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Mintcoin is a community owned and operated pure PoS coin. Send your coins to your wallet and earn high yielding interest for saving your coins while securing the Mintcoin network.
There is no coin cap, in order to replace lost coins and provide sustainable global scalability. The coin now runs 100% POS (proof-of-stake) to secure the network. After the year 2016, Stakers aka Minters will receive a fixed 5% APR (annual percentage rate) indefinitely, as a reward for securing the network.