Quote from: bytedisorder on May 08, 2014, 08:02:34 AM

Quote from: samysamy1 on May 08, 2014, 06:35:31 AM

Quote from: ziplibrary on May 08, 2014, 05:48:15 AM

Quote from: bytedisorder on May 08, 2014, 05:23:26 AM

Quote from Sharexcoin.com

Quote

ShareCoin Re-Distribution

ShareCoin generated from FeeShares sale will be distributed back to the community in 2 ways:
MultiPool distribution: ShareCoin are distributed to the Multipool's miners at the current market price. As the ShareCoin are taken from the FeeShares sell, this won't affect the market price. Threrefore, miners are getting ShareCoin at the best rate available. Join our multipool at:
Exchange interest: Keeping ShareCoin inside the exchange will let you earn interest on ShareCoin itself. The interest rate is twice as much the ShareCoin's stake interest rate at that time.

Dear dev,

my question is about the exchange interest:
for the first year, I can get 60%. How long will the interests be paid? Each 24 hours as in our own wallet?

Half of the coins are paid by the coin's stake itself. The other half is paid by the ShareCoin generated from FeeShare sale.

Some clarification please. I don't understand the second part.

you know your sharecoin will mint at the rate 30% per year. That will be paid to you as the first part if you deposit your sharecoin in the exchange instead of in your wallet.
The left 30% interest will be paid using the Sharecoin which the dev will get from the FeeShare sale (1Fee=20,000Sharecoins now).

You swap your sharecoins for feeshares and you still get rewarded 30% afterwards? I would expect to receive only revenue from the exchange.
It's like you're selling your house to someone else, but you still keep benefitting from it by receiving rent.
Sorry but this model seems completely off to me.