Re: [ANN] [PMC] Premine Coin | Rare | Mining Transaction Fee Proof of Concept
I've just read about the swap. Great news! 
But I have some questions, maybe I've overseen it.
What is the exchange rate, when I swap PMC to PMP? 1:1 or a different rate?
What's the total amount of PMP?
How much is the yearly POS?
What's the timeframe in which I can swap my PMC?
And is this the correct and current swap instruction?
Step 1: Open the old PMC wallet, send all your PMC to the official burn address 1PMCxxxSWAPxxxToxxxPMPxxxXXXUfNchW
Step 2: Copy and save your transaction id
Step 3: Download our new (temp) PMP wallet https://mega.co.nz/#!HZpBmaKT!U_u3UrdgsGr1KOP14ptPhqoQR4fTit_K0wJK_JZJni8
Step 4: Put the included .conf file in the roaming/PreminePlus directory
Step 5: Open the new wallet and copy your new PMP Address
Step 6: Message PMCswap with your transaction id and new PMP wallet address (DO NOT POST TX OR WALLET IN THIS THREAD)
Step 7: Check the public excel doc later to make sure your transaction amount and PMP address are correct.
Step 8: ? ? ?
Step 9: PROFIT!
Thanks!
But I have some questions, maybe I've overseen it.
What is the exchange rate, when I swap PMC to PMP? 1:1 or a different rate?
What's the total amount of PMP?
How much is the yearly POS?
What's the timeframe in which I can swap my PMC?
And is this the correct and current swap instruction?
Step 1: Open the old PMC wallet, send all your PMC to the official burn address 1PMCxxxSWAPxxxToxxxPMPxxxXXXUfNchW
Step 2: Copy and save your transaction id
Step 3: Download our new (temp) PMP wallet https://mega.co.nz/#!HZpBmaKT!U_u3UrdgsGr1KOP14ptPhqoQR4fTit_K0wJK_JZJni8
Step 4: Put the included .conf file in the roaming/PreminePlus directory
Step 5: Open the new wallet and copy your new PMP Address
Step 6: Message PMCswap with your transaction id and new PMP wallet address (DO NOT POST TX OR WALLET IN THIS THREAD)
Step 7: Check the public excel doc later to make sure your transaction amount and PMP address are correct.
Step 8: ? ? ?
Step 9: PROFIT!
Thanks!
Those swap instructions look correct and yes that is the updated temp wallet.
The ratio is 1:1.
The total amount of PMP is 1,000,000. This is also to give a 1:1 ratio of old PMC coins to new PMP coins.
What this means is there will be an equal amount of PMP given away to the new community as was swapped into existence by PMC holders. This is fair don't you think?
The yearly PoS is a whopping 50% to encourage minting over the next year. Staking interest will be removed in the near future and replaced with staking for tx fees. This will make Premine an entirely closed loop system.
All these details will be in the Launch/Giveaway ANN coming up.