Proof-of-Stake with 15% Block Reward
Published in
1 min readAug 30, 2018
Today, we will be discussing the Node Staking block reward for the BlockNode Network.
For staking, a very general rule of thumb is that for every 1000 BND you can expect a staking reward once every 30 days, but remember that this is a completely randomized process. You may go for 15 days without a reward and then get 2 in 1 day. The BND tokens in your wallet need to be mature before they can be used for staking — tokens mature after 101 confirmations in your wallet.
The reward for each PoS (Proof-of-Stake) block is split as follows:
- 80% to Masternodes.
- 15% to staking nodes.
- 5% to governance.
