jl777B
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December 13, 2017, 03:50:29 AM |
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Guys, I think I messed up. I attached my KMD address to my SuperNet transaction instead of my SUPERNET address for the swap... I did not know I had to activate the coin in Agama. Have I lost my SUPERNET or can I get in touch with the person who will be sending out SUPERNET? It was about 16 UNITY... I have followed the project a long time and I sure would hate to lose them over doing the swap wrong.
SUPERNET blockchain uses same address format as KMD That means a KMD address is a SUPERNET address
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sumthinknew
Newbie
Offline
Activity: 34
Merit: 0
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December 13, 2017, 05:43:58 AM |
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Guys, I think I messed up. I attached my KMD address to my SuperNet transaction instead of my SUPERNET address for the swap... I did not know I had to activate the coin in Agama. Have I lost my SUPERNET or can I get in touch with the person who will be sending out SUPERNET? It was about 16 UNITY... I have followed the project a long time and I sure would hate to lose them over doing the swap wrong.
SUPERNET blockchain uses same address format as KMD That means a KMD address is a SUPERNET address Thanks for the response. I know you are a busy guy and it's pretty neat that I am even talking to you. As far as the same address, that's what I had thought initially (The same as how ERC20 tokens work with ETH addresses). However, in my Agama wallet, it shows my KMD address as RHAhdkqYFWmk9tDTW6do8h4ntqHWScnyiG and, after activating SUPERNET, the SUPERNET address as RULhsacXUHHB2Dx976crXsK1meHoY9ZFJC
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jl777B
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December 13, 2017, 07:16:34 AM |
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Guys, I think I messed up. I attached my KMD address to my SuperNet transaction instead of my SUPERNET address for the swap... I did not know I had to activate the coin in Agama. Have I lost my SUPERNET or can I get in touch with the person who will be sending out SUPERNET? It was about 16 UNITY... I have followed the project a long time and I sure would hate to lose them over doing the swap wrong.
SUPERNET blockchain uses same address format as KMD That means a KMD address is a SUPERNET address Thanks for the response. I know you are a busy guy and it's pretty neat that I am even talking to you. As far as the same address, that's what I had thought initially (The same as how ERC20 tokens work with ETH addresses). However, in my Agama wallet, it shows my KMD address as RHAhdkqYFWmk9tDTW6do8h4ntqHWScnyiG and, after activating SUPERNET, the SUPERNET address as RULhsacXUHHB2Dx976crXsK1meHoY9ZFJC native mode generates its own addresses (many of them), you can use SPV mode which will use the same passphrase or importprivkey
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GTTIGER
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December 13, 2017, 11:44:48 AM |
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What provides incentive to hold supernet. Sure the NAV is high but investors cannot receive coins from the NAV. Are there any planned benefits? For example, when you are looking to reduce a position supernet holders can buy for 10% less than market prices (amount they can buy is based on supernet holdings). Or maybe super holders can sell super for a portion of NAV coins (but only a certain amount per a year). This can maybe work with a smartcontract.
Just trying to figure out what pegs supernet to it's NAV.
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jl777B
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December 13, 2017, 02:22:17 PM |
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What provides incentive to hold supernet. Sure the NAV is high but investors cannot receive coins from the NAV. Are there any planned benefits? For example, when you are looking to reduce a position supernet holders can buy for 10% less than market prices (amount they can buy is based on supernet holdings). Or maybe super holders can sell super for a portion of NAV coins (but only a certain amount per a year). This can maybe work with a smartcontract.
Just trying to figure out what pegs supernet to it's NAV.
