Topic: P - page 42. (Read 78397 times)
The contract on GLBSE mentions 5% dividends, while this thread mentions 6.5%. Which one is it?
And thanks! Looks interesting to say the least
I believe its from the old bond which became this. And thanks! Looks interesting to say the least
I was liking 5%/wk and 1/3 insured more but this should do find. It will be hard to beat these rates outside of investing directly with pirate
If the rates at BTCST change, the rates of this bond will change to reflect the rate change.
Proportionally or linearly?
(As in, are you taking a percentage fee or a flat fee?)
Umm.. I pay out .065 BTC each week on a bond that I sell for 1 BTC.
I more or less keep the .005 BTC each week for managing all this/fees.
Thanks.
Seems I didn't get across clearly. If Pirate changes his rates, will the pass-through rate bond purchasers receive be affected linearly or proportionally in regard to the change in rates?
For example, .065 is currently ~92.86% of Pirate's rate (.07). If Pirate cuts his rate in half, to .035, would bond payouts be .0325 (~92.86% of .035) or .03 (.07-.035)?
Stated in other terms, do you take the .005 fee as a percentage of Pirate's rate, or as a flat amount?
Hope that helps clarify my query.
If the rates at BTCST change, the rates of this bond will change to reflect the rate change.
Proportionally or linearly?
(As in, are you taking a percentage fee or a flat fee?)
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