1. What is POS? In English means Proof of Stake. Use coin to dig out coin.
2. With a coin, want to raise prices in addition to update the good news or good technology, the creation of scarcity in the market will be a way to push up prices very quickly! It is possible to burn a coin like Trig.
3. With MAGE, they created the Proof of Stake as a tool to get players to gradually switch to the holder. Just bring your wallet and your wallet, and you will pay interest on a daily or monthly basis in coin. Hold as much, the higher the interest rate. The more money you save, the higher the interest you get each month.
4. Because of this, when the player hold more and more, creating a scarcity of coins in the market. Coin prices rise. You will be profitable because you are paid interest in coin, your coin increases but the price also increases. Mutual benefit, MAGE also benefits. Both sides win. Coin price increases are the ultimate goal.
5. One more thing will increase the price of coin when MAGE uses the "buy back" mechanism, meaning using revenue from business activities to periodically buy back the issued currency and cancel it, reduce the supply, increase the price of the currency. Thus, the owner will certainly benefit from (1) re-selling the currency when a buy-back (2) gains the currency. This is used when there is a large amount of investors coming to the floor.
6. HERE is the coin POS_POW HYBRIT COIN: is the coin regulation digging in the ratio of Pos and pow
- Every day digging 1440 blocks equals 1 minute = 1 block
- Each block in the first year is 2 coin / block
- In the second year, 1 coin / block
- In the third year, there is 0.1 coin / block
- First year: 10 coin / block
- Year 2: 5 coin / block
- Year 3 onwards: 0.5 coin / block