I am running marketmakers around the NAV: {"result":"success","base":"REVS","rel":"KMD","timestamp":1513171187,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"CHIPS","rel":"KMD","timestamp":1513171187,"bid":0.05139616,"ask":0.05242922,"price":0.05191269} {"result":"success","base":"KMD","rel":"BTC","timestamp":1513171187,"bid":0.00025000,"ask":0.00025000,"price":0.00025000} {"result":"success","base":"SUPERNET","rel":"KMD","timestamp":1513171187,"bid":45.02576301,"ask":62.70362754,"price":53.86469527} {"result":"success","base":"CRYPTO","rel":"KMD","timestamp":1513171187,"bid":10.45751373,"ask":10.88000000,"price":10.66875686} {"result":"success","base":"DEX","rel":"KMD","timestamp":1513171187,"bid":5.88235294,"ask":6.12612613,"price":6.00423953} {"result":"success","base":"BOTS","rel":"KMD","timestamp":1513171187,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"BET","rel":"KMD","timestamp":1513171187,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"HODL","rel":"KMD","timestamp":1513171187,"bid":0.41284120,"ask":0.42113931,"price":0.41699025} {"result":"success","base":"MSHARK","rel":"KMD","timestamp":1513171187,"bid":7.83275137,"ask":8.60271882,"price":8.21773509} {"result":"success","base":"MGW","rel":"KMD","timestamp":1513171187,"bid":0.58823529,"ask":0.61206121,"price":0.60014825} {"result":"success","base":"PANGEA","rel":"KMD","timestamp":1513171187,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"JUMBLR","rel":"KMD","timestamp":1513171187,"bid":7.84313725,"ask":8.16000000,"price":8.00156863} It is like BRK, no special things, but liquidity provided around the NAV As we get more price discovery on the assetchains, I will narrow the spread SHARK is trading within a few percent of NAV on either side Allowing redemption enmasse would force liquidating long term investments and that could lead to bad results on the trading side. I am not worried about finding reasons for people to want SUPERNET. If they dont want it, they can sell to people that want. And with the initial revenue streams starting December 25th, just holding SUPERNET will get revshares. Hey, maybe that is a reason to hodl the SUPERNET
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GTTIGER
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December 13, 2017, 05:47:23 PM |
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What provides incentive to hold supernet. Sure the NAV is high but investors cannot receive coins from the NAV. Are there any planned benefits? For example, when you are looking to reduce a position supernet holders can buy for 10% less than market prices (amount they can buy is based on supernet holdings). Or maybe super holders can sell super for a portion of NAV coins (but only a certain amount per a year). This can maybe work with a smartcontract.
Just trying to figure out what pegs supernet to it's NAV.
I am running marketmakers around the NAV: {"result":"success","base":"REVS","rel":"KMD","timestamp":1513171187,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"CHIPS","rel":"KMD","timestamp":1513171187,"bid":0.05139616,"ask":0.05242922,"price":0.05191269} {"result":"success","base":"KMD","rel":"BTC","timestamp":1513171187,"bid":0.00025000,"ask":0.00025000,"price":0.00025000} {"result":"success","base":"SUPERNET","rel":"KMD","timestamp":1513171187,"bid":45.02576301,"ask":62.70362754,"price":53.86469527} {"result":"success","base":"CRYPTO","rel":"KMD","timestamp":1513171187,"bid":10.45751373,"ask":10.88000000,"price":10.66875686} {"result":"success","base":"DEX","rel":"KMD","timestamp":1513171187,"bid":5.88235294,"ask":6.12612613,"price":6.00423953} {"result":"success","base":"BOTS","rel":"KMD","timestamp":1513171187,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"BET","rel":"KMD","timestamp":1513171187,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"HODL","rel":"KMD","timestamp":1513171187,"bid":0.41284120,"ask":0.42113931,"price":0.41699025} {"result":"success","base":"MSHARK","rel":"KMD","timestamp":1513171187,"bid":7.83275137,"ask":8.60271882,"price":8.21773509} {"result":"success","base":"MGW","rel":"KMD","timestamp":1513171187,"bid":0.58823529,"ask":0.61206121,"price":0.60014825} {"result":"success","base":"PANGEA","rel":"KMD","timestamp":1513171187,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"JUMBLR","rel":"KMD","timestamp":1513171187,"bid":7.84313725,"ask":8.16000000,"price":8.00156863} It is like BRK, no special things, but liquidity provided around the NAV As we get more price discovery on the assetchains, I will narrow the spread SHARK is trading within a few percent of NAV on either side Allowing redemption enmasse would force liquidating long term investments and that could lead to bad results on the trading side. I am not worried about finding reasons for people to want SUPERNET. If they dont want it, they can sell to people that want. And with the initial revenue streams starting December 25th, just holding SUPERNET will get revshares. Hey, maybe that is a reason to hodl the SUPERNET I understand, I was just asking because at one point there was a buy wall for a certain percentage difference from NAV. I too believe that exiting long-term positions is not a good tactic and that rev streams are a reason to hold. Mainly I was wondering if there would be plans that attempt to match the NAV to the market price with buybacks of sort. Good to see that things are being worked on. Thanks again.
