hi
I do not follow everything about xgr,sorry :/
prise goes 180---600--180 ?
It is from the ico corion?
What will be the sequel for the xgr? xgr will disapear?
thanks mester
Same here, could you please explain whats the XGR relation to the corion platform.
Thanks
I was the crypto expert of the CORION Platform, I helped build it from the ground. In return I will get a handful of CORION coins. CORION is a stable coin it will always be around 1 USD.
CORION Platform is a passive income given platform for individuals and a great pre-funding oportunity for businesses. Of course it has much more in it but lets stick to the basics. In the CORION Ecosystem there are 2 types of user. Basic user and service provider. Service providers are usually business owners who will became CORION accepting places to enjoy the benefit of the extra funding CORION Platform give. As this platform favor the merchants, to spread CORION coins and the platform all around the world, basic users have to connect their accounts (1 account to one service provider, but inside a wallet there can be multiply accounts, so you can spread your coins) to a service provider to get the daily coin emission. This connection is virtual no deposit needed. Users can spend freely the connected accounts coins, but they can get the daily coin emission after their account balance.
The system will check automatically if there is a demand for the coin and if the price is over 1 USD then it will release new coins, maximum of 2.5% daily. If the price is under 1 USD then the coin release will stop. Beside that, every time a transaction occur, 80% of the transaction fee is burning. That means less and less coins in circulation till there will be coin release again.
So, with my CORION coins I will become a service provider called GoldReserve - Goldmine project. As we calculated it, in a month it will give me 10-100% extra coins. These extra coins will be the backing of GoldReserve!
As CORION will always be 1 USD I can calculate a floor price from the amount of coins I have. I will then use 10% of the coins to put a buy wall on Cryptopia at the floor price. As the CORION coin amount will grow so the floor price! It means within a few month 1 GoldReserve coin will worth more and more weekly!
What can you do to help GoldReserve? You can buy a small amount of CORION coins and connect to my service provider with it. How it will help? Each connected user get only a part of the daily coin emission. The service providers can set between 30%-70% the giveback ratio. If a service provider set it to 70% giveback, it means if the daily coin emission is 2.5% then a user will get 1.75% of it and the service provider will get 0.75% after the user's balance.
So if you connect to me with a certain amount I will get a small percentage after your balance from the daily coin emission. If I have more users then I will have more money in my account, which means the floor price will be higher in a shorter amount of time. Which is why it is really beneficial for you to use the CORION Platform. First, you will get a nice amount of interest after your coins. Second, you are helping to raise the floor price, which means your GoldReserve savings will worth more and more.