They have created an excellent platform such that as new clients join the marketplace they are given the option to use the network's services by borrowing tokens, in the background, for a small fee. These fees, in large part, are used to buy BOB Tokens (off the market) that are then sent to the BOB Network Lending/Staking Pool.
By the way, what's this Bob network lending/staking pool all about? Is this a new service the platform would offer its users?
The pool works to decrease price volatility and give fiat money customers a seamless transaction experience while benefiting the BOB Token Community.
We will need some help from our community regarding bonuses for our lending/staking pool. We will be publishing a medium post shortly. Feedback would be appreciated.
Here is a medium post explaining the
Lending Pool:
https://medium.com/@BobsRepair/announcing-the-bob-token-community-lending-pool-13334f05b4c1FAQ Lending Pool:
https://medium.com/@BobsRepair/bob-token-community-lending-pool-faq-f75747676850We will be sharing our reward system to incentivize our token holders to keep their tokens in the pool for a longer period of time. The longer you hold it the bigger the bonus. We will share these tiers shortly and will be taking feedback from our community before finalizing the exact bonus numbers.
Also if anyone has any suggestions to help Bob's Repair please let us know.
P.s Bob's Repair is looking to hire an experience React developer.
This is awesome! I purchased 5 ETH of BOB Tokens initially I was a little upset that the price went from 6 Cents to 2 cents but it's okay. I know 1 ETH=6000 BOB Tokens and during the ICO ETH was as low as 350ETH making 1 BOB Token worth 4.8 Cents.
Unfortunately with Bitcoin crashing 50-70% (70% when it was at 5800) so did all the ICO's that went on the exchange.
I am going to HODL and I know with this staking pool and you guys getting your platform ready BOB would be worth 30-50 cents by the end of the year. I just got another 100,000 BOB tokens a lot of weak hands. I am going to tag this post in January and have a good laugh when I am 10x:)
keep up the good work guys.
Good keeping up from a strong believer of this coin. I am positive this would eventually pay off when the price moons, especially when all dumpers have left this project.