Also, am I right to assume that the profit you gained and shared are from your team doing arbitrary with users funds?
Correct, 100% of the profits are distributed to the RBIT Token holders
Uhh... if to be eligible we only need to have RBIT on our wallet during a snapshot, then it is quite acceptable if I buy and store RBIT one day before the snapshot (next Tuesday, as per your post above) and sell those RBIT into other currency soon after the snapshot end?
But, isn't your profit, which then will be shared upon token holders equally, is generated through the arbitrary activity with user's fund? Which is why you returned their "willingness" to "lend" their funds for arbit by sharing your profit with them?