Ninjastic
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Re: [ANN] Ferrum Network | BITMAX | DAG Interoperability Network | DeFi Apps
by
miningguru
on 17/11/2020, 05:44:35 UTC
Quote from: Arrrvin on November 16, 2020, 05:04:45 PM
Quote from: Thesaintplague on November 16, 2020, 01:43:06 PM
Quote from: grandpix on November 16, 2020, 10:09:44 AM
No, they don't drop to 50,000Frm, you have a mistake to rewards are paid monthly.
With the upcoming Community Drop, you will receive 1 FRMx per 100,000 FRM held
Read: https://medium.com/ferrumnetwork/introducing-the-dynamic-holders-rewards-with-up-to-30-apy-5ddb950a9b4f
It is strange...

"Every Ferrum holder who qualifies for the monthly rewards (i.e. those holding at least 50,000 FRM and 1 FRMx in UniFyre Wallet) has an equal opportunity to receive attractive monthly rewards"

With 50K FRM and 1 FRMx you will receive 0.5 FRMx.

The upcoming community drop is the first of the monthly rewards (Dynamic Holder's Reward). That's what the quoted article is all about.

Ok 50k FRM, should behold for the entire month in order to get 0.5FRMx token? So the reward is based on the monthly, which every person will get equal opportunity for the people who are holding more than 50k FRM. FRMx is already more than 300$, which is a very good sign to buy FRM coin who has less no of coins.