staking

In less than one week after community distributions have begun on the ODIN blockchain, the community has deployed over 500 masternodes which are now set up and running smoothly. This is highly significant, as it immediately shows how committed our loyal community is to supporting, participating in and remaining part of the ODIN ecosystem.

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The ODIN block explorer is now available https://explore.odinblockchain.org/ – it updates every three minutes.

Over the past month we have spotted a number of new community projects and initiatives springing up as ideas, works in progress and also finished work.

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With the ODIN headless wallets as well as the ODIN GUI wallets now released and available from our official ODIN Github repositories, we are now showcasing our blockchain specifications in this post for the more technical amongst you.…

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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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Launch countdown

September 7, 2018 | Community Update

We are pleased to release some important dates for your diary, along with some claim portal bonuses for registrants. We also have an update to the ODIN Blockchain rewards structure which will drastically reduce the total circulating supply for ODIN.…

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