Experimental interest payment program
Created 30.08.2018 13:14
Dear clients, we're running interest payment program in test mode for our clients. Funds will be paid to clients for holding some coins in their Livecoin accounts (balance and open orders are counted). Payments will be made out of so called stake in case when and if Livecoin is able to process stake transactions. Total stake amount will be split between all clients with positive balance of this coin in accordance with the amount of coins they hold.
Test run will take place with GAS (asset of NEO), which will be credited according the amount of NEO you hold on your balance (and open orders). We will use averaged-value to calculate the interest payment amount of GAS for one or another client. For example, if you have had 5 NEO through much of accounting period and you deposited 5000 NEO for one last hour in the period, interest amount will be calculated according your balances: 99% of time you had NEO and 1% of time you had 5000 NEO.
Please note that interest payment program is an experiment and running in test mode, that is why no claims will be accepted. If this experiment will be successful, we will spread it to another assets with available staking.