Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Xaurum [XAUR]
by
Domenc
on 13/07/2017, 14:29:17 UTC
Hi everyone,
I just made this account now to ask this question that I have about Xaurum:
There is 129 kilo's of gold backing up Xaurum currently. Bu does this amount increase in the future? Is it for example so, that when you buy/sell Xaurum, you pay a 1% fee and that fee is spent by the Xaurum team to buy more gold?
This would be a great idea... but I'm not sure if it is the case with Xaurum. Does anyone know?

With every transaction 0,5 xaur gor to burning(go out of circulation for ever) . What that means? That means that more transactions is happening, less coins is in circulation. But there is still 129kg or  more, for less coins. That means growing goldbase for each xaurum that is in circulation. Understand?