Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SHARE]ShareCoin - Pure POS - MultiPool - Official exchange launched
by
ziplibrary
on 12/05/2014, 09:50:49 UTC
so if someone owns 1 FeeShare, they will get the same interest that someone would have for 20,000 ShareCoins stored in the exchange?
so they get 12,000 ShareCoins in a year (for the first year)?
So 12,000 SHARE + 0.001% of ShareXcoin's profits?
Yes, basically it is calculated like that. A detailed and official announcement about how interest are paid will be published in 3 days after FeeShare sale closed.
Wait! Is this a new info?
FeeShare earn interest??
By the way, why release important information only after this or after that? Like the price of FeeShare was given after many people invested lot of money in Sharecoins. And now, why not release the details of how interest work now? If we know that FeeShare earn interest too, we will probably buy more FeeShares...

Seriously Sharecoin team, you must provide informations before asking people to invest in something.

0.001% of ShareXcoin's profits
or
0.001% of ShareXcoin's profits + 60 % interest

Is not the same.


All of these informations are already written here: https://sharexcoin.com/fee_shares/about
We didn't ask anybody to invest in anything. I didn't take any BitCoin from anybody, I only take ShareCoin for FeeShare and those ShareCoin was distributed free. All the ShareCoin I took will be re-distributed to the community for free too.

No?.. I can't see anywhere mentioned that each ShareFee is making the same interest as 20,000 Sharecoins.
Could you please be clear about this? I bought another 50 SF based on your statement earlier.

No, FeeShare will never earn the same interest as ShareCoin.
ShareCoin will earn 30% interest from staking the coins itself and 30% interest from FeeShare sales.
FeeShare will earn 0.001% revenue from the exchange which is paid by Bitcoin and 30% interest from FeeShare sales which is paid by ShareCoin.
There will be a detailed announcement about how to earn interest on the page when FeeShare sale closed.