Hi Sorry, newbie here. I just had a couple questions.
So on the website it says dividends are released at 12:00 GMT daily, is that PM or AM? So it's not weekly anymore?
The contract will check if it has 50 eth and automatically send the dividend to all eth addresses with at least 1000 tokens. Is this correct?
If I have 1000 in my eth wallet, it will send me eth.
If I have 1000 on an exchange, it will send RLT instead using an average price.
If I misunderstood how the system works, someone please correct me.
Hello, the dividends are automatically distributed at 12 GMT in the afternoon of the day when the gaming contract balance reaches at least 300 ETH. In average this happens once a week, but can be more or less frequent. In future the frequency will tend to increase. Those token holders who have at least 1000 RLT on their balance participate in the distribution of dividends. Please, keep track of the roulette balance and take into account that dividends are distributed to the wallet where tokens are stored and which you have a private key from. In order to get profit at particular time it's necessary to have RLT in your own Ethereum wallet.
Currently dividends are paid in ethers, but soon a new distribution system recommended by Bittrex exchange will be introduced. As a part of it dividends to token holders will be paid in RLT.