Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

I want to thank the team for the weekly updates, there isn't much traffic here but you guys keep delivering, good job

The reason I'm excited about this project is because you are going to drastically improve the lives of miners around the world if this project is successful by eliminating the market rigging inherent in our current metals markets.

Do you have a time frame for when the LNKS token will be launched and how long until those LNKS tokens are redeemable for a Physical delivery of Ag?

What is the minimum redemption amount of LNKS?
how are shipping and insurance fees paid?
Who is able to mint LNKS and how do we audit their reserves against their token creation?
How are the storage fees structured?

what roll will the LNK token have as the platform matures, any changes to the staking process?
will the minimum stay 100LNK?
Will stakers have the option of choosing LNKS or physical Ag, maybe a mix, half and half?

thanks for all your hard work and looking forward to an EPIC 2018 and a COLOSSAL 2019

Thank you for your comment, we aim to provide a more transparent and decentralized silver market as well as a currency that will be 1-1 backed with one gram of silver.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

What is the minimum redemption amount of LNKS?

Minimum redeem amount will be 1500 grams of silver via Intl shipping and 300 grams of silver via local shipping or office redemption.
We'll have our first location in the upcoming weeks.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

how are shipping and insurance fees paid?

They are paid by the user as in any digital market and deducted from redeeming amount.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

Who is able to mint LNKS and how do we audit their reserves against their token creation?

The Curators can mint LNKS every time they have funds confirmed from a purchase in Ether or any other accepted Token, after it,
they need a silver stock confirmation from our silver provider partner.
The mint begins once they have confirmed an available supply of silver to fill the pending order (important with big orders).
* Curator is a team of 3 people composed of at least one Link Board Member, one silver provider staff member, and a vault agent.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

How are the storage fees structured?

Storage fees will be released upon launch, we plan to arrange a partnership with the silver provider in order to get a low-cost but secure storage, they will be added to Link Platform direct-buy fee.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

what role will the LNK token have as the platform matures, any changes to the staking process?

The role of LNK will remain the same, a cornerstone of Link Platform since it will be needed when using Link Platform as well as a hub that will receive a part of direct-buy, redeem and integration fees.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

will the minimum stay 100LNK?

Currently, it is 100 LNK however, we do not have the new amount that will be assigned at this point.

Quote from: Bankrunner on January 05, 2018, 01:18:55 PM

Will stakers have the option of choosing LNKS or physical Ag, maybe a mix, half and half?

With pending staking orders, we are always flexible to divide a shipment in the mentioned way.
LNK will be also needed inside LNKS Link Platform instead of the staking DApp in the future, and any fees priced when integrating the platform into a new asset will be charged in LNK.

We are working to get our platform running as fast as possible!