Dividends has been sent.
My bot was down for the whole month, so I have paid this one from my own pockets. If you want proof, I can it send over PM.
The rates continue to fall, but the percentage are still pretty good. I don't know if I can continue to promise 1%, but I can't see into the future so we have to wait.
Topic: [Burst] Margin - Margin lending - ~1% monthly - Long term (Read 820 times)
Dividends has been sent. 
The rates has fallen a bit, but it is nothing big. I can still promise 1%.
The rates has fallen a bit, but it is nothing big. I can still promise 1%.
We are searching for a logo for Margin and Vector. You can join and have a chance to win 0.02BTC and create the next logo for Margin.
I have removed the buyback feature from Margin. Nobody has said anything and it's what I think is the best. This will also create open market below the 50 burst.
Margin V.BTC: This asset will be created when(if) bitcoin gets it own asset exchange. (Counterparty doesn't count)
Feedback is (as always) appreciated.
We have found one. This winner was creativeeditors. You can read more about the second and third place here I have removed the buyback feature from Margin. Nobody has said anything and it's what I think is the best. This will also create open market below the 50 burst.
Margin V.BTC: This asset will be created when(if) bitcoin gets it own asset exchange. (Counterparty doesn't count)
Feedback is (as always) appreciated.
We are searching for a logo for Margin and Vector. You can join and have a chance to win 0.02BTC and create the next logo for Margin.
I have removed the buyback feature from Margin. Nobody has said anything and it's what I think is the best. This will also create open market below the 50 burst.
Margin V.BTC: This asset will be created when(if) bitcoin gets it own asset exchange. (Counterparty doesn't count)
Feedback is (as always) appreciated.
I have removed the buyback feature from Margin. Nobody has said anything and it's what I think is the best. This will also create open market below the 50 burst.
Margin V.BTC: This asset will be created when(if) bitcoin gets it own asset exchange. (Counterparty doesn't count)
Feedback is (as always) appreciated.
Did any body approached you for this yet?
Only 1 person I appreciate the words, but they aren't the most constructive ones. If nobody say anything, I will simply remove the buyback feature. The second asset can wait, as it would take a lot of time with me as the middleman. If bitcoin ever get a asset exchange on it's blockchain (counterparty doesn't count), I might make a Margin V.BTC.
Did any body approached you for this yet?
Dividends has been sent to all holders.
We have some changes coming up for Margin.
You can vote on the future at BURST-9YGR-CMJU-MLFL-2EGMT. (Vote using the online wallet and go to Services -> dividends+ -> vote in poll and enter BURST-9YGR-CMJU-MLFL-2EGMT.)
We have some changes coming up for Margin.
Quote
The problem is, If I sells burst at X price and the price goes above X. Someone can use our feature of buyback and take funds from other users. This way we could run out of funds. The idea with the second asset is to provide a more stable and secure way for investors and other people to earn interest. We could also simply remove buyback...
Doesn't work, but you are welcome to post your opinion here.New Announcements
I have removed the buyback feature from Margin.
We are searching for a logo for Margin and Vector. You can join and have a chance to win 0.02BTC and create the next logo for Margin.
I have removed the buyback feature from Margin. Nobody has said anything and it's what I think is the best. This will also create open market below the 50 burst.
Margin V.BTC: This asset will be created when(if) bitcoin gets it own asset exchange. (Counterparty doesn't count)
Feedback is (as always) appreciated.
We have found one. This winner was creativeeditors. You can read more about the second and third place hereI have removed the buyback feature from Margin. Nobody has said anything and it's what I think is the best. This will also create open market below the 50 burst.
Margin V.BTC: This asset will be created when(if) bitcoin gets it own asset exchange. (Counterparty doesn't count)
Feedback is (as always) appreciated.
Payouts
FebruaryCode:
Margin (12352013921347055881) Total found assets: 1000000, Assets to be distributed: 50063.6
Summary of proposed distribution of 23616BURST to 10
Based on asset holders at timestamp 49466105 (Sat, 20 Jun 2015 00:35:05 GMT)
Number of assets, Account, Payout amount
20000, BURST-EEWX-K3D3-ZWNM-3SDPX, 9434.39944391
10000, BURST-GGPX-PP5S-LAGP-CBGCU, 4717.19972195
10000, BURST-79PK-DGC2-M4XP-HUAVB, 4717.19972195
