Some people notice the halving of rewards while the frequency of distributed rewards was the same.
01 Apr 2022, 09:17
🚀 Hi 🚀
Some people notice the halving of rewards while the frequency of distributed rewards was the same.
No panic: it won't affect your final payback which is the final accumulated SIN coins when the InfinityNode will expire.
Why?
It is because the expiration of InfinityNode is set in number of blocks and NOT in days. As the block generation is still too slow, your InfinityNode will be online for a longer period. It is initially 365 days but because the block generation is slower as expected... The InfinityNode will be online for more than 365 days. APY is lower, yes, BUT the ROI remains THE SAME.
Example: If you have set an InfinityNode like a BIG and the ROI/APY is 20% as stated by the explorer, you will receive 1,200,000 SIN at the expiration of your InfinityNode with a lifespan of 372 days let's say (if the frequency does not change, the InfinityNode will live 2 years ...). 💪
What happens next?
The InfinityNode users will then receive all the rewards where the accumulated amount will be AS USUAL.
A wallet upgrade was scheduled but not mandatory anymore. We are investigating if we need to finally lower the difficulty or let time people to stake and to reach he 50 million of staked coins.
We will resume the wallets of exchanges asap and ensure all the upgrades have been processed by the third-parties. (Need 1-2 working days to set it up)
For HCO users, we are investigating a solution for yu. No worries, your coins are not lost!
THANK YOU our community for your support and patience! Finally, a HAPPY ENDING for everyone! ❤️
P.S.: I wrote this quickly as the information just reached me.