Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ILK] INLOCK - The Lending Platform where Banks Compete For Crypto Holders
by
Pelgoron
on 27/08/2018, 18:45:11 UTC
What do you do with the revenue tokens?
ThedistributionofILKtokensusedwhencreatingalendingcontractisthefollowing:
10% for the marketplace where the parties are matched (INLOCK has created a complex
marketplaceAPItomakedealsavailablenotjustonourownsite);
30% for the Collateral Manager who handles the collateral for the entire duration of the
loan;
60% for the INLOCK platform which is used to cover operational costs, financing the
businessdevelopmentoftheplatformandextendingitsservices.
The INLOCK platform immediately puts all used tokens back into circulation through its own token market.