CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Hold On for Dear Life Crypto Coin Rank 4776
Website
N/A

Hold On for Dear Life
Hold On for Dear Life
HODL Coin Values HODL

Hold On for Dear Life valuesUSD Price
$ 0.0000

Hold On for Dear Life BTC Price
0.00000000

Hold On for Dear Life 24h Vol
$ 7,267

Hold On for Dear Life Market Cap
$ 0

24h Vol
N/A
1 H
0.00 %
24 H
-12.97 %
7 d
-14.76 %
Today Hold On for Dear Life price in US dollars is currently 0.0000 USD, and if converted to Bitcoin is 0.00000000 BTC. A total of N/A are currently circulating in the Market. Hold On for Dear Life price is currently experiencing a change of -12.97 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Hold On for Dear Life have been traded on Crypto Exchanges. Get Hold On for Dear Life's progress by adding it to your favourites and creating a free portfolio.
Full Name
Hold On for Dear Life
Symbol
HODL
Algorithm
1GB AES Pattern Search
BTC Price
0.00000000 BTC
BTC Market
---
BTC 24h Vol
0
Total Coins Mined
0 HODL
1h
0.00 %
24h
-12.97 %
7d
-14.76 %
Description

Hold On for Dear Life Crypto ICO Description

HOdlcoin is just like Bitcoin, but it pays interest on every balance. This is to recognize the importance of HODLers and properly reward HODLing.

Very high interest rates (4000%+ APR) are paid in the first few months to attract early adopters to the project.

Proof of Work

1GB AES Pattern Search POW. Pattern Search involves filling up RAM with pseudo-random data, and then conducting a search for the start location of an AES encrypted data pattern in that data. Pattern Search is an evolution of the ProtoShares Momentum PoW, first used in MemoryCoin and later modified for use in CryptoNight(Monero,Bytecoin), Ethash(Ethereum).  CPU/GPU friendly.

Pools

Paper Wallet

Block Explorers

Technology

Hold On for Dear Life Crypto Technology

Specifications:

  • Subsidy: 50 HODL subsidy per block
  • Interest Supply: Between 150,000,000 and 500,000,000 HODL will be paid in interest to HODLers
  • Fair launch: No Premine/Instamine/Ninja/100 initial 1 HODL blocks
  • Port: 1989
  • RPC Port: 11989
  • Testnet Port: 8989
  • Proof of Work: 1GB AES Pattern Search POW
  • Codebase: Bitcoin 0.11.2

Interest

*NEW* Current Interest Rates and Page - http://hodlcoin.github.io/

1. The Standard Interest Rate

Interest is paid on regular balances (outputs), on every block, for a period of up to 30 days (561x30 blocks). The rate is  0.0000002384185791015625% (1/2^22). It's compounded every block, so the rate is approximately 5% APR. However, remember there is a maximum of 30 days, so to get that APR, you'd need to log in each month and shuffle the HODL to a new address.

2. Bonus Interest Rates

To encourage early adoption, astronomical rates of interest are paid in the early months. The max rate is 0.0000152587890625 (1/2^16). Compounded, the rate is 2174%. It's reduced every block by a multiplier - calculated like this =((409530-X)/409530)^4 (X is the block where the balance is recorded as an output).

To calculate your bonus rate, you can use this formula.

Principal + (Standard Interest + (Bonus Interest * Bonus Multiplier)

Bonus rates

  • Day  0 ~ 2174%
  • Day 30 ~ 1881%
  • Day 60 ~ 1543%
  • Day 90 ~ 1317%
  • .
  • .
  • Day 660 ~ 0.230% APR
  • Day 690 ~ 0.029% APR
  • Day 730 ~ no bonus

3. Term Deposit Bonus

If you lock an amount of HODL as a term deposit, you can also get a bonus on the interest. The longer the deposit, the bigger bonus. The bonus is just a multiplier of the interest, so if you locked up 100 HODL for 1 year, you'd expect a return of 5 HODL. The term deposit bonus for 1 year is about 100% - so at the end of the term you'd have 110 HODL (Capital 100 + Interest 5 + Term Deposit Bonus 5). See the chart for the multipliers, or use this formula - =(1-((409530-X)/409530)^6)*100  (X is the number of blocks to lock for, min 2 days, max 1 year)

So to calculate your full bonus return on a term deposit . . . it's
Principal + ((Standard Interest + (Bonus Interest * Bonus Multiplier))*Term Deposit Multiplier)

Term deposit Rates

  • 1 week term deposit ~ 5.6% bonus on interest
  • 1 month term deposit ~ 22% bonus on interest
  • 3 month term deposit ~ 55% bonus on interest
  • 6 month term deposit ~ 82% bonus on interest
  • 1 year term deposit ~ 98% bonus on interest

n.b. When a Term Deposit matures, it stops earning interest - you must move it to start earning interest again.

n.b. Bonus rates are paid on regular balances too

n.b. The bonus rate is locked at the time of the transaction, the rate you can achieve reduces over time due to the multiplier, but once you're earning that bonus rate, it doesn't reduce.

Features

Hold On for Dear Life Crypto Features

Q: What is the official animal of HOdlcoin?

The squirrel is the official animal of HOdlcoin. The squirrel is the animal kingdom's natural HOdler.

Q: What is the official song of HOdlcoin?

"HODL California" is the official song of HOdlcoin. You can check-out any time you like, but you can never leave.

Q: How do I correctly capitalize HOdlcoin?

HOdlcoin.

Q: How do I correctly say HODL?

HODL. It rhymes with Yodel. Yodeling is also the official musical style of HOdlcoin.

Q: What is the smallest unit of HODL?

The nut. There are 100,000,000 nuts in one HODL.

Q: Why do you HODL?

Because we suck at trading and we know we suck at trading if you can pit pat piffy wing wong wang make a milino bucks no problem bro then you don't need to hodl


Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.