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What is BAKD Coin?

BAKD Coin is a Cryptocurrency built on the ROI Coin Core Version 11.3, incorporating HOdl PoS to reward savers.
It pays interest on every balance as well as higher interest rates for locked term deposits and that is precisely why BAKD Coin is Return on Investment.

Compound Interest on all Balances

Interest is paid on all outputs (Balances) and compounded on each block. This is to discourage rolling outputs into new blocks simply to compound interest.

Benefits:

  • BAKD Coins must be used to participate in any BAKD Crowdfunding Campaigns.
  • Exciting for Stakeholder to see their balances continually increase as each block is received.
  • Interest discourages users from leaving large balances on exchanges - expensive to maintain large sell walls.
  • Interest encourages users to keep their balances, reducing supply while increasing market demand.
  • 30 day limit will dilute abandoned balances, reducing supply.
  • 30 day limit encourages fixed staking, reducing supply and increasing demand.
  • Encourages exchanges to trade in the coin, as they can earn interest on customer's deposits.
  • Unconfirmed transactions become more valuable over time, as their inputs continue to earn interest.

Coin Specifications

  • Coin Codebase: Fork of ROICoin
  • Max Coin Supply: 5,000,000,000
  • Algorithm: 1 GB AES Pattern Search
  • Block Size: 1 MB
  • Max Transaction Size: 250 KB
  • Block Confirmations Required: 150
  • Block Timing: 2 Minutes
  • Pre-Mine: 10% (500,000,000)
  • Block POW Mining Reward: 100 BAKD Coins (no halving)
  • Mining: CPU Only, Solo Mining From The Wallet With One Mouse Click

Fixed Staking Terms

  • Standard POS Reward: Approximately 10% APR
  • Standard Term Staking Rewards: (7 days up to 1 year)
  • 1 Week Fixed Staking Term 0.25% (13% APR)
  • 2 Week Fixed Staking Term 0.6% (15.6% APR)
  • 1 Month Fixed Staking Term 1.4% (16.8% APR)
  • 3 Month Fixed Staking Term 4.5% (18% APR)
  • 6 Month Fixed Staking Term 11% (22% APR)
  • 12 Month Fixed Staking Term 25%

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