Topic: [ANN] Minereum - 🔥 🚀 Minereum is Launched on ETH, BSC and Polygon 🚀 - page 46. (Read 63377 times)

STAKE HOLDER PROGRAM

THE STAKE HOLDER PROGRAM IS NOW CLOSED! DO NOT SEND ANY MNE TO THE STAKE HOLDER ADDRESS OR THEY WILL BE LOST

Note: Anyone can participate in the stake holder program, simply send MNE to the eth address below - if you don’t own MNE you can acquire it on livecoin.net (MNE/BTC) or livecoin.net (MNE/ETH).

Stake holder program address: 0xcd7156c91a26625f397f143c2c618ec1cb1e6c98

WARNING: Only send MNE from addresses you have control. DO NOT send from exchanges, you will lose your coins and stake.

What is the Stake Holder Program?

In minereum v2 there will be a range of fees in its processes, they are:

- Genesis Addresses Activation Fees
- Genesis Addresses Decentralized Trading Fees
- MNE Decentralized Trading Fees

All these fees will be distributed to the Stake Holders based on the % they own.

The final % for each Stake Holder will be calculated when the program ends.

The Stake Holder participation will be active until minereum V2 is launched, after minereum v2 is launched it won't be possible to participate anymore. However there will be a decentralized trading platform for Stakes, users will be able to buy and sell %s of the stakes.

How it works - Fees example

Genesis Addresses Activation Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them receives a stake of 10%
4. 50% of the activation fees will be allocated to Stake Holders
5. Currently there are about 300,000 addresses submited
6. If all the addresses are activated and assuming the activation fee is 0.05 ETH the total fees collected will be 300,000 x 0.05 ETH = 15000 ETH, the fees allocated to stake holders will be half of that, meaning 7500 ETH
7. So in this example each participant would get 10% of 7500 ETH = 750 ETH


Genesis Addresses Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the Genesis Addresses ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

MNE Decentralized Trading Fees

For Example:

1. 10 People participate in the Stake Holder Program, in total they sent 10000 MNE
2. Each of them sent 1000 MNE
3. Meaning each of them contributed 10%
4. Each of them is entitled to 10% of the ETH trading fees
5. Assuming in Genesis Address Trading platform there is a volume of fees of 10000 ETH, each of the contributors receives 1000 ETH.

Stay tuned for more updates!

Yes the mne balance of normal addresses will be taken to v2, there is nothing you need to do.

All the mne sent to the stake holder program will be burned, in the unlikely situation that the program is canceled all funds will be refunded.

IMPORTANT INFORMATION FOR V1 GENESIS ADDRESS OWNERS

note: if you are only participating in the v2 airdrop this information is not relevant for you and nothing to worry about.

To all v1 Genesis Address holders, please be aware:

Due to technical limitations in the migration to V2, all v1 Genesis Addresses will be restarted, if you want to keep your available balance from your v1 genesis address make sure to transfer the available balance out to another normal address before the Snapshot date. Snapshot date should happen somewhere in February. All v1 Genesis Addresses will be taken to v2 however the old available  balance won’t be taken and the new mining process only starts upon activation to level 2. For more information about the Genesis Addresses levels: https://bitcointalksearch.org/topic/m.53656242

For normal v1 address owners with MNE nothing to worry about, your balances will be taken to v2.

Hope we can send MNE to the stake Holder Program address now?

It is based on the number of MNE

V2 will be the exact copy of V1, just a waste of time. In this project there will be no future developments exactly like for minereum 1 and the only person who will have a good profit will be the dev. Mark this post then we'll talk about it again.

so i need to pay 0.05 ETH for the genesis address to start self mining? i thought that we just need to pay 0.05 ETH to be able to claim the token from self mining

~snip

That depends on which genesis address of you.

so we need another 0.05 ETH for each genesis address to withdraw the token from the airdrop?
for me i think i need to thinking it again but i still join the airdrop and wait for the price of each token increase then pay 0.05 ETH for activation

We are still defining all details but here is the latest info:

There will be 3 levels of Genesis Addresses
- Level 1 (no fee)
Genesis Addresses receives 32,000 MNE but is not activated, owners can set these addresses for sale. However since the address is not activated, coins are not self mined and MNE transfers are not possible.
- Level 2 (fee applies)
Genesis Address is activated and the self-mining process starts, owners can set the address for sale at the price they wish, however MNE transfers are not possible
- Level 3 (fee applies)
Genesis Address is fully activated including MNE transfers & MNE decentralized trading

The Level 1 addresses are the ones being airdropped in the claim page right now (http://v2.minereum.com) after mne v2 is launched owners will be able to upgrade the addresses to Level 2 & Level 3.

Keep in mind that when the claim phase ends it will not be possible to create more Level 1 addresses.

To answer your question the mining process only starts after Level 2 is activated, meaning the sooner they are activated the more coins they will mine.

All the fees applied in mne v2 will be distributed to the Stake Holder Program participants, meaning:

- Activation Fees
- Genesis Address Decentralized Trading fees
- MNE Decentralized trading fees

For more details on the Stake Holder Program: https://bitcointalksearch.org/topic/m.53332411

I see examples of 0.05 Eth as activation fees of v2 genesis addresses... This equal to about 581 mne at actual livecoin.net price. Considering that a genesis will mine about 1.84 mne per day, it means that you will need about 315 days just to recover from fee paying... Risking for 315 days to lose your investment if mne quote will drop.

If those numbers will become real I don't think there will be a lot of activations, so even the participants to the stake holder program will not get that much fees.

I was thinking to invest some mne in stake holder program but with those numbers and the over 300000 v2 genesis addresses, I think I'll keep funds away.

When will the airdrop and stake holder program end?

like i already said it is good deal because spamer will  not activat multi adresses for dumping, if you want your genesis adresse(s) you will should activat them by your self and pay a tax.





ok but please confirm that same any other genesis addresses will swap to mne v2, because i have mne on other adresse (no genesis) so they will be swapped or we must do some thing for swap ?

also for stakeholder program, my mne sent will be burned ? no refund, no come back ?

I see examples of 0.05 Eth as activation fees of v2 genesis addresses... This equal to about 581 mne at actual livecoin.net price. Considering that a genesis will mine about 1.84 mne per day, it means that you will need about 315 days just to recover from fee paying... Risking for 315 days to lose your investment if mne quote will drop.

If those numbers will become real I don't think there will be a lot of activations, so even the participants to the stake holder program will not get that much fees.

I was thinking to invest some mne in stake holder program but with those numbers and the over 300000 v2 genesis addresses, I think I'll keep funds away.

toyo87 was talking about the Stake Holder program. If you own mne v1 there is nothing you need to do it will be taken to v2

If the mne price goes up all your logic goes down the toilet.

I don’t think anyone believes if this is to succeed the price will remain at $0.01, it will be very easy to reach $1. That’s 100 times ROI by the way or in other words 10,000%

I see examples of 0.05 Eth as activation fees of v2 genesis addresses... This equal to about 581 mne at actual livecoin.net price. Considering that a genesis will mine about 1.84 mne per day, it means that you will need about 315 days just to recover from fee paying... Risking for 315 days to lose your investment if mne quote will drop.

If those numbers will become real I don't think there will be a lot of activations, so even the participants to the stake holder program will not get that much fees.

I was thinking to invest some mne in stake holder program but with those numbers and the over 300000 v2 genesis addresses, I think I'll keep funds away.