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ASNXT
Member
Offline
Activity: 145
Merit: 11
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December 13, 2017, 07:12:48 PM |
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What provides incentive to hold supernet. Sure the NAV is high but investors cannot receive coins from the NAV. Are there any planned benefits? For example, when you are looking to reduce a position supernet holders can buy for 10% less than market prices (amount they can buy is based on supernet holdings). Or maybe super holders can sell super for a portion of NAV coins (but only a certain amount per a year). This can maybe work with a smartcontract.
Just trying to figure out what pegs supernet to it's NAV.
I am running marketmakers around the NAV: {"result":"success","base":"REVS","rel":"KMD","timestamp":1513171187,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"CHIPS","rel":"KMD","timestamp":1513171187,"bid":0.05139616,"ask":0.05242922,"price":0.05191269} {"result":"success","base":"KMD","rel":"BTC","timestamp":1513171187,"bid":0.00025000,"ask":0.00025000,"price":0.00025000} {"result":"success","base":"SUPERNET","rel":"KMD","timestamp":1513171187,"bid":45.02576301,"ask":62.70362754,"price":53.86469527} {"result":"success","base":"CRYPTO","rel":"KMD","timestamp":1513171187,"bid":10.45751373,"ask":10.88000000,"price":10.66875686} {"result":"success","base":"DEX","rel":"KMD","timestamp":1513171187,"bid":5.88235294,"ask":6.12612613,"price":6.00423953} {"result":"success","base":"BOTS","rel":"KMD","timestamp":1513171187,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"BET","rel":"KMD","timestamp":1513171187,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"HODL","rel":"KMD","timestamp":1513171187,"bid":0.41284120,"ask":0.42113931,"price":0.41699025} {"result":"success","base":"MSHARK","rel":"KMD","timestamp":1513171187,"bid":7.83275137,"ask":8.60271882,"price":8.21773509} {"result":"success","base":"MGW","rel":"KMD","timestamp":1513171187,"bid":0.58823529,"ask":0.61206121,"price":0.60014825} {"result":"success","base":"PANGEA","rel":"KMD","timestamp":1513171187,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"JUMBLR","rel":"KMD","timestamp":1513171187,"bid":7.84313725,"ask":8.16000000,"price":8.00156863} It is like BRK, no special things, but liquidity provided around the NAV As we get more price discovery on the assetchains, I will narrow the spread SHARK is trading within a few percent of NAV on either side Allowing redemption enmasse would force liquidating long term investments and that could lead to bad results on the trading side. I am not worried about finding reasons for people to want SUPERNET. If they dont want it, they can sell to people that want. And with the initial revenue streams starting December 25th, just holding SUPERNET will get revshares. Hey, maybe that is a reason to hodl the SUPERNET Good that the Supernet is not a mining platform for hacking. 25% of 50 BTC. calculate how much you would receive dividend on 25.12.2017.
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throway123
Newbie
Offline
Activity: 13
Merit: 0
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December 14, 2017, 08:08:01 PM |
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Is there a way your web dev can do a Transaction Audits page on the Supernet site so we can see where funds are going and what is sold? 2 More IOTA were sold and not entirely sure where or how they were spent. Just a master table of sorts, and a column in plain English why a transaction took place.
I think that is a fair request for transparency, and I also think it would bolster more trust (and boost price closer to NAV).
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jl777B
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December 14, 2017, 09:42:42 PM |
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Is there a way your web dev can do a Transaction Audits page on the Supernet site so we can see where funds are going and what is sold? 2 More IOTA were sold and not entirely sure where or how they were spent. Just a master table of sorts, and a column in plain English why a transaction took place.
I think that is a fair request for transparency, and I also think it would bolster more trust (and boost price closer to NAV).
