Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHF] 💠 SHAFT ⛏Mining-oriented⛏ CryptoCurrency 💠
by
ShaftCrypto
on 04/10/2017, 18:43:12 UTC
Today we announce our stakeholder reward system, which would bear the name SHAFT SRS (or SRS).

SRS is a token-based reward system designed to be the blood cells of SHAFT platform as a whole.

Pay
SRS tokens will be the main payment method for SHAFT-based upcoming services such as marketplaces, exchanges, shops (all SHAFT services net will be introduced later as soon as they are ready for public testing).

Earn
All upcoming SHAFT based services will generate profit. Big or small. Nevertheless, all token holders will be eligible to receive a stake of 15% in these profits. They will be distributed through personal cabinets and smart contracts. The more tokens you own, the more profit you receive.

Vote
SRS tokens would provide a voting power for owners so SHAFT platform could be governed through collective rule with miners and token owners. People who mind about SHAFT. SHAFT stakeholders will decide how the platform should be developed, what systems and services it should implement and which strategies to adopt. This SRS based system helps to acknowledge miners and stakeholder input in Shaft development and therefore award them.

Distribution
SRS tokens will be distributed through a smart contract which will reward every Shaft owner with SRS tokens accordingly to their shaft balance. Starting with deposits from 5,000 Shaft every miner would receive 8% yearly interest rate paid in SRS. An interest rate of 0,66% will be paid in SRS tokens every month. For example, if you own 10,000 shafts you will receive 66 SRS tokens every month. More SHAFT means more tokens!

When
SRS is not yet fully developed and will start to fully operate in late December. Nevertheless, we want early adopters to benefit from adopting SHAFT early Ч first snapshots of balances will be taken starting the 25th of October. Thus, when SRS starts to operate you will receive interest for additional 2 months.

Deposits
To earn more SRS tokens and to be eligible for receiving interest you will need SHAFTS.
There are 3 ways to obtain them:
(1) Mining;
(2) Purchasing on Exchange starting from tomorrow Shaft will be traded on stocks. exchange;
(3) Buying a limited bulk of SHAFTs from developers (this way we will raise additional money for a faster platform development and keep the market price at a decent level. Will be available no later than October 15th).