Limitless BoostyFi Time:02-29-2024 Read:1238
A couple of clarifications on nodes, and alot more details will be given on the AMA session on Friday with the BCS Team.
1) each node has a fixed supply of original coins that will be minted, which can be seen in your back office, plus once the blockchain goes live on Sept 1st, the nodes will earn additional coins from validating the network transactions. The validating rewards and additional node rewards of each pack will be on-going, with no fixed supply or limit.
2) the minted coins will have a vesting schedule, with a portion being released 6 months after minting begins. It's a very fair schedule, especially because we will be the only coin holders in the open market for 18 months after launch. Details of the emission schedule and vesting schedule will be covered on Friday's call.
3) Coins earned from validating are all instant release to your wallet, minted coins have a schedule.
4) Minted tokens that are vested will earn additional staking rewards as well
5) the BCS team has big experience in this space, and already has major exchanges lined up, and a very strong strategy to control supply and demand while creating a very strong chart and very strong marketing in the crypto world. This coin is going to the moon.
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