In the series we shall be shining the spotlight on Chainces own exchange token CET, monitering how much is added to the fund pool each week and working out how much each frozen CET Token entitles you and comparing that to the current market price of the token.

If your unfamiliar with the tokenomics behind CET I suggest you read this https://chaince.zendesk.com/hc/en-us/articles/360004421234-CET-introduction

CETs fund pool address “cetinterests” was announced  17/08/2018  and the first injection of 6473 EOS was made into the account on this date after CET being traded on the exchange for approximately 7 weeks. The next injection of EOS into the fund pool should take place 24/08/2018.

To work out the amount 1 frozen CET entitles you to we simply divide the amount in the fund pool by 2billion.

6473 divided by 2000000000 = 0.0000032365

At this moment in time the market value of CET on Chaince is 0.008

To get a better understanding on how fast the fund pool adress will accumulate we will need more data. More funds should be added August 26th. I shall report back the information and my conclusions from it then.

5 votes, average: 4.60 out of 55 votes, average: 4.60 out of 55 votes, average: 4.60 out of 55 votes, average: 4.60 out of 55 votes, average: 4.60 out of 5 (5 votes, average: 4.60 out of 5)
You need to be a registered member to rate this.
(372 total tokens earned)
Loading...

Responses