Big News: Nerves staking rate adjustment (up to 120% per year); A new exchange is availble soon

Nerves Foundation
Nerves Foundation
Published in
2 min readNov 1, 2018

Dear Nervesians,

It’s been 3 days since the official launch of staking program, and we have received positive responses from the investors and a large amount of Nerves has been staked ( 1 MasterStake and 3 SuperStake). However, there are just a few investors know about Nerves stake program. After internal discussion, we decided to make a big change regarding the staking rate to increase investor’s interest.

Details

  • “Stake”: minimum stake amount of 50,000 NER → staking rate increases into 8%/month (96%/year)
  • “SuperStake”: minimum stake amount of 50,000,000 NER → staking rate increases into 9%/month (108%/year)
  • “MasterStake”: minimum stake amount of 200,000,000 NER → staking rate increases into 10%/month (120%/year)

Note 1: Rate of investors already staked will be automatically icreased without any further action.

New staking rates will be applied starting today. Investors can now stake and get the benefit based on the new rate

So there’s a big question that investors may ask: “Are Nerves tokens enough to pay for investors?”

Answer “We have calculated carefully the amount of Nerves for payment for investors and do not forget that after a certain amount of time (12 weeks for “Stake”, 6 weeks for “SuperStake” 3 weeks for “MasterStake”) you will start earning ETH as the rewards”.

In the conditon of stable BTC price:

  • If you get the profit at NER price = 20 sat, you will get ETH ~ 4 BTC per month
  • If you get the profit at NER price = 40 sat, you will get ETH ~ 8 BTC per month
  • If you get the profit at NER price = 60 sat, you will get ETH ~ 12 BTC per month

Note 2: A new exchange is coming very soon, detail information will be annouced to the investors soon. We are now focusing on top Korean and Global exchanges.

The complete Staking Guide: https://medium.com/nerves-foundation/the-complete-staking-guide-5ac937ac8589

Hope you enjoy staking Nerves!
Best Regards.

--

--