Topic: [ANN][SEM] Semux - Official Thread - page 167. (Read 694126 times)

There is a snapshot in April 1st. How is the ETH air drop ratio not yet announced, is it worth participating in?

I have some ETH and am very happy to know about this airdrop. I hope to receive Semux and wait for the rules to be announced.

Without knowing the rules of the drop, they might actually lose out.
If there is a minimum amount and they no longer have it.

I think that you're probably right. But I'm pretty sure some users already splitted their ethers among several addresses in the hope of receiving more coins.

That's because the information hasn't been made public yet and probably for good reason.  Most specifically because of what monsanto just pointed out in that people was split up their ETH into multiple addresses simply to take advantage of the distribution.

Good breakdown, and it gets even more complicated with large amounts of votes since you could split them up in various ways for optimum payouts. Is the the "first 56" positions because the validator rewards are still skewed to benefit the higher positioned validators?


 

Do we know that BTC holders were not notified ahead of time? I thought people had specifically spread out BTC in addresses for optimum claims... although maybe they had just been lucky enough to have it that way. What details were known before BTC airdrop? 

Hello everybody

excuse me if this question was asked before...

How many ETH do I have to have in my wallet to receive Semux?

Thank you

No.

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 100,000 votes with a fee of 15%  then you get (about)  100 sem per day / 10% of votes - 15% fee =  8.5 sem
(Basically a pool gets about 100 sem per day and you would be 10% of them = 10 sem, but pool charges 15%, so you get about 8.5 of those.)

Let's say you have 10,000 votes of your own and to round and make it easy........
If you vote for a pool with a now total of 80,000 votes with a fee of 0%  then you get (about)  100 sem per day / 12.5% of votes - 0% fee =  12.5 sem

I think you were trying to figure out something more like....
At what point is it better to take your 10,000 votes to a pool charging a lower fee than a pool charging a high fee.
Most people don't think about it and simply vote for pools with a low fee.

Not a simple answer since there is going to be a curve in that you want the lowest fee while supporting the highest percentage of votes.  (0% fee / 100% votes)
So, it's best to own your own validator if you have enough votes while charging yourself a 0% fee.

With (for the example) 10,000 votes, it best to find a low fee (still relatively the most important - currently), while getting into a pool which barely has enough votes to be a validator (like within the top 100 (easy), but better within the first 56 (like being in position 55).

People voting for pool in position 1 are making less than those in position 55 since they have to share the block rewards with far more people even if the pool in 55 charges a higher fee than that of position 1.

Keep in mind that BTC holders didn't know of the airdrop and I believe the snapshot was taken before the drop was announced.  So, no manipulation could be done and if it was, it took a lot of money to make it happen.  Dropping to ETH on the same ratio and having given advanced notice means manipulation will take place at a far cheaper cost.

[quote author=Michail1 link=topic=2159012.msg33320643#msg33320643 date=1522186420
I think different from yours. You can not compare the reward of 2 airdrop or use the ratio of BTC holder to apply for ETH, because they are different from each other. Just simply thinking that the next airdrop (ETH holder) is really the distribution of the remaining Semux coins.
One of the most considerable debate that we should concerned for is how many Ethers in our balance that fulfilled for participating requirement.

Really??? just with 1 BTC or 1 ETH, we can transfer into each other between our addresses after signing the message? 😨 Someone has experienced on the previous airdrop for BTC holders, could share something for everyone?

Actually it was better. Addresses with far less than 1 btc got 20 sem too. If you had 1 btc spread out in 10 addresses you got 200 sem.

But while 1 full btc was not trivial to get for many people, holding 1 eth is a lot easier and will probably be the minimum amount to claim sem

Actually it was better. Addresses with far less than 1 btc got 20 sem too. If you had 1 btc spread out in 10 addresses you got 200 sem.

But while 1 full btc was not trivial to get for many people, holding 1 eth is a lot easier and will probably be the minimum amount to claim sem

If BTC:SEM was 1:20  (about $500 to 1 sem)

I agree with you except for the estimated eth to sem drop.

If BTC:SEM was 1:20  (about $500 to 1 sem)
and
BTC:ETH is 1:18   (close enough to a 1:20)
then why would the airdrop to ETH holders get a 1:3 ?
<$500 to 3 sem

That's rewarding ETH holders a 3 times ratio than that of BTC holders.

I don't care one way or the other for BTC/ETH, but I think it should be closer to a fair distribution.   And, considering that many BTC holders didn't know the snapshot was going to take place while ETH holders know up front means far more people will now dump BTC (and alts) just to get ETH to get the airdrop and then dump back to BTC (or other) and also likely dump the SEM as well whereas BTC holders didn't have that opportunity.

Basically, I think the manipulation will have far bigger implications on SEM value now and not simply because of ETH holders or manipulators getting ETH simply for the SEM dump.

When does a new round of semux airdrop start? This new ring of reward activity is worth looking forward to