Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ChronoLogic - Proof-of-Time token on Ethereum [BOUNTIES]
by
fuzzyd
on 30/08/2017, 13:08:50 UTC
Keep in mind the ChronoPower of each timemint halves every 88 days, but you can sell your DAY tokens without the TimeMint if you wish to do so.
What will happen in 2 years then? The ChronoPower will halve 8 times, but still generate some small amount of tokens (will go from ~0.5% to 0.00195%)?

That is what TimeMint was designed . So basically the longer TimeMints operate the lesser it yield DAY token. So better strategy is to buy more at the exchange as early as possibly to send the DAY tokens for minting before it half .

I joined the ICO and got a timemint right ?
But I still need to buy daytokens to send to my timemint so they'll generate more timemints ?
Your Timemint will generate more DAY tokens. Also, my understanding is that you will receive (with your Timemint) 24 DAY tokens per Eth you paid for yout Timemint.