As I have previously shared I own a fair bit of Social Send cryptocurrency, a coin aimed at enabling tipping on legacy social network sites like Facebook, Twitter and Discord. Where such exchange of value is not intrinsic to the original platform, but where a like just won't suffice.
I like the token and I believe it will have a decent share of the market for that use-case, and I believe that use-case will be significant because Facebook, Twitter, Instagram, Discord, etc, will not disappear overnight, and so users on those platforms will need third-party developers with coins like SEND to fill that need.
Anyways, I just thought I'd share my recent results with SEND staking rewards for anyone interested in staking SEND for rewards.
I bought 6,300 SEND tokens about 2 months ago, and wrote about that purchase, my interest in SEND, and my expectations around staking profits here.
As of June 10, 2018 I had earned approximately 205 tokens from my staking.
The rewards were much higher at first, I used to get two pay outs daily, then for about two weeks my wallet was down, and more recently its been up, running, but returning approximately one pay out per day, at 5 tokens per payout.
So my results are skewed by the two week down time, and also by the change in staking rewards, probably due to more people staking, so rewards being split across a larger pool of stakers.
But regardless, I have earned approximately 100 tokens of SEND per month for nothing. All I do is leave the tokens in my open wallet at work and come in and check my ever increasing balance every work day. Its especially nice on weekends when I can come in after a few days away and find many new stake rewards were earned!
If you believe in SEND, its not a bad coin to stake, masternodes are much more effective, something closer to 200 coins per month, according to stats I've found online, but masternodes cost something to run, and so I prefer wallet staking.
Thanks a lot for your interest, time and attention. Have an awesome day!
