Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Expanse (EXP) - Blockchain powered immutable cloud computer
by
Jonesd
on 01/03/2017, 21:12:47 UTC


Huge news, I figured I better share this now although it is part of the news with the Newsletter, the Expanse DAO reserve has been safely moved from cold storage to time locked smart contracts (impossible to dump, time locked), one of the great things about this, we have moved WAY UP the charts on Coinmarketcap and now are in the top 50!

How big a percentage of all EXP is locked away with bonds now?
if my calculations and info from coinmarket right , after devs unclock 10kk EXP and  Market Cap went from 1.3kk to 3.5kk, so we have 5 million exp at all. Based on yesterday info that 3800 EBS were bought , so 3800*100 ( 1 EBS = 100 Exp), 380.000 exp was locked in bond,
so now 7.6% of all are lock in bonds for the next 6 month. But in future we can see new EBS ( 10 days in duration ).

Thanks! That is a serious drop in liquidity, so good for the price. Half a year is ages in crypto. :-)