[ANN] CoinoUSD - cryptocurrency tied to USD.

[AdamWhite]

Hello "coinomat.com",

Coinmarketcap page indicates 100,000,000 total supply / 1,180,442 available supply.

So is the interest only being applied to the available supply or total supply? How many coins do you/dev team control that are receiving monthly interest?

[stdset]

We started paying interest on CoinoUSD. The interest rate will be fixed at 0.5% monthly. The first interest payment has been processed. Future payments will be made only to accounts holding CoinoUSD asset at least for a month.

You'd better stop paying that interest, or at least lower the interest rate. 6% yearly is a bit much, raises suspicions that Coinomat experiences solvency problems. Just a humble opinion.

[coinomat.com]

We started paying interest on CoinoUSD. The interest rate will be fixed at 0.5% monthly. The first interest payment has been processed. Future payments will be made only to accounts holding CoinoUSD asset at least for a month.

You'd better stop paying that interest, or at least lower the interest rate. 6% yearly is a bit much, raises suspicions that Coinomat experiences solvency problems. Just a humble opinion.

It was done to stimulate using CoinoUSD as a store of value. We are thinking about other ways too.

[coinking]

CoinoUSD ANN

https://bitcointalk.org/index.php?topic=1000725.0

[rockmoney]

What are the ways one is currently able to obtain CoinoUSD if they wanted to purchase some?

[xeqoRameshAxueamExaqana]

What are the ways one is currently able to obtain CoinoUSD if they wanted to purchase some?

coinusd(XUSD) is very long time not active sir
youre can see, in comment abover for you, last comment in 2015, this now 2017
after dilisted from poloniex, and poloniex replace USDT
coinusd(XUSD) nothing exchanger support coinoUSD

[jacaf01]

How much do your team have in Bank or GOld that is backing the value of the token, Tether is backed by real Dollar not virtual.

[rockmoney]

I see that now - the following is from there website:

 
CoinUSD temporarily disabled
CoinoUSD is disabled until further notice. Please do not trade it at NXT Asset Exchange!

[Undermood]

CoinoUSD was replaced by NXTUSD before its closure. Now the service is completely ignored by its founder Sasha, including many other assets like cryptofund etc. He ignored its investers' interest and just closed it down and turned to Waves' ICO. Disgusting!