about it is grace period time until everyone get their coin swapped, so becoming more fair for everyone Wink
Block 1000-50000 = 250% APR
Block 50000-100000 = 500% APR
Block 100000-500000 = 250% APR
Then percentage will halving every 500000 blocks until from block 2500000 = 7.8% APR
Block time is 2 minutes, so 1000 block is about 1,389 days.

They also created a faucet that distributes small amounts of COMP every hour if you're interested on testing how the wallet works

Make sure to check their ann on bitcointalk and follow them on Twitter.

Stake on!

Remember: always do your own research and never invest more than you can afford to loose!

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