In the process of getting everything automated, but it is not completed yet and not at highest priority so not sure when it will be done. http://46.20.235.46:8111/ is a multi-explorer where you can get the balance at an address for all the supernet coins. The SuperNET address is: RRyyejME7LRTuvdziWsXkAbSW1fdiohGwK The IOTA were diversified into other coins, primarily increasing the KMD position. Things were not 100% up to date, with different trades only partly done, but as of now the totals are accurate and cross checked. I cannot give publicly reasons for my trades without hurting the results of the future trades, maybe after a long time period has passed I could, but disclosing my thinking about recent actions... You can see how that would tip my hand and with the position of the portfolio that would be like playing poker with all your cards showing, but not being able to see the other player's cards
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CoollerOne
Member
Offline
Activity: 72
Merit: 10
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December 15, 2017, 11:58:51 AM |
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Any speculation on what the marketcap for this should be considering whatever assets are held by Supernet?
{"result":"success","base":"REVS","rel":"KMD","timestamp":1513075748,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"CHIPS","rel":"KMD","timestamp":1513075748,"bid":0.04790155,"ask":0.04886437,"price":0.04838296} {"result":"success","base":"KMD","rel":"BTC","timestamp":1513075748,"bid":0.00025000,"ask":0.00025000,"price":0.00025000} {"result":"success","base":"SUPERNET","rel":"KMD","timestamp":1513075748,"bid":50.46080417,"ask":68.70249686,"price":59.58165051} {"result":"success","base":"CRYPTO","rel":"KMD","timestamp":1513075748,"bid":10.45751373,"ask":10.88000000,"price":10.66875686} {"result":"success","base":"DEX","rel":"KMD","timestamp":1513075748,"bid":5.88235294,"ask":6.12612613,"price":6.00423953} {"result":"success","base":"BOTS","rel":"KMD","timestamp":1513075748,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"BET","rel":"KMD","timestamp":1513075748,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"HODL","rel":"KMD","timestamp":1513075748,"bid":0.41990450,"ask":0.42834458,"price":0.42412454} {"result":"success","base":"MSHARK","rel":"KMD","timestamp":1513075748,"bid":8.92047219,"ask":9.69669285,"price":9.30858252} {"result":"success","base":"MGW","rel":"KMD","timestamp":1513075748,"bid":0.58823529,"ask":0.61206121,"price":0.60014825} {"result":"success","base":"PANGEA","rel":"KMD","timestamp":1513075748,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"JUMBLR","rel":"KMD","timestamp":1513075748,"bid":7.84313725,"ask":8.16000000,"price":8.00156863}
Above are the live quotes in barterDEX SuperNET Holdings: {"result":"success","missing":0,"holdings":[{"coin":"iota","balance":13000000,"BTC":3845.01000000}, {"coin":"stratis","balance":1300000,"BTC":785.30400000}, {"coin":"zcash","balance":10000,"BTC":200.48700000}, {"coin":"syscoin","balance":20000000,"BTC":450.40000000}, {"coin":"waves","balance":700000,"BTC":516.35500000}, {"coin":"bitcoin","balance":625,"BTC":625}, {"coin":"bitcoin-cash","balance":1500,"BTC":133.49820000}, {"coin":"heat-ledger","balance":2323851,"BTC":58.56104520}, {"coin":"decred","balance":20000,"BTC":71.83300000}, {"coin":"vericoin","balance":2199368,"BTC":102.49054880}, {"coin":"byteball","balance":4238,"BTC":73.90732960}, {"coin":"iocoin","balance":150000,"BTC":18.82650000}, {"coin":"quantum-resistant-ledger","balance":375000,"BTC":26.17875000}, {"coin":"chips","balance":2577006,"BTC":24.63617736}, {"coin":"hush","balance":100000,"BTC":8.50200000}, {"coin":