I have a temporary solution to allow more liquidity with the SRF.
Right now, the entire SRF is fixed into mid-long positions in altcoins. My solution proposes that we allow people to INVEST into the SRF. That means, an investor can deposit BTC to an SR-fund address, and wait for 2 or so weeks while the SRF generates a revenue based off of the deposit. At the end, the BTC will be returned, and half of the revenue will be used to buy DCR and burn it, while the other half will be used to buy DCR and be sent to the investor as a token of reward. It generally is a win-win situation. For the case of this, the entirety of the investors' deposit will be invested into S5 and S7 mining shares on HashNest, so we can return to the days where the SRF did a buy every 24-48 hours, while there will be a weekly big buy by the original SRF fund, with revenue generated from trading.
This would be a completely transparent process, and every week I will provide screenshots of the mining fund and progression of hashrate/revenue.
All the best,
Adam
This is actually a decent idea. Why not post more details.
So basically, you send BTC to an SRF deposit fund, and specify after how long you want the BTC returned. For example, if you want your BTC back within a week, the SRF will immediately transfer all funds to HashNest, invest in S5 and S7 mining shares, and do a daily SRF buy with revenue generated from those shares. Half of the buy will be burned, while the other half of the buy will be sent to the investor as a token of reward. After 7 days, the BTC will be returned to the depositor.
If you would like to make this plan a reality, send a deposit to the aforementioned address, and message me the following details:
SRF Deposit Fund (BTC) address:
19ifAsHH1gH9ocJiZqCWA8A2Mk7oJ28H8eYour BTC return address:
Your DCR address:
TXID of deposit:
If there is any additional information required, please feel free to ask.
Best,
Adam