New report from CEO released..plan to reduce parking rates substantially to increase price.

Currently over 1 million parked and 130,000 MNX interest each month, some of which is likely sold and depressing the MNX price on exchanges.

May have quarterly and half yearly parking options too.

https://medium.com/minecoin-blog/mnx-mar...1e32014233

The new rates are exactly based on 70% annual interest.

So with compounding each term..

daily rate of 0.19% compounded = 99.9% annually

weekly 1.34% compounded = 99.8% annually

monthly 5.83% compounded = 99.1% (includes extra 5 days)

quarterly 17.5% compounded = 90.6% annually

half yearly 35% compounded = 82% annually

annual 70%

So all are better then annual but with risk that rate may decline further during the year.

Not much difference in daily, weekly and monthly, so monthly easier