"mobilego","balance":100000,"BTC":3.36800000}, {"coin":"KMD","balance":6008650.11415525,"KMD":6008650.11415525}, {"coin":"REVS","balance":6335.95500000,"KMD":12925.34820000}, {"coin":"JUMBLR","balance":239022.38900000,"KMD":1950422.69424000}, {"coin":"SUPERNET","balance":6335.95500000,"KMD":435295.92849417}, {"coin":"PANGEA","balance":602828.14640000,"KMD":2459538.83731200}, {"coin":"DEX","balance":257733,"KMD":1578904.86486486}, {"coin":"BET","balance":2688,"KMD":5483.52000000}, {"coin":"CRYPTO","balance":320754.73700000,"KMD":3489811.53855999}, {"coin":"HODL","balance":70000,"KMD":29984.12036123}, {"coin":"MSHARK","balance":385403.90000000,"KMD":3737143.24268872}, {"coin":"BOTS","balance":288157,"KMD":1175680.56000000}, {"coin":"MGW","balance":16864,"KMD":10321.80018001}, {"coin":"total","balance":20894162.56905623,"error":"no price source"}],"KMDholdings":6008650.11415525,"KMD_BTC":0.00019881,"btcsum":6944.35755096,"btc2kmd":40938269.10193252,"NAV_KMD":50.16846373,"NAV_BTC":0.00997399,"NAV_USD":167.33139225,"fundvalue":55823781.55683350,"divisor":816016,"assetNAV_KMD":68.41015563,"assetNAV_BTC":0.01360062,"assetNAV_USD":228.17454899} The bid side puts the marketcap at $136 million, ask side $186 million. So a reasonable figure for SuperNET marketcap would be $160 million USD Really appreciate your hard work. Been with supernet since near the start, you have slowly built a foundation. Perhaps komodo and supernet will be the best privacy ecosystem in crypto. Any estimates on revenue streams? December 25th will be the first revshare. There is 50 BTC of CRYPTO revenues to allocate. SuperNET is getting about 25% of it, REVS 5%, so those three assets will get revenue this year yes, that is about $850,000 of revshares, so if BTC price holds, an $0.85 per CRYPTO coin dividend it is Just to make sure I understand how this whole system works, REVS holders will get 5% from CRYPTO, plus 5% of SUPERNET's income, which is another 0.25*0.5*0.05=0.6% of those 50BTC? Thanks.
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jl777B
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December 15, 2017, 07:34:17 PM |
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Any speculation on what the marketcap for this should be considering whatever assets are held by Supernet?
{"result":"success","base":"REVS","rel":"KMD","timestamp":1513075748,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"CHIPS","rel":"KMD","timestamp":1513075748,"bid":0.04790155,"ask":0.04886437,"price":0.04838296} {"result":"success","base":"KMD","rel":"BTC","timestamp":1513075748,"bid":0.00025000,"ask":0.00025000,"price":0.00025000} {"result":"success","base":"SUPERNET","rel":"KMD","timestamp":1513075748,"bid":50.46080417,"ask":68.70249686,"price":59.58165051} {"result":"success","base":"CRYPTO","rel":"KMD","timestamp":1513075748,"bid":10.45751373,"ask":10.88000000,"price":10.66875686} {"result":"success","base":"DEX","rel":"KMD","timestamp":1513075748,"bid":5.88235294,"ask":6.12612613,"price":6.00423953} {"result":"success","base":"BOTS","rel":"KMD","timestamp":1513075748,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"BET","rel":"KMD","timestamp":1513075748,"bid":1.96078431,"ask":2.04000000,"price":2.00039216} {"result":"success","base":"HODL","rel":"KMD","timestamp":1513075748,"bid":0.41990450,"ask":0.42834458,"price":0.42412454} {"result":"success","base":"MSHARK","rel":"KMD","timestamp":1513075748,"bid":8.92047219,"ask":9.69669285,"price":9.30858252} {"result":"success","base":"MGW","rel":"KMD","timestamp":1513075748,"bid":0.58823529,"ask":0.61206121,"price":0.60014825} {"result":"success","base":"PANGEA","rel":"KMD","timestamp":1513075748,"bid":3.92156863,"ask":4.08000000,"price":4.00078431} {"result":"success","base":"JUMBLR","rel":"KMD","timestamp":1513075748,"bid":7.84313725,"ask":8.16000000,"price":8.00156863}
