Quote from: CoinanTheBitbarian on April 23, 2015, 05:08:00 PM

Now then.

Originally dividends were every Wednesday and Sunday, then we had Friday and now it looks like Saturday. Whilst there isn't necessarily anything wrong with altering the payment date, given the requirement for many holders to transfer Glide off the exchange to their NXT wallet in advance, a degree of consistency where possible would probably be appreciated.

I'm not clear as to whether those participating in the GlideSec to GildeCoin exchange will lose their GlideSec in the transaction or whether they will then own both assets afterwards.

I'm also not clear as to whether GlideCoin holders will receive dividends or whether these will after the exchange only continue to be payable to GlideSec holders.

If, as has been stated, GlideSec dividends will be used to support the GlideCoin price on exchanges, will this mean a reduced dividend for those still holding GlideSec if some of the funds are being used to support the GlideCoin price?

It may be that the specifics will all be revealed prior to the exchange taking place (or have already been confirmed in which case apologies for the oversight) but as the exchange is only a few days away, it would be helpful I'm sure for investors to have answers to these points to consider before making a decision.

I've read elsewhere in this thread, or maybe the Glidecoin thread, that the coin and the asset will co-exist. I'm not clear on how they will interact however so I'd appreciate some clarification too. Have a look through ActualUpsurge's posts for the coin/asset info.

gefafwisp

Posts

Merits