When I increased the bankroll commission to 50% of the expected profits in September 2019 I had hoped to reduce the size of the bankroll and therefore the total amount of investors' money bustabit and bustadice are responsible for. However, one year later the combined bankrolls still total more than 11,000 BTC. To more actively manage the size of the bankrolls I will be making two changes effective December 15:
First, offsite investing will be retired completely. This will immediately reduce the size of the bankrolls by more than 4,000 BTC and is also in the interest of fairness towards the majority of investors who did not have the opportunity to invest offsite. All remaining offsite investments will be eliminated and affected investors will receive an equivalent amount of dilution fee credits.
Second, bustabit and bustadice will both move to a dynamic commission model where the commission changes in real-time based on the size of the bankroll:
commission rate = bankroll / 10,000 BTC
On bustabit this means that the commission rate will be roughly the same as now or slightly lower. On bustadice these changes slash the commission by more than half, down to ~20%.
Thanks for keeping us up2date Devans!
I think its a smart decision to eliminate the Off Site Investment Option and super fair of you to credit everyone the dillution fee on those offsite investments!
I like the new commision model!