can you elaborate on how CS price is calculated? I don't see all the numbers in the user panel as you say. Give me a newb summary. TY!
hi. you can check total bitcoin investment in right down corner and distribution of investment to investment centers as a pie graph.
calculation is taken place every sunday afternoon. we check all accounts balance and update total fund and divide to total CS number. we cut a maintanence fee depending on revenue from 15% to 25% from net profit. this calculates a CS price. After that + 1% for buy, - 1% for sell price.
for example if there are 1000 CS for 30 BTC for 12.02.2017. CS Index calculated as 0.03 BTC.
new total fund calculated as 30.3 BTC on 19.02.2017 for 1000 CS. So fund profit is 0.3 BTC means 1%. We cut maintenance fee as 25% from 0.3 = 0.075. Net profit added total fund is 30.225 for 1000 CS. New CS price is 0.030225
That is it.
Maintenance fee is 0-0.49% = 15%, 0.5-0.99% = 20%, +1% = 25%
If some one deposit and wants to buy new CS, we distribute the investment as needed and add new CS. For example. we have 30 BTC on 12.02.2017. CS Index is 0.003. some send 1 BTC on 13.02.2017. Buy price is 0,0303. So s/he can buy 33.33 new shares.
Hope it is clear. You can read terms of service on website. All is already described there due the North Cyprus legislation.
