Quote from: ChrisPop on May 05, 2017, 09:55:21 PM

DEPOSITORY ANNOUNCEMENT

I've been in talks with moneromooo and I have came out with the following depository plan after some discussions and modifications:

1. For every 0.0001btc deposited I will create 1 BO and give to the person who deposited(BO=0.0001btc)

Minimum deposit: 10 BO(0.001btc)
Minimum withdrawal: 10 BO(0.001btc)
BO value is fixed for both deposits and withdrawals
Withdrawal fee: 1%(eg.: if you withdraw 10 BO,you will receive 0.0099btc)
Maximum 2 withdrawals/day per char(to prevent abuse)
After withdraw BO will be burned.
Withdrawal delay: maximum 2 days

2. 75% of the deposited funds will be used in btc hedge/arbitrage trading and forex scalping EA trading. 25% will be kept as liquidity for withdrawals in a CK reserve BTC account.
3. 50% of the trading profits will go into CK reserve BTC account for more reserve and liquidity.(the rest will go to trader)
4. If the reserve CK btc account contains more than 100% of the deposits,depository administrator will talk with the game admins and find a way to use the surplus funds over 100% of the deposits for the sake of the game.(ex: total active deposits: 10 BTC; funds in trading: 7.5 BTC;funds in reserve account: 12btc: 2 BTC will be used for game development,rewards to citizens,etc..)

I'm awaiting approval from the other game admins. I'm open to questions and/or requirements you might have!
Thank you!

Is the depository genie out of the bottle now .... @ChrisPop, who's approval do you need to setup your depo?