Post
Topic
Board Announcements (Altcoins)
Re: 🌟🌟🌟🌟🌟🌟 ChronoBank ICO is over! 🌟🌟🌟🌟🌟🌟
by
support2_chronobank
on 05/03/2017, 11:24:39 UTC
where we should keep out tokens to receive rewards?

https://blog.chronobank.io/time-token-reward-model-1c3508208791

Here is the link to the blog where they have given full details of the reward model and how to participate, this is very good step to control the price of the coin and not let the price to get dumped in exchange.

Thank you very much for the answer, but i don't understand this: "TIME holders will need to transfer their tokens to a mining contract balance."
Ifi don't mine, i will not get the reward? I just have myetherwallet address..


As i read, they will tell us where we should transfer our TIME when LaborX platform will be up and running, i understand well?


Or should i install  " ChronoWallet" ?

Sorry for many questions and thanks again.

If your TIME tokens are not at the mining contract at the snapshot period of time you will not get the reward. But you have nothing to worry about now, the detailed guides will be available publicly before any rewards distributions.

TIME holders who keep their TIME in a specific contract address will receive a % of issuance fees and TX fees from LH. However, LH does not exist just yet, so you can't do that right now. The code part is pretty much completed, it's just lawyers, money, and time now until it goes live.

This address will be created when LH launches, so it currently doesn't exist. When it goes live it will need to be kept in a specific address for periods of time. This will all be explained in great detail, with a user-friendly walk-through when LHAU launch is imminent. Thank you for your patience.