Since July 20, 2018 Gulden owners can safely secure their digital coins in a holding/witness deposit. Within a few days of its launch, more than 35 million Gulden -equivalent of more than 2 million Euros- were deposited. This made Gulden the first crypto currency in the world that enabled owners to achieve an expected reward or interest yield of between 6% and 12% in a safe way.

Self-manage

By creating a so-called witness/holder account in the desktop application of Gulden, an amount can be deposited for a certain period of time. The more one deposits and the longer, the higher the reward one receives. Unlike the deposit itself, the rewards can be withdrawn at any time.

Holder account

Each holder/witness account automatically helps to make the Gulden network more secure by controlling the blocks that the miners offer.
De facto it’s actually not interest but rather a reward for helping to control the blocks.

It should be noted that the more deposits are created, the lesser the returns are. After all, only a maximum number of blocks are mined per day. This can lead to a situation where smaller holding amounts on shorter maturities can perhaps have no returns at all. 

The minimum requirements:

In order to be able to start holding, a minimum of 50000 Gulden must be secured for 48 months. For shorter periods there are correspondingly higher amounts needed. Holder reward is 40 Gulden for each witnessed block.

Always online

To be able to help witness and thus receive rewards, the Gulden desktop wallet must be online continuously. However, the desktop wallet, unlike a miner, requires almost no computing power and can therefore run on an energy-efficient mini-computer such as a Raspberry Pi.

Safe blockchain

The combination of witnesses and miners gives Gulden its unprecedented level of safety. But it also helps to decrease the energy consumption enormously. Gulden is therefore one of the most environmentally friendly payment methods.