Post
Topic
Board Tokens (Altcoins)
Re: [ANN][CRB] Creditbit - ERC20 token
by
DXB2017
on 20/06/2017, 03:56:28 UTC
Explain it to me then.

The way I read this is that every BOND that is done creates up to 12% more CRB in the market. If there is no set limit, then the maximum number of CRB in essentially unlimited, severely watering down the currency. Bitcoin is limited to a set number and the way they mine decreases over the years so that they do not pass that number.




CreditBOND YIELD (AWARD):

With locking your Tokens you will be able to collect yields from the CreditBOND Smart Contract. But be sure to understand, how the yields are calculated first.

Yields depend on a locking period:

from 1 to 175200 blocks (a month) - 1% yield per year

from 175200 to 525600 blocks (3 months) - 3% yield per year

from 525600 to 1051200 blocks (6 months) - 6% yield per year

from 1051200 to 2102400 blocks (1 year) - 8% yield per year

from 2102400 to 4204800 blocks (2 year) - 12% yield per year


so its from 1% to 12% ....
if nobody lock, then no new coins will come.

+ some extra coins,not much will come from games. if guys will not play much games,nothing etra will come...Wink

i hope all will lock coins to get 12% but when you lock your tokens,then that locked tokens cant be use for 1 year..so that mean no dumpers on exchanges..Wink and price will rise like crazy..