Hi! This will be the long one.
COIN reserve is held inside of the smart contract. 25% of token supply is immediately deposited into this reserve for instant liquidity to the network. Losses from user trades are also deposited in the COIN reserve. The COIN reserve can accept deposited funds but does not support withdrawals from any third-party including Coinvest. It is located inside of, and managed solely by, the smart contract.
The secondary reserve backs up the COIN reserve to provide contingency. 50% of the funds raised from tokensale go into the second reserve. Assume Coinvest hits full raise of $33M, that would mean $16.5M goes into the secondary reserve. Suppose Coinvest doesn't hit full raise, any unsold tokens go into the COIN reserve. The secondary reserve contains cryptonized assets that mirror 1:1 or outpace cryptocurrencies being traded on platform. Coinvest is hiring asset managers in order to manage risk/reserve, help reduce risk, and grow the business.
However, based upon forecasts, the network should never have to utilize the secondary reserve. Even, in the event of worst case scenario, where every trader has profited and decides to liquidate at the same time. If that were to happen, and the amount happens to exceed the first reserve, then the second reserve would be deployed. Even in that case, the second reserve would have had the same, or similar, holdings to those in the user portfolios...ensuring that the system is still liquid and Coinvest could replenish the first reserve again.
Tokensale will last from March, 9th to April, 6th. Tokens will be sent to respective wallets immediately after contribution by smart contract.
Coinvest treats tokens options for its employees and advisors similar to stock options. They carry a 5 year vesting schedule with annual distributions for every award.