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RE: Questions that keep buzzing in my head about GridCoin Staking

in #grc • 7 years ago (edited)

A year's worth of interest at 1.5%, on 36m coins, is 540k. So, why have these coins already earned 421k in ~11 weeks? Seems on-track to earn ~2m in interest over the course of a year, or 5.5%. What am I missing here?

7 years ago in #grc by
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     7 years ago (edited) 

    probably owed interest?

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     7 years ago (edited) 

    These are the 2017 transactions for test1235
    ![](https://steemitimages.com/DQmcUtwu1sAr5e77vG5VtCdZo5peocD9pgbyXuzvyjEhZCM

    With 863 thousand GRC interest payed for 2017 I don't know how much more interest the system might owe.

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       7 years ago (edited) 

      maybe someone in the know will explain to us, I have the same questions as you.

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