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Author Topic: [ANN] SuperNET NXT asset 12071612744977229797, SUPERNET KMD assetchain in summer  (Read 734679 times)
sumthinknew
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December 13, 2017, 05:43:58 AM
 #6181

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
 #6182

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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December 13, 2017, 11:44:48 AM
 #6183

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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December 13, 2017, 02:22:17 PM
 #6184

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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December 13, 2017, 05:47:23 PM
 #6185

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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December 13, 2017, 07:12:48 PM
 #6186

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.  Tongue 25% of 50 BTC. calculate how much you would receive dividend on 25.12.2017.

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December 14, 2017, 08:08:01 PM
 #6187

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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December 14, 2017, 09:42:42 PM
 #6188

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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December 15, 2017, 11:58:51 AM
 #6189

Any speculation on what the marketcap for this should be considering whatever assets are held by Supernet?

Code:
{"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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December 15, 2017, 07:34:17 PM
 #6190

Any speculation on what the marketcap for this should be considering whatever assets are held by Supernet?

Code:
{"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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December 16, 2017, 03:27:37 AM
 #6191

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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December 19, 2017, 12:37:59 AM
 #6192

Supernet nav is at $278 per a SUPER/UNITY. This market is crazy 🤣

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December 19, 2017, 01:08:57 PM
 #6193

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 Smiley


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December 20, 2017, 06:49:14 AM
 #6194

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 Smiley
probably because they are not calculating the valuations properly, or maybe it is simply a non-math based trading?
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December 20, 2017, 07:24:09 AM
 #6195

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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December 20, 2017, 10:55:24 AM
 #6196

December 25th Revshare.

...

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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December 20, 2017, 12:23:20 PM
 #6197

December 25th Revshare.

...

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:
Quote
It will change slightly with a bit more NXT redeems,
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December 20, 2017, 12:32:32 PM
 #6198

that is why I wrote:
Quote
It will change slightly with a bit more NXT redeems,
Sorry, wasn't entirely clear to me. Thanks Smiley


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December 20, 2017, 10:08:30 PM
 #6199

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?

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December 21, 2017, 10:22:35 AM
 #6200

I have KMD on the stock exchange, can I expect to be rewarded on December 25 or not?
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