5000, BURST-UPJN-GJ2M-AVTV-A6VZW, 2358.59986098
4000, BURST-ACGB-YGHQ-G9ZL-5XD7U, 1886.87988878
540, BURST-VJPX-YHKZ-MBN4-866X5, 254.72878499
280.7, BURST-QUZQ-LMPD-KBWS-EC5FT, 132.4117962
199.9, BURST-FLWM-RWJJ-8XBF-74Q5U, 94.29682244
35, BURST-83BD-TN5M-DYNV-6XXR4, 16.51019903
8, BURST-XWGL-B3VC-P9UW-68WQ3, 3.77375978
Code:
Margin (12352013921347055881) Total found assets: 1000000, Assets to be distributed: 50063.6
Summary of proposed distribution of 74586BURST to 10
Based on asset holders at timestamp 51949135 (Sat, 18 Jul 2015 18:18:55 GMT)
----------------------
Number of assets, Account, Payout amount
18947.4, BURST-EEWX-K3D3-ZWNM-3SDPX, 28228.3091188
10000, BURST-GGPX-PP5S-LAGP-CBGCU, 14898.24942673
10000, BURST-79PK-DGC2-M4XP-HUAVB, 14898.24942673
5000, BURST-UPJN-GJ2M-AVTV-A6VZW, 7449.12471336
4000, BURST-ACGB-YGHQ-G9ZL-5XD7U, 5959.29977069
1333.3, BURST-QUZQ-LMPD-KBWS-EC5FT, 1986.38359607
540, BURST-VJPX-YHKZ-MBN4-866X5, 804.50546904
199.9, BURST-FLWM-RWJJ-8XBF-74Q5U, 297.81600604
35, BURST-83BD-TN5M-DYNV-6XXR4, 52.14387299
8, BURST-XWGL-B3VC-P9UW-68WQ3, 11.91859954
Code:
Margin (12352013921347055881) Total found assets: 1000000, Assets to be distributed: 50063.6
Summary of proposed distribution of 28277.95BURST to 14
Based on asset holders at timestamp 54557948 (Mon, 17 Aug 2015 22:59:08 GMT)
----------------------
Number of assets, Account, Payout amount
18472.9, BURST-EEWX-K3D3-ZWNM-3SDPX, 10434.24249465
10000, BURST-GGPX-PP5S-LAGP-CBGCU, 5648.40522855
10000, BURST-79PK-DGC2-M4XP-HUAVB, 5648.40522855
5000, BURST-YWEL-LTHK-DVGW-3NCUB, 2824.20261427
3860, BURST-ACGB-YGHQ-G9ZL-5XD7U, 2180.28441822
1481.3, BURST-QUZQ-LMPD-KBWS-EC5FT, 836.69826651
540, BURST-VJPX-YHKZ-MBN4-866X5, 305.01388234
250, BURST-FWJ4-2VSS-BJT6-2T4HN, 141.21013071
199.9, BURST-FLWM-RWJJ-8XBF-74Q5U, 112.91162052
102.5, BURST-YCZP-KEA3-D2WP-CYDSP, 57.89615359
100, BURST-3EPX-R483-V7MY-69M65, 56.48405229
35, BURST-83BD-TN5M-DYNV-6XXR4, 19.7694183
16, BURST-XWGL-B3VC-P9UW-68WQ3, 9.03744837
6, BURST-7KCY-H6VH-NCLQ-C38XW, 3.38904314
Code:
Margin (12352013921347055881) Total found assets: 1000000, Assets to be distributed: 50063.6
Summary of proposed distribution of 25005BURST to 16
Based on asset holders at timestamp 57232308 (Thu, 17 Sep 2015 21:51:48 GMT)
----------------------
Number of assets, Account, Payout amount
18440.1, BURST-EEWX-K3D3-ZWNM-3SDPX, 9210.17866274
10000, BURST-GGPX-PP5S-LAGP-CBGCU, 4994.64680926
10000, BURST-79PK-DGC2-M4XP-HUAVB, 4994.64680926
5000, BURST-YWEL-LTHK-DVGW-3NCUB, 2497.32340463
3860, BURST-ACGB-YGHQ-G9ZL-5XD7U, 1927.93366837
1481.3, BURST-QUZQ-LMPD-KBWS-EC5FT, 739.85703186
540, BURST-VJPX-YHKZ-MBN4-866X5, 269.7109277
240, BURST-FWJ4-2VSS-BJT6-2T4HN, 119.87152342
199.9, BURST-FLWM-RWJJ-8XBF-74Q5U, 99.84298972
102.5, BURST-YCZP-KEA3-D2WP-CYDSP, 51.19512979
100, BURST-3EPX-R483-V7MY-69M65, 49.94646809
35, BURST-83BD-TN5M-DYNV-6XXR4, 17.48126383
32.8, BURST-SJ6W-22VW-NJ89-DN9DZ, 16.38244153
16, BURST-XWGL-B3VC-P9UW-68WQ3, 7.99143489
10, BURST-HXX8-5MQ6-W8FR-9ZVBV, 4.99464681
6, BURST-7KCY-H6VH-NCLQ-C38XW, 2.99678809
Margin is a margin lending asset. It will be based on a bot running 24/7.
The asset pays 75% of its earnings to the asset holders. 20% to future investments. 5% to maintenance.
Total assets is 1'000'000, and they would be sold at 50 burst each. This makes the max amount of burst in the asset, 50'000'000 burst, this is currently 8.5 bitcoins*.
The bot is fully open source and written in python, (all credits goes to Mikadily). Because the bot is a margin lending bot, lending bitcoins out has a very low chance of failing. This is why I have chosen margin lending, instead of another bot. I have kept a reserve with at least 0.1 bitcoins with the bot, to make sure there is room for investments later in the month. I have forked my own version designed to Margin, it can be found here: https://github.com/FrilledFish/poloniexlendingbot
You can invest in the asset at anytime and will get full payout even if you buy at the last moment. I have chosen this to lessen confusion and because we have a reserve, in case anyone do invest late.
Unlike most other assets, Margins payout can be up to a week late. This is because I will be adding liquidity to Burst instead of pumping the price. This will also be adding a few more burst to the total payout.
Stats
Name: Margin
Asset ID: 12352013921347055881
Total Shares: 1'000'000
ICO Price: 50
Dividends: Monthly
Payout based in: Bitcoin
!!!
The asset is not based on trading or gambling, like the name may suggest.
*The asset has a high cap, because I want to make sure we have a high payout, in case we run out of assets to sell. Price of burst can change, as can the total.
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