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The Low Inflation Model
With a blocktime of 3 minutes
And a blockreward of 0.25 coins
There will only be generated
120 coins per day via Delegated Proof of Stake
That is:
120 coins per day
840 coins per week
3360 coins per month
43800 coins per year
With a total supply at launch of 777 777 coins
The inflation the first year was ~5.6%
The second year ~5.2%
The third year ~5%
And so on..
With this inflation rate, it's impossible for just a few users to
generate all the stakes and slowly dump the price down to the bottom.
The Buyback Scheme
With low inflation comes the possibilities to keep the price stable.
For every buy on the official buy walls under 7000 satoshi
30-50% of the BTC will be put back in the buy wall @ 1000 satoshi
For every buy on the official buy walls above 7000 satoshi
30-50% of the BTC will be put back in a buy wall @ 2000 satoshi
For every buy on the official buy walls above 10 000 satoshi
30-50% of the BTC will be put back in a buy wall @ 3000 satoshi
This way, even if you decide to dump all your coins with a loss,
the price will never go below 1000 satoshi and you will allways
be able to sell off your hard earned stakes for 1000 satoshi or more per coin.
Now you may think my numbers are a little bit unfair...
I buy them back for less than 50% of the price?
To put it like this:
With my buy walls comes your buy walls.
If you look at it without the greed in your eyes,
im offering you a market with a solid concrete floor.
A floor that can't break even if you dump it all with a loss just to be a dick about it.
So all in all.
Even if Bitcoin reach $1,000,000
WYTF will stay on a absolute minimum of 1000 satoshi per coin.
So how will you be able to earn your money back?
Slow but steady!
For every stake you generate, you're able to sell it off for at least 1000 satoshi per coin
Parts of the revenue generated through WYTF will also be used to buy up on the sell side of the markets
or placed in buy walls if no orders are undercutting the official sell walls at that moment.
What other revenue will WYTF generate except on coin sales?
More on that soon...
Coin Specifications
Ticker - WYTF
Algo - X11 DPoS
Blocktime - 3 minutes
Blockreward - 0.25 WYTF
Min Stakeage - 4 Hours
Max Stakeage - 101 Days
Features
Splitblock
Multisend
Stakereport
24 Hours Stakeweight Graph
24 Hours Stake Difficulty Graph
Blockexplorer in wallet
Blockexplorer
http://207.126.164.144:7777
Wallets
WYTF Bounties
Coming Soon...
Pre-mine??? Of Course
Seven hundred and seventy-seven thousand seven hundred and seventy-seven
WHERE TO GET #WYTF?
Exchanges:
Unnamed.Exchange
BTC-WYTF
LTC-WYTF
DOGE-WYTF
UTIP-WYTF
ETH-WYTF
USDT-WYTF
XMR-WYTF
WAVES-WYTF
Faucets:
Crypto4Free.com
Games:
Coming Soon...
Keep Track Of The Price Movements:
Join Us On:
Discord
