How are the tokens divided up?
The Big Picture
CureCoin 2.0 Distribution Spreadsheet Draft is here. This paragraph only reflects 1.0 distributions (updated guide is in progress) – Below is an updated 2.0 Distribution guide
CureCoins go to three main areas: Folders, Miners, and Developers. The folders will get 76% of the total coins (or 80% of the coins distributed per day – see “Day to Day” for more info). SHA256 miners get 19% of the total coins (or 20% of the coins distributed per day). 2% of the total funds are distributed to people who donated to project development in 2014. The remaining 3% is dedicated to Curecoin developers, and will be used for paying for ongoing development costs (such as hiring professional programmers, paying for infrastructure, etc.), and for giving back to the community (folding hardware giveaways, faucets, covering “0%” mining pools, etc.).
In summary, 95% of CURE tokens are automatically distributed from cold storage to Protein Folders, or earned directly via SHA256 PoW/PoS mining. The remaining 5% were reserved for supporting ongoing blockchain maintenance and rewarding original Curecoin crowdfund donors.
Folding Rewards Distribution Guide – Day to Day (as of 05/10/2018 folding rewards halving)
Each day, Folders as a whole receive 3744 CureCoins to be divided amongst them proportionally. This means that each folder receives (FolderPPD / TeamPPD) * 3744 CureCoins. An example:
|Folder PPD ⇩||Total Team PPD ⇨|
|10,000||37.44 CUR||3.744 CUR||.3744 CUR||.07488 CUR||.03744 CUR|
|100,000||374.4 CUR||37.44 CUR||3.744 CUR||.7488 CUR||.3744 CUR|
|500,000||1872 CUR||187.2 CUR||18.72 CUR||3.744 CUR||1.872 CUR|
|1,000,000||3744 CUR||374.4 CUR||37.44 CUR||7.488 CUR||3.744 CUR|
|10,000,000||N/A||3744 CUR||374.4 CUR||74.88 CUR||37.44 CUR|
You can estimate your earnings (Use the “24hr Avg” from the stats at the top for a very rough estimate, or click through and use the last full day’s 24-hour stats for more accuracy):
(YourPPD / TeamPPD) * 3744
Staking rewards start after 4 days “coin age” in your wallet, based on 4 minute block times – averaging 4% per annum.
For full premine details, please see: “Details on Pre-mined Coins and Future Mintage”
*Minting is the same as Staking or Proof-of-Stake (PoS)
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