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Topic: [ANN] CoinoUSD - cryptocurrency tied to USD. (Read 13645 times)

legendary
Activity: 950
Merit: 1000
February 21, 2017, 08:29:32 AM
#29
CoinoUSD was replaced by NXTUSD before its closure. Now the service is completely ignored by its founder Sasha, including many other assets like cryptofund etc. He ignored its investers' interest and just closed it down and turned to Waves' ICO. Disgusting!
sr. member
Activity: 439
Merit: 297
www.amazon.com/shops/MinersSupply
February 20, 2017, 01:58:57 AM
#28
I see that now - the following is from there website:

 
CoinUSD temporarily disabled
CoinoUSD is disabled until further notice. Please do not trade it at NXT Asset Exchange!
hero member
Activity: 742
Merit: 500
The revolutionary trading ecosystem
How much do your team have in Bank or GOld that is backing the value of the token, Tether is backed by real Dollar not virtual.
hero member
Activity: 770
Merit: 505
Eloncoin.org - Mars, here we come!
What are the ways one is currently able to obtain CoinoUSD if they wanted to purchase some?

coinusd(XUSD) is very long time not active sir
youre can see, in comment abover for you, last comment in 2015, this now 2017
after dilisted from poloniex, and poloniex replace USDT
coinusd(XUSD) nothing exchanger support coinoUSD
sr. member
Activity: 439
Merit: 297
www.amazon.com/shops/MinersSupply
What are the ways one is currently able to obtain CoinoUSD if they wanted to purchase some?
hero member
Activity: 550
Merit: 500
February 18, 2015, 05:55:09 AM
#23
We started paying interest on CoinoUSD. The interest rate will be fixed at 0.5% monthly. The first interest payment has been processed. Future payments will be made only to accounts holding CoinoUSD asset at least for a month.

You'd better stop paying that interest, or at least lower the interest rate. 6% yearly is a bit much, raises suspicions that Coinomat experiences solvency problems. Just a humble opinion.
It was done to stimulate using CoinoUSD as a store of value. We are thinking about other ways too.
hero member
Activity: 572
Merit: 506
February 18, 2015, 01:02:32 AM
#22
We started paying interest on CoinoUSD. The interest rate will be fixed at 0.5% monthly. The first interest payment has been processed. Future payments will be made only to accounts holding CoinoUSD asset at least for a month.

You'd better stop paying that interest, or at least lower the interest rate. 6% yearly is a bit much, raises suspicions that Coinomat experiences solvency problems. Just a humble opinion.
hero member
Activity: 605
Merit: 500
February 17, 2015, 12:06:36 PM
#21
Hello "coinomat.com",

Coinmarketcap page indicates 100,000,000 total supply / 1,180,442 available supply.

So is the interest only being applied to the available supply or total supply? How many coins do you/dev team control that are receiving monthly interest?
legendary
Activity: 1484
Merit: 1082
ccminer/cpuminer developer
February 17, 2015, 12:11:20 AM
#20
removed today from poloniex ?
hero member
Activity: 550
Merit: 500
We started paying interest on CoinoUSD. The interest rate will be fixed at 0.5% monthly. The first interest payment has been processed. Future payments will be made only to accounts holding CoinoUSD asset at least for a month.
hero member
Activity: 550
Merit: 500
Direct BTC and other crypto to CoinoUSD exchange is available at Coinomat.com
Coinmarket.cap link: http://coinmarketcap.com/assets/coinousd/
hero member
Activity: 550
Merit: 500

Can please someone explain me how CoinoUSD is emitted?
In Genesis block so to say, it's a centralized issue. The infrastructure is decentralized, market making is not.
hero member
Activity: 784
Merit: 500
Can please someone explain me how CoinoUSD is emitted?
hero member
Activity: 550
Merit: 500
We provide market making now there using automated orders. Now the volume should gradually grow to good values.
On Polo it's trading now, the volume will grow.
Right now it looks like xusd is sold out everywhere  Cry

The market has been much better there thanks  Wink
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
On Polo it's trading now, the volume will grow.
Right now it looks like xusd is sold out everywhere  Cry

The market has been much better there thanks  Wink
hero member
Activity: 550
Merit: 500
On Polo it's trading now, the volume will grow.
Right now it looks like xusd is sold out everywhere  Cry
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Right now it looks like xusd is sold out everywhere  Cry
legendary
Activity: 1330
Merit: 1000
Blockchain Developer
Working on that
Expect it at the end of the week
New market https://poloniex.com/exchange/xusd_hyp  Wink

Now if only we could get some fair priced XUSD on polo...

Thanks, I think this really has some potential. But for such a concept to work it needs to be more liquid. I am working on making the HYP/XUSD market liquid, and we will be encouraging our users to cashout in XUSD if they want fiat.

Thanks for the good work!
hero member
Activity: 550
Merit: 500
Working on that
Expect it at the end of the week
New market https://poloniex.com/exchange/xusd_hyp  Wink

Now if only we could get some fair priced XUSD on polo...
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