Above are the live quotes in barterDEX SuperNET Holdings: {"result":"success","missing":0,"holdings":[{"coin":"iota","balance":13000000,"BTC":3845.01000000}, {"coin":"stratis","balance":1300000,"BTC":785.30400000}, {"coin":"zcash","balance":10000,"BTC":200.48700000}, {"coin":"syscoin","balance":20000000,"BTC":450.40000000}, {"coin":"waves","balance":700000,"BTC":516.35500000}, {"coin":"bitcoin","balance":625,"BTC":625}, {"coin":"bitcoin-cash","balance":1500,"BTC":133.49820000}, {"coin":"heat-ledger","balance":2323851,"BTC":58.56104520}, {"coin":"decred","balance":20000,"BTC":71.83300000}, {"coin":"vericoin","balance":2199368,"BTC":102.49054880}, {"coin":"byteball","balance":4238,"BTC":73.90732960}, {"coin":"iocoin","balance":150000,"BTC":18.82650000}, {"coin":"quantum-resistant-ledger","balance":375000,"BTC":26.17875000}, {"coin":"chips","balance":2577006,"BTC":24.63617736}, {"coin":"hush","balance":100000,"BTC":8.50200000}, {"coin":"mobilego","balance":100000,"BTC":3.36800000}, {"coin":"KMD","balance":6008650.11415525,"KMD":6008650.11415525}, {"coin":"REVS","balance":6335.95500000,"KMD":12925.34820000}, {"coin":"JUMBLR","balance":239022.38900000,"KMD":1950422.69424000}, {"coin":"SUPERNET","balance":6335.95500000,"KMD":435295.92849417}, {"coin":"PANGEA","balance":602828.14640000,"KMD":2459538.83731200}, {"coin":"DEX","balance":257733,"KMD":1578904.86486486}, {"coin":"BET","balance":2688,"KMD":5483.52000000}, {"coin":"CRYPTO","balance":320754.73700000,"KMD":3489811.53855999}, {"coin":"HODL","balance":70000,"KMD":29984.12036123}, {"coin":"MSHARK","balance":385403.90000000,"KMD":3737143.24268872}, {"coin":"BOTS","balance":288157,"KMD":1175680.56000000}, {"coin":"MGW","balance":16864,"KMD":10321.80018001}, {"coin":"total","balance":20894162.56905623,"error":"no price source"}],"KMDholdings":6008650.11415525,"KMD_BTC":0.00019881,"btcsum":6944.35755096,"btc2kmd":40938269.10193252,"NAV_KMD":50.16846373,"NAV_BTC":0.00997399,"NAV_USD":167.33139225,"fundvalue":55823781.55683350,"divisor":816016,"assetNAV_KMD":68.41015563,"assetNAV_BTC":0.01360062,"assetNAV_USD":228.17454899} The bid side puts the marketcap at $136 million, ask side $186 million. So a reasonable figure for SuperNET marketcap would be $160 million USD Really appreciate your hard work. Been with supernet since near the start, you have slowly built a foundation. Perhaps komodo and supernet will be the best privacy ecosystem in crypto. Any estimates on revenue streams? December 25th will be the first revshare. There is 50 BTC of CRYPTO revenues to allocate. SuperNET is getting about 25% of it, REVS 5%, so those three assets will get revenue this year yes, that is about $850,000 of revshares, so if BTC price holds, an $0.85 per CRYPTO coin dividend it is Just to make sure I understand how this whole system works, REVS holders will get 5% from CRYPTO, plus 5% of SUPERNET's income, which is another 0.25*0.5*0.05=0.6% of those 50BTC? Thanks. no double dipping, REVS will just get the proportional share from the CRYPTO 50BTC as that is the only source of revshare funds this year. Its value has gone from several hundred thousand dollars to almost a million since it was announced!
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CoollerOne
Member
Offline
Activity: 72
Merit: 10
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December 16, 2017, 03:27:37 AM |
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Got it, no doubt these are very substantiation funds and a good example of where the whole system is going. Congrats on the new ATH btw. HODL!
