Hello
meejay:
First of all, thank you!.
As is established in the Whitepaper, each token holder is entitled to receive profits from mining operations as well as third party operations in a relation to what he/she hold compared to circulating tokens.
By default, It is estipulated to send them in a weekly basis, in ETHER, directly on the wallet (see *1).
For those holders that have a small amount of tokens, they will receive the utilities once he/she reaches the mininmum expected in relation to fees ( see *1).
Basically:
TAETS = EBMO + EBTPO - OPEX
TASTE = TAETS * PSTH
PSTH = ATH * 100 / NTC
TAETS =
Total
Amount
Earned
To
Share in
BTC and/or ETH.
EBMO =
Earned
By
Minig
Operations
EBTPO =
Earned
By
Third
Party
Operations
OPEX =
OPerating
EXpenses
TASTE:
Total
Amount to be
Sent
To
Each token holder
in ETHPSTH =
Percentage of
Share of
Token
Holder
ATH =
Amount of
Token you
Hold
NTC =
Number of
Tokens in
Circulation
Let's exemplify:NTH = 5,000,000 SCAVO
ATH = 500,000 SCAVO
It means your POSTH = 500,000 * 100 / 5,000,000 = 10%
Now, our:
OBMO = 10 BTC
EBTPO = 2 BTC
OPEX = 0.5 BTC
So, our:
TAETS = 10 BTC + 2 BTC - 0.5 BTC = 11.5 BTC
finally, your TASTE = 11.5 BTC * 10% = 1.15 BTC
Indeed, we built a calculator to arrange an expected/estimated return during the course of the token sale on our website. Parameters was setted based on current market and expectations at that time.
Mining calculator will be available once new website (scavo.farm) becomes online. At first, it will calculate an estimate based on preload parameters according to datacenter estimations.
Once mining farm is finally online, it will show you a realtime and accurate profits.
I hope I clarified your concern. If you have any further questions, please let us know.
Hello Scavo team,
Congratulations for succeeding in ICO and going forward with the plans. I don't remember a detailed explanation regarding the passive income for SCAVO holders in the whitepaper other than the calculator you had on site, am I wrong?
Kind regards,