Post
Topic
Board Announcements (Altcoins)
Re: [ANN] The Divi Project [DIVI] - The First Crypto for Mainstream Adoption
by
alex3921
on 20/10/2017, 03:16:22 UTC
Hey team,
I went through your whitepaper and I am still confused about DivX tokens usage after Divi blockchain is created.
On the page 1:
Quote
Example: John participates and acquir es 5,000 Divi Project tokens (DIVX).
When the Divi blockchain launches he voluntarily stakes his 5,000 tokens by
sending them to the Divi-redemption-address to be temporarily be held and
then instantly receives 5,000 DIVI. At the end of the 60 day redemption period
John’s tokens will be returned to him
. John now has 5,000 DIVX & 5,000 DIVI.

but at the same time, page 14 says the following
Quote
Redeeming Divicoins - DIVI will become available after the Divi Project
blockchain launch, scheduled for early Q2, 2018. There will be a 60 day
redemption period where Divi Project token participants can stake their
DIVX tokens to receive a 1 to 1 ratio of DIVI. Redeeming DIVI is free, and
DIVX tokens will be burned as part of the process.

Which part is correct?