Once the feeshare sale is over, what is the total number of coins ever exist?
ShareCoin Re-Distribution
ShareCoin generated from FeeShares sale will be distributed back to the community in 2 ways:
MultiPool distribution: ShareCoin are distributed to the Multipool's miners at the current market price. As the ShareCoin are taken from the FeeShares sell, this won't affect the market price. Threrefore, miners are getting ShareCoin at the best rate available. Join our multipool at:
Exchange interest: Keeping ShareCoin inside the exchange will let you earn interest on ShareCoin itself. The interest rate is twice as much the ShareCoin's stake interest rate at that time.
Current Total is only 100 000 000 coins
In order to sell 50% of the FEE SHARES, we need
50,000 FEE SHARE * 20 000 = 1000 000 000 coins.
So the 100% of the FEESHARES 100 000 are effectively worth 2 Billion share coins.
But we only have 100 million coins to start with.
I am confused?
ShareCoins generated from FeeShare will be distributed back to the community through the exchange's interest and the multipool.
even though there are only 5000 FeeShare (5% of the total shares you are planning to create in future) are there to start with, right?
or do you see the 5000 shares as 50% until you do the further distribution of fee shares, and calculate the profit sharing according to
the total number of feeshares present at any given point of time?
