Increase in the Fund and small changes in the rules

in #investment • 5 years ago


In early January it sold 943,25 new token of the Fund. So now the turnover is 1422,0365 XCHNG.FUND, and the estimated value of the portfolio at the beginning of the month is 1329.6 bitUSD.

Also in the rules was noticed inaccuracy, which theoretically could allow "intruders" to enter the Fund at a very low price, thereby significantly reducing the share of existing investors. In paragraph 5 about the issue of new tokens, a clarification was added about the price of their sale: " The selling price of such tokens is determined after the distribution of profits and repurchase and will be equal to the maximum price of the current repurchase, but not lower than the current estimated price of the token.»

The latest version of the rules can be found on the website.

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#bitshares #cryptocurrency #fund #tre-fund
5 years ago in #investment by
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