then the commission rate would be about 238% (capped at 100%) as the bankroll is way over the target size at the moment.
Making things so complicated that it basically fucks investors is way worse than just forcing people to devest and withdraw or preventing investment in the first place.
"Starting on March 2, 2021 the commission rate is calculated by converting the bankroll to special drawing rights (XDR), then dividing the result by 55,000,000 XDR. The reference exchange rates for Bitcoin and special drawing rights will be fetched once every 24 hours and the data made available publicly."I don't even remotely understand this Special Drawing nonsense and the best I can tell it has nothing to do with your projects except to make them so complicated that
people don't understand they are being taken advantage of.
So I google Bretton Wood System and turns out it
collapsed just 2 years after this "Special Drawing" stuff.
Right now a new investor would pay a 2% dilution fee + 100% commission? I think it's irresponsible to allow that to happen by design...
My understanding is there isn't commission on the dilution fee... so, new investors could only earn back their dilution fee by earning from more dilution fees generated from more new investors. It's a dangerous trend. (sorry if this sentence is hard to read)
I am confident that we'll see significant divestments after the new commission rate comes into effect fairly quickly, if not right before.
I'm confident that people aren't going to understand, continue to invest and you're going to profit from it.
If you want people to divest or not invested more... divest them and/or prevent investments.
Don't rob them until they say "fuck this" and bail. That's a dangerous long-term business plan.
If you have 5000 BTC, but you only want 2500... Chop everyone invested by 50%, add it to their available balance for withdraw or play (play hopefully), then prevent investments if the BR is >2500 with nice clear understandable static fee that doesn't make your website related to fiat.
Dooglus, for example, was one of MoneyPots (Bustabit) first investors... he was divested by the website when his Bitcoins were no longer needed
The only reason to make this more complicated than it needs to be is if you want to absolutely milk the people who have trusted you and those previous to you. This stuff isn't rocket appliances.
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! If you would have paid him, he could have pointed out your mistake and helped you avoid the ban he was going to give you.
