Hello community,
XQNosFund update:
Distributed today: 245883.456 XQNTOKENS ready to be redeemed for XQN.
Rising bitcoin prices and falling altcoin prices made it difficult to maintain the promised 10Btc minimum value without draining even more and emptying my personal funds in a difficult personal situation as well.
Please remember we have collected 0BTC from asset holders in this process, all money have come out of my private holdings to try refund those who got burned in the CERIUM asset when that team left everything.
Due to this, the Fund will now work as a Staking pool while we rebuild and restructure the XQNPosFund in general.
What does this mean?
There is a total of 2668533.85873326 XQN in the pool address: QMLr5BnHJA7YXLrg3oZqoSbSMQYUAnrZdc
http://45.35.48.161:3001/address/QMLr5BnHJA7YXLrg3oZqoSbSMQYUAnrZdcAll the stakes generated from this account is shared among asset holders based on the amount of share you hold.
Everyone is free to withdraw whatever XQNTokens they do have, but the staking pool will still have a minimum balance of 800000 staking due to the fact i will not withdraw my coins.
If everyone else redeems their coins, the staking balance wil be 800000 XQN+ at all times.
This is a temporary way of running it until we have decided how we want to rebuild the new Fund.
Nothing will change for shareholders, you will own what you already own original.
I am working on further liquidity programs, along with all previous mentioned plans already outlined.
How to redeem you XQN coins?
Send me 2 PMs, one before you send to the burn address containing the amount you want to burn and your desired payout addy.
One PM after containing the TXid for the burn.
IW