Now I will try to briefly describe all the information that I was able to find. The project is still at the very start, so it is not so much, but I will try to follow the development of the project and write about all the changes in the following posts.
And so to the point. The Yoda X team promises to launch A Yod coin, a wallet, an app for exchanging other cryptocurrencies for YOD and back without commissions, a marketplace for buying things for crypt, and credit cards for withdrawing crypt to fiat and making offline payments. Location-Estonia.
Yod is built on the basis of three blockchains:
Dash-Proof-of-Stake (PoS) Protocol.
Zero-fast transaction technology, SwiftX from Zero-credit card payments.
Pivx-a database of ready-made modules (wallets, mobile apps).
You can study the source code on
GitHub.
Listing on three exchanges and CoinMarketCap by the end of the summer.
And now the most interesting thing is the STAKING.Holders of the YOD coin will receive from 11% to 71.5% per month. The amount of remuneration will depend on how many coins you have in your wallet, how long they do not move from your wallet, and the number of coins in the wallets of your friends who you invited to the project. I will try to describe it in more detail in the following posts.
Now there is a presale, before its end there are 10 days left, after which public sales and bounties will start. On presale have the opportunity to buy coins at a 10% discount. By the way, one coin costs 1 us dollar. You can buy it with BTC and ETH.
My opinion is that the project is definitely worthy of attention, so I actually bought 100 YOD and will publish the results below.
I will try to describe briefly and clearly how interest will be accrued, the Main percentage depends on the number of coins on your balance,
BUT the more coins you have, the less the percentage! This is done so that people do not join in pools. And so if you have:
- from 100 YOD you will receive 11% per month;
- from 1,000 YOD-10%;
- from 10,000 YOD-9%;
- from 100,000 YOD-8%;
- from 500,000 YOD-7%;
- from 1,000,000 YOD-0%;
Then this percentage will increase depending on the time you keep the coins on your balance without moving them. And it will be calculated using the formula Q+QxTC, where Q is the main percentage from the first table, and q is the time coefficient.
from 0 to 7 days – Time coefficient (TC) = 0.
from 7 to 30 days-TC = 1
from 30 to 90 days-TC = 1.2
from 90 to 180 days-TC = 1.4
from 180 to 365 days-TC = 2
from 365 days-TC = 2.5
Considered example:
Let's say you have 1000 YOD on your balance, and you get 10%(Q) per month. In seven days, your income will be 10%+10%x1= 20%, in a month 10%+10%x1, 2 = 22%, in three months 10%+10%x1, 4 = 24%, in half a year 10%+10%x2 = 30% and in a year the income will be 35% per month.
Further, if you invite your friends to the project who also hold coins, your income will increase according to the formula Q+Qhq+Qhsk where SK is the structural coefficient.
If the amount of money you invite to your wallets is more than 10,000 YOD, then your structural coefficient (SC) will be equal to 0.5;
from 50,000 YOD-SK = 0.8
from 100,000 YOD-SK = 1
from 500,000 YOD-SK = 1.2
from 1,000,000 YOD-SK = 1,4
from 10,000,000 YOD-SK = 2
from 100,000,000 YOD-SK = 2.5
from 1 000 000 000 YOD-SK = 3
example 10%+10%x1+10%x0, 5=25%
As you can see, the profit from 11% to 22% is easily achievable for most of them. For more, you will have to wait or actively participate in the promotion of the project.
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