In case you were unaware the 40 airdrop phase for DeepOnion is almost complete. There's just one drop left, and then the event is over. Once the airdrop is gone you'll still be able to earn $Onions, but it'll be much more difficult. Now, you'll have to either mine or stake them for the most part. While this is still a viable way to get your $Onions the return rate is not nearly as great as it was for the airdrop. That however, will be dropping as well.
For the first year, the staking percentage for DeepOnion is set to be 10% annually. That's fairly generous, but this is a time based percentage, the purpose of which is to raise the demand for the coin. After this initial year is up that percentage will fall to 5%. That's a very large reduction in the number of new coins being minted. It also means people will need to hold more coins if they want to mint the same number of coins they have in the past. This can effectively drive up the demand for $Onions in the future as more people look to add income generating cryptocurrencies to their portfolio. After the second year, that earned percentage will fall again, down to 1%, where it will rest permanently.
What about miners? Yep, there will be reduced rewards for them as well. The blocks will be sliced in half. As of now, a block generates 8 coins, but that will become 4 in the not too distant future. This means that miners will need to compete more fiercely for the available coins, and the price will need to rise to compensate for this. Eventually, this will fall to as little as 1 $Onion per block. I'm sure you can see how this type of reduction could have a dramatic effect on the price of DeepOnion. As these coins become harder to acquire people will hold on to the ones they have a little tighter.
For you, as a potential investor, this is good news. Why? It's because you still have an opportunity to pick up some cheap $Onions or to try mining some for yourself before the block halfing happens. If you're not capable of mining or investing, then you can also head over to the DeepOnion forums to try and win yourself some coins in their weekly contests.
The 1st year reward halving for POW and POS occurs on July 12, 2018
Proof Of Work block rewards will drop from 8 $Onions to 4 $Onions
Proof Of Stake block rewards will drop from 10% annually to 5% annually
The 2nd year reward halving for POW and POS occurs on July 12, 2019
Proof Of Work block rewards will drop from 4 $Onions to 2 $Onions
Proof Of Stake block rewards will drop from 5% annually to 1% annually
The 3rd year reward halving for POW occurs on July 12, 2020
Proof Of Work block rewards will drop from 2 $Onions to 1 $Onion
