Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [NAUT] Nautiluscoin - First Coin w/Stabilization Fund - Digishield
by
PilotofBTC
on 22/05/2014, 17:37:30 UTC
FYI we have been buying as much as we can, but clearly we are seeing the limitations of only a 1% pre-mine. 

The "stabalization fund" was created by premining NAUT.  So it is denominated in NAUT.  So how are you using it to buy NAUT?

The fund SELLS and then BUYS for a lower price than it sold for. So, the fund holds both NAUT and BTC.