Re: Midas.Investments launches exchange for PoS and MN coins[MN][PoS][Airdrop]
by
Midas.Investments
on 14/10/2019, 17:53:38 UTC
Each week, we will provide the Midas community a quick report about how much BTC funds we provided to projects and coin support from our communities purchasing on InstantBuy. Over the last seven days, InstantBuy has produced the following results:
Total BTC sent to projects for development: 0.91597867 BTC
20% of the BTC received for coin sales is revenue generated for the project. Some projects choose to have all BTC provided to coin support, which is why they do not feature above.
Depending on our agreement with the project, between 7595% of the BTC spent on InstantBuy goes to exchange for buy wall price support on exchange. Coins purchased on exchange come back to InstantBuy to provide more liquidity on InstantBuy allowing us to take more sales and generate further revenue for the project and funds for coin support.
🔵Coins purchased from exchange and supplied back to InstantBuy:
These coins have been generated from last weeks BTC provided for coin support on exchange and purchased from exchange and sent back to InstantBuy to provide further liquidity.