Post
Topic
Board Announcements (Altcoins)
Re: 🚀[ANN][ICO][RBIT] Earn Passive Income thru our Arbitrage Profit Sharing 🚀
by
xPotato_02
on 23/04/2018, 23:51:04 UTC
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, up to you Grin

But, isn't your profit, which then will be shared upon token holders equally, is generated through the arbitrary activity with user's fund? Which is why you returned their "willingness" to "lend" their funds for arbit by sharing your profit with them?
Contact us on discord as we are more active in that group. Our team will be more than happy directly answer all your questions Smiley https://discord.gg/kyYSgM7