Post
Topic
Board Announcements (Altcoins)
Re: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining
by
9to5crypto
on 29/11/2017, 09:02:29 UTC
Credence team thanks for setting up this platform which is by far my favorite and I think will one day #1. I have a question about the loans could you please answer.
This is taken from your whitepaper
"You will have the option to re-invest any interest earned and therefore commence a new contract at that rate starting on the date you reinvest, you will also have the option to auto-reinvest 50% or 100% of your interest earned and this will again reset your loan period but also increase your daily interest amounts earned on your loan. Reinvestment figures on interest earned will be rounded down to the nearest $ amount and the remainder will sit in your USD Wallet."

First & Third highlight - When you get the chance please try to bring auto-reinvest back I love that feature, and also the $1 reinvest vs $10 reinvest.

Second highlight - If I am at $9990 and getting the .10% bonus and then I reinvest my earnings into that same loan and it is now over $10,010 do I start making the .30% bonus on that loan? I should because my loan resets to that day and this is how it reads and I hope it is how it functions. I realize that my term will reset to 199 days every time I reinvest...but I don't care because I will just let it ride for the long term. Thanks