Hey everyone,
The new contract is in the OP and will be published on Havelock after the end of Round 1.

I've broken out the major changes for you here:

This Round, Round 2 of BDD, differs from Round 1 in the following ways:

• MINE units pay out dividends at a theoretical hash rate of 100 GH/s, compared to 5GH/s previously
• Purchases of EXCH are subject to a 3.4% premium, of which 3% will go to the Manager and .4% will go to paying the exchange fee. Previously, 2% went to the Manager, .4% to the exchange, and .6% back to the capital on hand.
• Redemptions of MINE/SELL pairs will still be bought back for 98% of NAV/U, but the 2% difference will go to the Manager instead of the capital on hand.
• There will be a target of 180 days of dividends, as opposed to the 200 days previously.
• The End-Game Via Decrease will be triggered by a NAV/U of 0.02BTC instead of 0.0002 BTC

Please see the OP for a detailed explanation of the set of contracts. This overview is subject to change indefinitely.

Happy Speculating!

-2070