Topic: [Burst] Margin - Margin lending - ~1% monthly - Long term (Read 803 times)

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.

Dividends has been sent. 
The rates has fallen a bit, but it is nothing big. I can still promise 1%.

We have found one. This winner was creativeeditors. You can read more about the second and third place here

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.

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.
Doesn't work, but you are welcome to post your opinion here.
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.)

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Maj

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.
Margin will be bought at 90%. (45 burst). You can contact me or create orders on the asset exchange. Removed.
*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.