Brief information about ELP HUB
What ELP HUB is for?ELP HUB allows you to take part in short-term investments with HUB funds. You have not to risk your own money and spend it. All you need to do is to choose the project you like and reserve your participation by sending your ELPs to the project wallet.
Do I have to pay to participate in the HUB?No! Your funds are going to be deposited (frozen) for the time specified in terms of the project and then will be returned back to your wallet
Where does ELP HUB get funds from?ELP HUB consolidates 20% of all mined ELPs.
How I can get a bigger share in the project?You can deposit additional ELPs in the project to increase percentage of your participation in it. The percentage of your participation is calculated as a ratio number of ELPs your sent divided by the total number of ELPs sent to the project.
The more ELPs you send to project, the greater reward from the project’s realization you receive.
One simple project as an example1. to buy EXAMPLECOIN (fictional) masternode for HUB funds;
2. to accumulate coins income from that masternode within a month;
3. to sell all those accumulated coins together at the end of month;
4. to pay profit to the project participants according to percentage of contribution;
5. to return ELPs deposited in the project to participants.
Even simplerChoose project → Deposit ELPs → Observe → Receive the income and return your deposit
Who would realize the projects?Projects will be implemented by the Administration of the HUB for commission (fix or part of the project income). It provides that Administration would have its own interest in the successful project realization.
By the way, any user can offer its own project in Ellerium Project discord channel. You can vote for projects and most popular would be taken in realization.
discord:
https://discord.gg/KajxkUQ