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Author Topic: 📣📣📣 Announcement on Rothscoin Lending mechanism  (Read 146 times)
RothsCoin (OP)
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February 19, 2018, 01:23:53 AM
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Due to some changes, Rothscoin Team would like to officially inform investors of the RTC Lending mechanism, which will take place on February 20th, 2018:
📌 February 20 - February 27, 2018: Tree arrangement: Investors can only arrange their F1.
📌February 28, 2018: The system will automatically arrange in case investors haven’t done according to the rules: in a downward and rightward order, prioritizing the paid legs and time period (Earlier F1 will be arranged first). The tree arrangement function will be disabled on February 28.
📌March 1 - March 15, 2018: Enabling Invest function (including Lending and Saving): Investors are required to invest 100% of their RTC purchased in the ICO. The RTC proportion for Lending is determined by investors (with a maximum of 70%). The rest will be used for Saving.
📌March 16, 2018: The Invest function will be temporarily disabled. In case investors have not selected the form of investment, the system will automatically divide with the proportion of 50:50.
📌The system will calculate and send the Direct and Binary commissions to RTC wallet in the ICO. This amount of RTC can only be used from March 17, 2018.
📌Investment packages made during March 01 - March 16, 2018 will be recognized as at 00:00 on March 15, 2018.
📌Interest of the first day will be paid after 72 hours. Interest of the next days will be paid on a 24-hour basis.
📌From March 17: All the commission and interest will operate normally.
📌When the investment cycle expires: Investors can choose to re-invest or withdraw to cold wallets. Re-investment will make investors eligible for interest in the next cycle.
📌If investors choose to stop investing, the Lending package in USD will be converted to RTC at the real time exchange rate and paid to cold wallet in 20 days, 5% per day.    

#RTCLending
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