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GTTIGER
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December 19, 2017, 12:37:59 AM |
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Supernet nav is at $278 per a SUPER/UNITY. This market is crazy 🤣
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coco23
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December 19, 2017, 01:08:57 PM |
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Supernet nav is at $278 per a SUPER/UNITY. This market is crazy 🤣
What I don't understand is, why people sell their shares for <100 NXT (roughly 1 NXT = $1) on the NXT chain? Also when is the next transfer to the Komodo chain happening? I sent my SuperNETs 2 days ago and now I am waiting impatiently
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jl777B
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December 20, 2017, 06:49:14 AM |
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Supernet nav is at $278 per a SUPER/UNITY. This market is crazy 🤣
What I don't understand is, why people sell their shares for <100 NXT (roughly 1 NXT = $1) on the NXT chain? Also when is the next transfer to the Komodo chain happening? I sent my SuperNETs 2 days ago and now I am waiting impatiently probably because they are not calculating the valuations properly, or maybe it is simply a non-math based trading?
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jl777B
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December 20, 2017, 07:24:09 AM |
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December 25th Revshare.
CRYPTO generated over 50 BTC through the year and over the last weeks I have been converting it to KMD. Got an average price close to 25000 sats!
The total revshare will be 197000 KMD, a bit more than a million USD worth. Not bad for the initial payout.
With JUMBLR already accumulated over 20,000 KMD and DEX revshare expected to be greater than JUMBLR and the spillovers into BOTS and MGW, it could be that we more than triple the first year's payout next year.
Since these are currently not automated processes and I have to do them manually, they wont be that frequent. When there is approx million dollars worth accumulated, I will take time to manually do them.
197000 from CRYPTO REVS: 5% -> 9850 KMD to REVS total REVS: 1300019.33775318 unclaimed REVS: 145634.69481869 REVS denominator: 1154384.64293449
net Allocation: 187150 KMD
Total CRYPTO: 1000007.70761245 unclaimed: 38031.53431939 denominator: 961976.17329306
SUPERNET: has 320754.737 ratio: 0.33343314 * 187150 revshare: 62351.99718 KMD total SUPERNET: 816070.19114565 unclaimed: 332487.67505000 denominator: 483582.51609565
non-SUPERNET denominator: 641221.43629306 CRYPTO revshare to non-SUPERNET: 124648.00282 KMD
Given today's numbers, the above is the allocations. It will change slightly with a bit more NXT redeems, but it wont be any large change as most all of CRYPTO is already redeemed (for very good reason!)
What this means is that there will be three different December 25th revshares: 9850 KMD to REVS, approx 0.00853268 KMD per REVS 62351.99718 KMD to SUPERNET, approx 0.12893765 per SUPERNET 124648.00282 KMD to CRYPTO, approx 0.19439150 per CRYPTO
As you can see it is a fairly complicated process, so I hope you can understand why it needs to be infrequent. As revenues levels increase, I will definitely have to automate all this, but the first several times manual is best.
Let me know if I missed anything.
snapshots will be done during any block (arbitrarily chosen) during the unixtime day of December 25th. Not sure I can get everything processed all in a day, so please dont keep asking when the pauyout will be done. If it is December 27th and I havent posted payout details, then you can ask.
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coco23
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December 20, 2017, 10:55:24 AM |
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December 25th Revshare.
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snapshots will be done during any block (arbitrarily chosen) during the unixtime day of December 25th. Not sure I can get everything processed all in a day, so please dont keep asking when the pauyout will be done. If it is December 27th and I havent posted payout details, then you can ask.
Will you complete another swap before that date? I transferred the SupeNets a few days ago and it would be great to be included in the snapshot
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jl777B
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December 20, 2017, 12:23:20 PM |
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December 25th Revshare.
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snapshots will be done during any block (arbitrarily chosen) during the unixtime day of December 25th. Not sure I can get everything processed all in a day, so please dont keep asking when the pauyout will be done. If it is December 27th and I havent posted payout details, then you can ask.
Will you complete another swap before that date? I transferred the SupeNets a few days ago and it would be great to be included in the snapshot that is why I wrote: It will change slightly with a bit more NXT redeems,
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coco23
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December 20, 2017, 12:32:32 PM |
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that is why I wrote: It will change slightly with a bit more NXT redeems,
Sorry, wasn't entirely clear to me. Thanks
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ballerbudget
Newbie
Offline
Activity: 16
Merit: 0
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December 20, 2017, 10:08:30 PM |
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Are there any directions or a guide on how to claim REVS/CRYPTO/JUMBLR?
I participated in the KMD ico and have my KMD in the swing wallet. How do I claim these other assets I may be eligible for?
Grant
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