Topic: 🔷trade.io🔷[ANN] [ICO]💲31,169,749 🔷Partner Civic & Bancor🔷HitBTC & OKEx - page 13. (Read 66177 times)

Is this airdrop still active?

The Watchdog airdrop will run from July 11th–27th and is free to enter for anyone who registers with the trade.io airdrop program.

Q: What about Blossom wallet?

A: That wallet is under development, which makes it easier to participate in ICOs, have KYC, etc.

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Trade.io’s best asset: The Liquidity Pool (Part 2)
Posted by Xalat on July 8, 2018July 8, 2018

In yesterday’s post I provided the link to the official Fact Sheet for the proposed trade.io LP. However, I’ve seen so many questions asked about all this on trade.io’s Telegram channel that I feel I need to elaborate on the information provided till now in the Fact Sheet and by the management in the hopes of clarifying some misconceptions that many seem to have.

I feel that the Fact Sheet does not make a proper distinction of the three variables used in the calculation for the potential daily profits and may be a source of confusion for some.

So here goes:

To start, the daily profits are calculated using three independent variables each explained in somewhat simple terms below:

The first variable is calculated as 50% of ALL the profits/losses made on the day by the whole company. This means that all sources of income/costs contribute to the daily profits of participants. This would include: ICO advisory charges, exchange fees, running costs etc. The Fact Sheet in my opinion is a little too optimistic even though I do hope one day we’ll actually see those figures, but basing my calculations on current big exchanges we should be looking at a more conservative value of $2,000,000, short to mid-term, after launch. So let’s base our calculations on a more realistic profit from the LP of $1,000,000 daily (50% of $2,000,000).
The second variable is calculated as the individual participant’s total amount of TIO in comparison to ALL the TIOs (of all the PARTICIPANTS) in the pool. This excludes the 50 million TIO seeded by the company as has been clarified by management. The Fact Sheet estimates the total of TIOs participating in pool at 50 million which, based on all factors, seems reasonable. Let’s say I locked in 16,000 TIO. This means that the value for this second variable in the calculation for my personal contribution is 16,000/50,000,000 = 0.00032
Finally, the last variable deals with the various tiers based on the amount of TIOs a participant decides to contribute. and they come in bands as follows:
From 2,500 to 4,999; 10%
5,000–7,499; 20%
7,500–9,999; 30%
10,000–12,499; 40%
12,500–14,999; 50%
15,000–17,499; 60%
17,500–19,999; 70%
20,000–22,499; 80%
22,500–24,999; 90%
25,000+; 110%
Thus, if we have 16,000 TIOs locked in we would fall in the 60% tier.

As such, the daily profit would be 1,000,000 x 0.00032 x 60% = $192.

What seems to confuse the most is the distinction between variables 2 and 3. These variables are completely independent and as such contributing 15,000 or 16,000 will at the end of the day make a difference in the amount you’ll be getting daily despite both falling in the same tier. Let’s calculate the profits if let’s say I contribute 17,000 instead of 16,000:

1,000,000 (50% of company profits) x (17,000/50,000,000) x 60% (still in same tier as when we contribute 16,000) = $204

i.e. a $12 dollar difference in this case.

With this out of the way, here’s some more info in regards to the way the LP is planned to work:

Whatever amount of TIOs you lock in the pool will always remain the same (unless you withdraw or add to it). So, if I put in 16,000 TIOs that’s the amount of TIOs I will always have no matter what the USD value of TIO is. The conversion into USD of your contributions mentioned in the Fact Sheet is done internally but does not affect the amount of TIO per se.
The daily company profits depend on several factors including costs for running the operations. As such, there might be days where losses are registered. This means that only once these losses are covered can participants start seeing profits again. Having said that, trade.io will be the front-line risk capital which means that losses are first and foremost covered by the 50 million TIOs seeded by the company so participants are pretty much covered from losses unless the company goes completely belly up.
Finally, I’d like to point readers at our unofficial Telegram channel for all community members interested in discussing anything TIO.

join trade.io affiliate campaign here: trade.io/l/lb1x

Disclaimer:

This is not financial advice and figures quoted are only to provide an example. Any investment is at the sole responsibility of the investor. Also, the information provided above is the way all information provided by the company has been interpreted by yours truly and may not be accurate. If further clarification is needed, it’s best to contact trade.io directly as I am in no way affiliated with the operations of the company or the management.

ANNOUNCING THE LATEST HAPPENINGS IN TRADE.IO !!
There is three important updates of trade.io, that needs to be pass out to the Crypto community to keep informed about the latest happenings!!
Here are some quick short descriptions below:

First & foremost, trade.io has partnered with Selfkey to provide seamless registration & verification of your exchange account. Now you are free from going through such a lengthy process of manually verification of your account which took so much of time. With the help of Selfkey features, you will be able to pass your verification almost instantly.
I am leaving an official medium post, where you'll get complete details of this features that none of the exchanges has given yet. So have a look.
https://medium.com/@trade.io/trade-io-partners-with-selfkey-for-fast-secure-registration-to-upcoming-exchange-128013deadff

Secondly,  there is a special dare to share contest is going on to promote the trade.io platform & so many Crypto lovers are participating in this contest. So if you missed this opportunity, than here is an another chance for you to get involve because the points have been doubled from 12th to 17th July.
So take advantage before it's gone & have a look what is there for you.
https://wn.nr/sQQv8d

And lastly, on 13th Friday the CEO of trade.io is going to held a live question & answer session to to give you the answer of all your questions related to trade.io platform, on it's official Telegram channel @TradeToken.
So be prepare yourself to attend the session to know about the launch of this exchange.

Thank you!!
With regards,
Manoj Kumar Ram