PALNet Coin Drop: Yay!

Hello everyone,

Did you know that on steem-engine (https://steem-engine.com) you may be able to claim some free token drops. Today I found out that there is one for the PALNET token, so I claimed mine (457 Tokens) which I then went and staked, so now I feel that I should write a post about this event.

If you currently have a drop waiting for you to claim it, you will see the PALNET token icon above My Token Wallet on the steem engine site. This will allow you to claim your free tokens. If it's not there then unfortunately, you probably didn't get any, but I think it was based on STEEM Engine activity (or Random? IDK?)

At this point the market isn't fairing too well (Down 95% earlier today and it's staying down). This is to be expected as many steemians won't be interested and just want liquid STEEM now. Fair enough, back in my early days I mightn't have been that interested.

I have decided to keep all my tokens as I believe this project will pull something massive out of the hat (and they've helped me and others considerably so I trust that they'll do something good for all of us)

Did you know that you can also now mine PALNet Coins? That's right, every hour they share their tokens depending on how many PALM and PALMM tokens you currently hold, that becomes your chance of getting a reward in the hour (divided by the total amount of tokens currently in existance)

Steem-Engine have also done a similar thing (in fact they did it first), They allow you to mine their token through EM - 1 mining unit and EMFOUR - 4 Mining Units. This is sort of a proof of stake concept where you can stake these tokens for a chance of sharing the (I believe) 5 ENG Pool to be split between all of the holders (5 people get 1 ENG each, every hour from the pool)

As always, it's an awesome time to be on steem. Thanks PALNET and S-E team for creating awesome new features for our beloved chain.

Have a wonderfully PAL'd day!
~ @cadawg