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Tokens (Altcoins)
Re: [ANN] HYPE Token: Inflationary + Deflationary Token (Burn-Stake-Melt-Vote)
by
komalc660
on
30/08/2019, 10:19:08 UTC
Quote from: HYPE_Token on August 29, 2019, 04:12:14 AM
Quote from: Ochros on August 28, 2019, 04:52:17 PM
Quote from: rf786 on August 27, 2019, 12:26:02 PM
Quote from: namtih016 on August 26, 2019, 09:57:14 AM
please tell me how often there will be a vote? and how often will I be able to receive dividends?
I also wonder if I will hold tokens when I will receive the reward *? Is this going to happen every month?
I am also interested in this question and also interested in how many tokens need to be frozen to receive a reward? is there a minimum quantity?
Freezing tokens (current minimum is 10 HYPE Tokens).
By freezing your tokens, you become eligible to vote for the next month's burning % and daily freezing rewards %.
Freezing tokens = locking tokens. Therefore, as a reward, daily freezing rewards are provided.
This happens every 24 hours and it does not compound. It simply gets accumulated until you release/claim them.
MetaMask Guide:
👉
https://medium.com/@hypetoken/guide-how-to-use-the-hype-dapp-to-freeze-unfreeze-hype-tokens-4867e269f6c4
Trust Wallet Guide (Mobile):
👉
https://medium.com/@hypetoken/guide-using-the-hype-dapp-with-trust-wallet-mobile-1692a5e15e6b
it is very democratic that the community will decide how many tokens will be burned. I think that's how cryptocurrencies should work but for this you need to have a powerful community.