Re: [ANN] Bancor | Protocol for Smart-tokens, solving the liquidity problem
please say this is true:
1 BNCHDL = 5.2 BNT
and not meant to be 0.52 BNT
1 BNCHDL = 5.2 BNT
and not meant to be 0.52 BNT
https://app.bancor.network/communities/59072a4f98c9cb000161fee9
It's all about supply of tokens available supply is only 30.4k that is why participants would get paid with huge rewards.
This is due to the fact that only people with ranking starting from Full Member were allowed in the program, so there were less partecipants than expected who ended up earning very very much.
Looks like this is the highest paid signature campaign on the forum,100 BNCHDL per week which is around 500 BNCHDL and which comes around 2600 BNT tokens and considering the current price on the market it at 0.00113 per BTC comes close to ~3 BTC.
Yes, it's pretty impressive. Other camaigns wasn't that bad either, I've got 1000ZUKS just for a few weeks of twitting.
Overall this bounty campaign including the social one is really a big one.I would like to see how this will impact the dumping process when such big bounty is released.Can we expect the price to go down 20% when the bounty is out?
It wont go till 20%.
The price floor contract will retain the price at 0.01 eth.
Like i said before
Bounty hunter wont dump in the price floor contract, they will dump in exchanges for better rate,
Even if they dump in price floor contract its would be just around 5850 eth (585,000 bnt) for all bounty now.
That is so small compare to the 107,990 eth in price floor.