IDealCash or better known with the ticker name DEAL is on the rise. It's a young coin based on PoS (Proof of Stake). It offers a whopping 30% staking reward annually. Above that it offers a incredible fast transaction speed and a mobile staking wallet.
As of this moment the mobile staking wallet will only stake when it's opened just like every other staking wallet out there. DEAL also supports windows, osx and linux. I personally used the mobile wallet and the one for osx. I've run them for approximately 15 days straight without any crashes or setup issues.
So what about that 30% staking reward?! Lets put that in perspective and do some calculations. If you would have 1 million coins of DEAL it would mean you receive 300,000 coins a year of staking. Not taking into account, you have your staking reward payout each day.
At the time of writing DEAL is worth 26 satoshi. That means 7,800,000 satoshi or 0.078 BTC each year of passive income without price increase. Or 681.72 usd of staking profit.
Let's dream a little bit more, what if deal rises to 100 satoshi that would give us 0.3BTC a year or 2622.00 usd without taking into account the 400% value increase of DEAL its self.
That said.Because of this profitable staking percentage, people are inclined to hold this coin for passive income and so pushing the price up because of low supply.
I'm very positive about this coin. Let's see where it brings us!!!!
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