odin

17,143,394 ODIN coins are eligible to be burned immediately, in order to preserve 100% of the circulating supply with the community, and less than 15% of the total supply in a locked, non-staking, publicly viewable, multi-signature wallet for future use by the community of developers and team members who govern ODIN, referred to as the ‘Foundation’. …

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Only two weeks ago we marked a notable milestone in the ODIN journey, over 500 masternodes online within one week of launching ODIN and commencing community distributions.

Today we are astonished to see this number and support for ODIN more than double to over 1000 masternodes!

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The official ODIN wallets (QT wallets for MacOS, Windows, and Linux are available from our Github page.

Please report bugs/issues in the ODIN wallet issues and bugs reporting on GithubPlease provide as much information as you can, such as the steps you have taken leading up to a bug.

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You can now start preparing for your ODIN withdrawals by setting up both local and VPS environments.

Our devs are hard at work building all the GUI wallets and you can already build the ODIN binary file.

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ODIN Blockchain is now launched. Hello World!

ODIN Rewards Structure

Term names # Blocks Reward per block Community Development Fund Masternodes ROI Total supply increase
PoW Pre-Launch 200 495,000
PoS Launch 14,400 5
Ragnarök Release 37,440 175 10% 57.14% 6.61%
Valhalla Release 87,840 95 10% 34.13% 7.90%
Year of Yggdrasil 525,600 25 15% 9.22% 11.53%
Year of Midgard 527,041 20 20% 6.63% 8.29%
Year of Nidhogg 527,000 15 25% 4.59% 5.74%

Fundamentally, the initial staking rewards structure, implemented for the benefit of the community include:

  • PoS Schedule – 10% to community development fund proposals for all phases starting in Ragnarök, increasing to 25% of rewards by the beginning of 2021.

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