PoS Mining, as a featured function in HyperPay, has supported eight cryptocurrencies, namely QTUM, DASH, DCR, HC, NULS, VSYS, ATOM and SERO, and is to add a new popular coin — IOST.
About IOST
IOST is an ultra-fast, decentralised blockchain network based on the next-generation consensus algorithm “Proof of Believability” (PoB). Led by a team of proven founders and backed by world-class investors, our mission is to be the underlying architecture for online services that meets the security and scalability needs of a decentralized economy. *
HyperPay IOST PoS Mining is scheduled to be launched at 17:00(UTC+8) on Aug 20th with two models, including regular PoS and high-interest PoS. The annualized reward of IOST high-interest PoS is up to 16% and the regular PoS rate is 5%.
Details of IOST high-interest PoS are as follows:
Total amount: Unlimited
Individual limit: Unlimited
Launch time: 20/Aug/2019 17:00(UTC+8)
PoS Reward: 16% annualized reward
Reward distribution: Rewards will begin to accrue after 24 hours when IOST is deposited into PoS mining pool. The reward users receive will be automatically transferred to the pool every day to produce more reward. According to the IOST staking rules, it takes 7 days to withdraw IOST out of the pool.
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*Reference: https://iost.io/
