Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo ICO - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
kaicrypzen
on 20/12/2016, 13:58:34 UTC
The exchange rate 1BTCD=50KMD will be the same for all the period of the swap (1 year) ?

Basically yes, but the exchange rate will decrease slightly every day to account the 5% APR bitcoindark has. With this we ensure there won't be more BTCD than there are KMD reserved for the swap.

So apparently there isnt any difference partecipating the ICO (as i done) and buying now BTCD and wait the swap?

It doesn't seem so, at least for the time being. Maybe in some days/weeks/months, depending on how the rate will decrease. Now, with the current rate of 1 BTCD = 50.42041779 KMD, it is more profitable/less risky to buy BTCD (if there's enough liquidity) and to swap it.