Generate 2% annual interest on your rewards that are granted to your Coinbalance account in Solcrypto. At any stage you can withdraw your rewards.
I am a SolarCoin claimer, what do I do now?
If you have a claimer account with Solcrypto, and have successfully claimed rewards from your solar panels with us, we can make it easy for you and earn the interest on your behalf. All you need is some solar panels generating solar energy and an account with us. You can withdraw your rewards at anytime from your Solcrypto account.
Rates and Fees
|Interest Rate (%p.a.)||Withdrawal Fee (%)|
The total amount of coins will be the original amount plus the 2% p.a. interest. Please note that a 0.45% fee for withdrawal of your coins from your coinbalance applies.
If you have further questions about our staking policy you can always contact us.
What is Proof-of-stake-time (PoST)?
Essentially it is an easier method to secure the blockchain that is SolarCoins base. It just needs everyone with SolarCoins on their computers to "talk" to each other every so often. These wallets tell each other that they are existing, and how many SolarCoins they have. This increases the security of the network, with no one person or group controlling it. The great part by participating in this, is the fact that you get rewarded with interest on your coins that you own. This is all done mathematically on the blockchain. This method is one of the most advanced algorithms in the cryptocurrency space.
To earn interest on your coins you need to keep your solarcoin wallet on your computer running in the background. The longer the wallet is on and actively staking (turning on the stake button in the wallet) the more interest you earn. Solcrypto will be staking on the SolarCoin blockchain 24/7 with our specialized method starting in October 2015 and users don't need to do anything different.