Post
Topic
Board Announcements (Altcoins)
Re: 🚀[ANN][ICO][RBIT] Earn Passive Income thru our Arbitrage Profit Sharing 🚀
by
Miiike
on 25/04/2018, 07:10:29 UTC
Understood. I am a National Moderator in Discord so technically not part of the team but I'll be happy to answer your questions here. It is correct that the funds for the purchased tokens will be used to increase the profits in arbitrage, which will then be distributed to token holders every month. So the expected ROI based on the algorithm testing would vary more or less 3 to 4 months.

If that so, that the profit are gained from arbitrary through token holders fund, wouldn't it be unfair if someone who hold for entire month, from which his fund is being utilized more, compared to those who bought just one day before the snapshot?
There are advantages and disadvantages to both points.
1. Those who just hold won't need to do anything VS looking out for snapshot dates and purchase before it
2. Holders purchased the tokens at a low price VS those wanting to hold tokens only at the day of snapshot risks buying the tokens at a higher price

Given that the revenue shall be shared monthly, and that the last snapshot and distribution is yesterday (or at the end of the month, one may say), it'll be quite safe to guess that the snapshot should happen at the final week of each month, thus, allowing people to play safe by buying near that week. Unless the snapshot is random and not exactly every month, let's say it can happen in two weeks? One? Three?