7200% Annual Staking Rewards is like Free Money
Seems a little too good to be true? It isn't... at least for the next two months!
Embercoin (EMB) has been offering 720% annual proof of stake rewards since it's creation back in October of 2016. 720% is the official amount but many close to the devs have said it is mistakenly or not 7200%. This little known coin has been able to stay a hidden secret for some time. It seems it was not until the chaincoin era that most crypt-enthusiasts cared about masternodes or staking. Now, more than ever, we are all insearch of that next coin that will make us filthy rich, or at least get us half-way there.... Embercoin may be able to do that, or at least help... but you only have 2 more months to take advantage of it.
Edit: apparently the current staking % is at 7200% but should be at 720% as the ANN thread states. This will be fixed Nov 1st. See Image below
With a low fan fare, Ember was able to provide rewards of over 10-20% per day because the weight of the total staked coins was only around 25% of the actual supply. I was one of the lucky ones to have this coin brought to my attention about a month ago. I was able to double my initial investment in under a week and hit 5x in just a few weeks.
The cat is out of the bag now and many now know about Ember. There is a dedicated community that has sprung up behind it, including 2-3 developers, and in trying to save Ember from just being a used and abused shit coin they are going to alter the staking % after November 1st. While I was unable to get a ballpark figure from them in their discord chat, I believe it will be significant. They want to eventually roll in masternodes which I assume will take place of the major staking.
How to get in on this for the next two months
- Buy Ember
You can buy it on cryptopia here: https://www.cryptopia.co.nz/Exchange/?market=EMB_BTC
I would suggest buying at least 5 million to get a decent size staking weight. Under 1 million coins usually struggles.
- Download the windows wallet
You can download the wallet on their site here: https://www.embercoin.io/
- Fix the wallet
The wallet does not connect to the network for some reason but it is a known issue and is being fixed. The new wallet release is set for 9/15. Until then, you must go to their discord chat and the step-by-step directions to fix are provided. They are extremely easy to follow: https://discord.gg/P9rUUj
- Send Coins to wallet
- Coins need to stake for 10 hours before maturing
- Enjoy major profits
Here is a sample of what some of my rewards look like on 16 million initial coins:
YouTuber Trevon, just tonight, uploaded a video discussing Embercoin: