Simple and personalized masternodes " Our goal here is simple, we strive to design a platform where running a masternode will be as simple as it can be without the hassle of renting out a vps and installing and managing their masternodes themselves. "
The proposed objective of the cryptocurrency coin is called MyMN with a ticker of mymn, short for ‘My Masternode’; will be the masternode hosting service for everyone, which includes the non technical average users. New specs will be revised and dealt with accordingly because the current rewards system is flawed and it is often been “dumped” due to the really high ROI(Return on investments). By leveraging a new purpose and having a real life workable use cases, we will be sure to gurantee an influx of interests into the project when then inflate the investments by several folds. Our goal here is simple, we strive to design a platform where running a masternode will be as simple as as it can be without the hassle of renting out a vps and installing and managing their masternodes themselves. As the saying goes, time is money and we will offer a service where you won’t spend much time by automating the service for you. We will offer the most popular and interesting masternode coins so end users will use, and there will be requests for interested coins to be listed.
Coin name | MyMasterNode |
Coin ticker | MyMN |
Type | POS + MN |
Block Time | 60 seconds |
Max Coin Supply | 100,000,000 MYMN |
Collateral | 20,000 MYMN |
Premine | 8,000,000 MYMN |
Block Height | Reward Amount | Notes |
---|---|---|
0-8 | 8,000,000 MYMN | Initial Premine (POW Phase) |
9-200 | 0 MYMN | Closed Mining (POW Phase) |
201+ | Masternodes: 65% Stakers: 25% | Reward Amount depends on Block Height (look below) |
Phase | Block Height | Reward | Masternodes | Stakers |
---|---|---|---|---|
1 | 201-7,500 | 1 MYMN | 65% (0.65 MYMN) | 25% (0.25 MYMN) |
2 | 7,501-100,000 | 120 MYMN | 65% (78 MYMN) | 25% (30 MYMN) |
3 | 100,001-400,000 | 60 MYMN | 65% (39 MYMN) | 25% (15 MYMN) |
4 | 400,001-1,600,000 | 30 MYMN | 65% (19.5 MYMN) | 25% (7.5 MYMN) |
5 | 1,600,001+ | 15 MYMN | 65% (9.75 MYMN) | 25% (3.75 MYMN) |
Phase | Block Height | Dev Fees Per day(24hr) | Per Block |
---|---|---|---|
Phase 1 | 201-50,000 | 0 MYMN | 0 MYMN |
Phase 2 | 50,001-100,000 | 17280 MYMN | 12 MYMN |
Phase 3 | 100,001-400,000 | 8640 MYMN | 6 MYMN |
Phase 4 | 400,001-1,600,000 | 4320 MYMN | 3 MYMN |
Phase 5 | 1,600,001+ | 2160 MYMN | 1.5 MYMN |