Post
Topic
Board Announcements (Altcoins)
Re: [ENU] Enumivo: An alternate EOS-compatible blockchain.
by
enumivo
on 10/02/2018, 00:14:50 UTC

How to get the free airdrop:
Send 0 ETH to 0x275b69AA7c8C1d648A0557656bCe1C286e69a29d and get 4,000 ENU. Every send will reduce the reward by 0.001%.
Only one send per address is allowed.

When is the airdrop supposed to finish? If each send decreases the previously decreased amount by 0.001% – then it's like never going to run out.

If I am calculating it right, here are few numbers:
- after 10k airdrops the pool will be around 861M (95% of initial pool) at 3619 ENU/airdrop
- after 20k airdrops the pool will be around 827M (91% of initial pool) at 3274 ENU/airdrop
- after 30k airdrops the pool will be around 796M (88% of initial pool) at 2963 ENU/airdrop
- after 100k airdrops the poll will be around 647M (72% of initial pool) at 1471 ENU/airdrop

The amount of coins per airdrop will achieve zero before the pool will run out, or I made a simple math mistake.  Huh

it will be finished once 900M are distributed.

I still do not get it: how did you calculate it?
If each and every send reduces the reward by 0.001%, then the reward will drop to almost zero when there are still around 500M tokens to give out.

Take a look at  this simple script:
http://rextester.com/KAB81057

round# 1000k left[ENU]: 500M  drop[ENU]: 0.18159063923045635

It shows that around 1M-th airdrop, there will be still more than 500M ENU left and at the same time the reward will be around 0.18 SEM.

I haven't checked this yet but thanks for pointing it out. I will verify. I can also stop the distribution if the rewards get too small and it spams the ethereum network. Then I can burn part of dev funds to make it 10% of the total supply.