Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
djm34
on 08/05/2014, 17:14:50 UTC
If I send my SHARE to the exchange now I will start staking at 60% rate or it didn't start yet?
Not yet, staking will start when the initial FeeShare sale closed and will stop when no ShareCoin is left in the exchange's wallet.
And FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner, and stop when no ShareCoin left, and the FeeShare sale will open again to generate ShareCoin for the exchange's wallet, and then when the sale closed, it will start paying interest to ShareCoin's owner and will stop when no ShareCoin left and will open again,etc..... this keep on going until 50,000 FeeShare  are distributed to the community.

50000 Feeshare get distributed to the community ?
How many Sharecoins is there ? What is the interest rate ?
Read it here: https://sharexcoin.com/fee_shares/about
so at the moment there are 10x more FeeShares than ShareCoins and only ShareCoins can buy FeeShares.
So technically ShareCoins are more rare than FeeShares.
Sorry but your FeeShare are way overpriced