Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CrowdSale Ended]🌟🌟🌟🌟 NVO Decentralized Exchange | MultiWallet 🌟🌟🌟🌟
by
DiamondHunter
on 29/06/2017, 16:42:38 UTC

Nice to speculate on how much we could earn, but I feel even the numbers used are far too high for a new service that will really take patience. I might even say a lot of patience. Weeks at the minimum to see the first gains. But I hope to be proven wrong!


To do this, the exchange would have to spin out about $150,000 worth of commission income per day (a penny per 15 million NVOT tokens) and to get to that, at 0.0002 vig rate (half of the 0.0004 total charged to maker/taker) they'd have to be moving about $750,000,000 (750 Million) thru the exchange on a daily basis.


You are off by one zero the commission rate of 0.2% is 0.002 not 0.0002. So for the penny per NVOT scenario the daily volume needs to be 75,000,000 not 750,000,000