Creative Coin Proof of Stake!
Greetings Creative Coinians!
About a month ago, Creative Coin announced that we would be implementing Proof of Stake rewards.
There were some delays due to Steem Engine, but thankfully @eonwarped came to the rescue and used his magical tech wizardry to make it happen last week!
Thanks, Eon!
Here's the new CCC Distribution Model:
Proof of Brain: 70%
Mining: 15%
Proof of Stake: 10%
Management Team: 5%
What is Proof of Stake???
Basically the more CCC you have staked (powered up), the more daily CCC rewards you will get.
I wanted to implement POS to encourage staking and to reward those who choose to stake.
Powering up your CCC helps everyone. It increases the amount you give when you upvote, it increases the amount you receive through curation, and now you can receive even more with POS.
Those who are constantly dumping their CCC every day are essentially lowering the value of Creative Coin. Powering up your CCC helps the entire ecosystem by increasing the value of the coin.
So, power up your CCC and earn even more through POS!
Powering up your CCC also makes Snibby the Cat happy.
Please don't make Snibby sad.....
Very nice change ;)
Hi isaria, those the delegated ccc count as stake? If yes, to who?
Thanks
Posted using Partiko Android
😁👍🏽💜
Posted using Partiko iOS
Yeah and amen. I think my ccc is automatically staked when ever i claim my rewards. I wonder if accounts delegated would also get the Pos rewards as it is still staked although not reflected in the owner account.
Hi, @isaria!
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Creativecoin growing bigger and stronger!!!
I for one will be making Snibbly happy.
very good news for us.