Temporary Staking Rewards

Announcements
1

2025-06-06T00:00:00Z

We are pleased to announce the activation of a temporary staking reward on the Patchcoin network.

Each block, there will now be a minimum staking reward of 0.01 PTC, funded through transaction fees of a PTC donation address.

The total Patchcoin supply will always remain at 21,000,000 PTC, just like Bitcoin.

Our team had plans to create a temporary staking reward with a portion of the future 210,000 PTC development fund.

However, we received interest from a community member to establish those staking rewards now. That individual has contributed 1,000 PTC to an address that will trade back and forth, creating staking rewards for at least the next 100,000 blocks.

When the development fund is created later this year, we will consider adding an additional 10,000 PTC and also increasing the staking reward.

This temporary staking reward will support the network in these early days and provide an incentive to participate in the staking process.

If you would like to make a donation to the temporary staking fund, all you have to do is send PTC to the address PBEyqyYSxgkLFmPMfUaP54xa2SdHrZMCmH.

All funds received will remain in this address until the balance reaches zero.

About Patchcoin:
Patchcoin (PTC) is a Bitcoin alternative using proof-of-stake technology. It is a fixed-supply cryptocurrency with 21 million coins.