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RE: Questions that keep buzzing in my head about GridCoin Staking

in #grc7 years ago (edited)

A year's worth of interest at 1.5%, on 36m coins, is 540k. So, why have these coins already earned 421k in ~11 weeks? Seems on-track to earn ~2m in interest over the course of a year, or 5.5%. What am I missing here?

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probably owed interest?

These are the 2017 transactions for test1235
![](https://steemitimages.com/DQmcUtwu1sAr5e77vG5VtCdZo5peocD9pgbyXuzvyjEhZCM

With 863 thousand GRC interest payed for 2017 I don't know how much more interest the system might owe.

maybe someone in the know will explain to us, I have the same questions as you.