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RE: Gridcoin StakeV8 in effect for 4000 blocks: stats and analysis

in #gridcoin7 years ago (edited)

I have to say that i find the ratio also strange. I think its to much in favour of interest. I do not know if this was always this way. Its the first time i come across numbers for this - but to my understanding it is 6 times more interest after the update. This means the BOINC contribution is valued less. Which feels wrong from my point of view.

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Yes, it is strange. But remember, that the AMOUNTS paid were not changed. StakeV8 only indirectly affects, WHEN you will be paid the interest or BOINC reward. If you average it over long time, it should be the same (assuming no transactions happen, which destroy interest, etc).
The formula for interest is and was Tx.Value*Tx.Age*InterestRate, which is also called Coin*Age interest. (assuming correct units).

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