Hello, it serms that the ambit will release erc20 tokens on Etherium network, I have a question about the dividend distribution. If I store some tokens in my ETH wallet, I will receive the dividend in ETH every year?
All token holders will receive monthly dividends: 85% of the net profits from the mining operation (including the existing farm), and 85% of the net profits from hosting services. (In accordance with the rules as setting up in the Smart contract). Dividends will be calculated and paid on monthly basis in cryptocurrency. The size of the dividend will be determined in a pro-rata share of the tokens held by token holders during a full cycle before the dividend declaration. (for example, if a user held 100 tokens in the beginning of the cycle, and sold 30 during the cycle, dividend will be allocated for the remaining 70 tokens which were held during the full duration of the dividend cycle)
For more information on how the dividends work you can email
contact@ambit.io or stop by
https://ambitmining.io/ and check out the documents tab.
That is great. I like monthly payback. It seems the dividend is very attractive. I will try my best to promot this project and hope more investors can join in. Also, I hope I can get my bounty token when the bounty is over.