Specifications: Subsidy: 50 HODL subsidy per blockInterest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLersFair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks Port: 1989RPC Port: 11989Testnet Port: 8989Proof of Work: 1GB AES Pattern Search POWCodebase: Bitcoin 0.11.2Interest *NEW* Current Interest Rates and Page - http://hodlcoin.github.io/ 1. The Standard Interest Rate Interest is paid on regular balances (outputs), on every block, for a period of up to 30 days (561x30 blocks). The rate is 0.0000002384185791015625% (1/2^22). It's compounded every block, so the rate is approximately 5% APR. However, remember there is a maximum of 30 days, so to get that APR, you'd need to log in each month and shuffle the HODL to a new address. 2. Bonus Interest Rates To encourage early adoption, astronomical rates of interest are paid in the early months. The max rate is 0.0000152587890625 (1/2^16). Compounded, the rate is 2174%. It's reduced every block by a multiplier - calculated like this =((409530-X)/409530)^4 (X is the block where the balance is recorded as an output). To calculate your bonus rate, you can use this formula. Principal + (Standard Interest + (Bonus Interest * Bonus Multiplier) Bonus rates Day 0 ~ 2174%Day 30 ~ 1881%Day 60 ~ 1543%Day 90 ~ 1317%..Day 660 ~ 0.230% APRDay 690 ~ 0.029% APRDay 730 ~ no bonus3. Term Deposit Bonus If you lock an amount of HODL as a term deposit, you can also get a bonus on the interest. The longer the deposit, the bigger bonus. The bonus is just a multiplier of the interest, so if you locked up 100 HODL for 1 year, you'd expect a return of 5 HODL. The term deposit bonus for 1 year is about 100% - so at the end of the term you'd have 110 HODL (Capital 100 + Interest 5 + Term Deposit Bonus 5). See the chart for the multipliers, or use this formula - =(1-((409530-X)/409530)^6)*100 (X is the number of blocks to lock for, min 2 days, max 1 year) So to calculate your full bonus return on a term deposit . . . it'sPrincipal + ((Standard Interest + (Bonus Interest * Bonus Multiplier))*Term Deposit Multiplier) Term deposit Rates 1 week term deposit ~ 5.6% bonus on interest1 month term deposit ~ 22% bonus on interest3 month term deposit ~ 55% bonus on interest6 month term deposit ~ 82% bonus on interest1 year term deposit ~ 98% bonus on interestn.b. When a Term Deposit matures, it stops earning interest - you must move it to start earning interest again. n.b. Bonus rates are paid on regular balances too n.b. The bonus rate is locked at the time of the transaction, the rate you can achieve reduces over time due to the multiplier, but once you're earning that bonus rate, it doesn't reduce. (Description provided by CryptoCompare)
