There was no Pre-mine.
if (nHeight==1) {
return COIN * 230000000;
}
Ok, I'm curious. Why does it say "no premine" when the code says there's a 1% premine?
The original dev team intended a pre-mine but it failed. They said a mining pool started mining early and mined that block. So there was no pre-mine, only lucky miners. Thats why they (original dev team) all abandoned the coin.