Post
Topic
Board Tokens (Altcoins)
Re: 🌟 [ANN][AIRDROP]Genesis Coin | Fast. Secure. Flexible | Airdrop FINAL ROUND 🌟
by
Rigorous
on 09/08/2019, 09:39:29 UTC
Genesis currently has a supply of 16 million tokens. As agreed by the community, this will be reduced greatly to just 2 million tokens, making us one of the projects with the smallest supply of tokens.

The token swap will be conducted at a 10:1 ratio. For every 10 Genesis coins you hold, you will receive 1 STRX token.

10% of 16 million is 1.6 million, so where do the 400,000 tokens come from? More importantly, who is going to get them?

Even though the supply is smaller, this swap is effectively a dilution of 25%.