SODACOIN

 

WHAT IS SODACOIN ?

1. Sodacoin (SODA) is a Proof-of-Stake coin.
2. Sodacoin is a Scrypt based coin not a token!
3. SODA has 100% annual staking rates.
4. Maximum supply is set at 1 billion SODA only.
5. Initial supply was 10 million SODA (it has increased since as users are actively staking their coins)!
6. It will take about 6 years in total for all SODA to be mined as staking rewards (1 billion SODA).
7. Staking is automatic. You just have to leave your coins in your wallet for a minimum of 1 hour and that’s it. It will start staking (mining) automatically.
8. Your wallet does not need to be online to stake. However, it is highly recommended that you do. This will decentralize the Sodacoin network.
9. There is NO ICO for SODA. Only airdrops! 90% of the total initial supply (9 million) is distributed as airdrops and bounty rewards!
10. Sodacoin (SODA) will continuously be used on the Coinsoda Exchange as one of the main trading pairs and as a form of payment to list new coins/tokens.

HOW STAKING WORKS

Checklist

1. Sodacoin Wallet (Download Here)
2. Sodacoin (SODA) — (Join the airdrop campaigns)
3. Keep your coins on your wallet for at least 1 hour to start accumulating staking weight

What is staking weight?

Staking weight is an indication which lets you know when you will be able to receive your staking rewards or if you are even staking at all in the first place.

You can check your staking weight on the bottom right corner of the wallet.

Checklist

1. Sodacoin Wallet (Download Here)
2. Sodacoin (SODA) — (Join the airdrop campaigns)
3. Keep your coins on your wallet for at least 1 hour to start accumulating staking weight

What is staking weight?

Staking weight is an indication which lets you know when you will be able to receive your staking rewards or if you are even staking at all in the first place.

You can check your staking weight on the bottom right corner of the wallet.

What do I have to do to receive staking rewards?

All you have to do is to have some sodacoins on your wallet for at least 1 hour and that’s it.

The staking process is automatic.

If you leave your wallet on, you will most likely receive staking rewards more frequently, in smaller amounts + you will help decentralize the Sodacoin network.

If you leave your wallet off, you are most likely to receive your staking rewards in bulk, the next time you successfully ‘mine’ and receive staking rewards.

If you transfer your coins to other addresses, your staking weight will be reset and you will have to wait another 1 hour to start staking your coins.

No matter what you do, the staking rates will always be fixed at 100% per year. At the end of the year, everyone will have received their staking rewards according to the 100%/year staking rates.

WEBSITE