Ninjastic
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Board Announcements (Altcoins)
Re: 🚀[ANN][ICO][RBIT] Passive Income thru our Arbitrage Profits 🚀
by
xPotato_02
on 23/04/2018, 06:43:34 UTC
Quote from: Miiike on April 23, 2018, 05:00:33 AM
Quote from: xPotato_02 on April 22, 2018, 06:13:09 PM
Quote from: Miiike on April 22, 2018, 06:09:40 PM
So the only eligible for profits are those who had their balance un-moved for a month duration?
Also, am I right to assume that the profit you gained and shared are from your team doing arbitrary with users funds?
I wouldn't say "unmoved", as long as you have RBIT in your ERC20 wallet by the time of snapshot (I don't have the exact date), you'll be rewarded directly with ETH depending on the number of RBIT you hold.

Correct, 100% of the profits are distributed to the RBIT Token holders

Uhh... if to be eligible we only need to have RBIT on our wallet during a snapshot, then it is quite acceptable if I buy and store RBIT one day before the snapshot (next Tuesday, as per your post above) and sell those RBIT into other currency soon after the snapshot end?
That is possible, and it's up to you Grin Some people may find it easier to just hold the tokens. Some might want to buy RBIT few days before the snapshot.