Minexcoin differs from other coin alternatives because MinexCoin is reliable in payments, while coin prices are controlled to create an interest in value storage, as well as low volatility cryptocurrency stability, with a steady annual growth. Detention of volatility and price growth maintained by an autonomous motion algorithm system such as the central bank, is MinexBank.
How does minexbank work? MinexBank - an independent smart algorithm takes action to maintain MNC prices in predictable corridors.
The main instrument of MinexBank is ruled in the volatility of the parking and intervention.
Parking means while suspending a number of coins in your wallet that will allow you to receive interest. Interest rates will fluctuate according to the selected parking period and the current supply / demand balance, effectively insensitive to investors for coin parking when supply beats demand in the market. When demand is rising, interest rates are falling and incentive investors to sell. In addition, MinexBank uses its own reserves to intervene - sell or buy MNCs to reduce market pressures
Parking means the coin is withdrawn voluntarily from the market by the user
That temporarily suspended them in their wallets. The user 'parking' is eligible for
Receive interest Users will be able to choose the type of parking depends on
The time they did to store coins in their wallets without using them online. A POS-like system where you get paid when you save and suspend the balance in your wallet, but minexcoin performs in a slightly different way and method.
There are three types of parking:
Day (24 hours): for short term impact
Month (30 days): for medium term impact
Yearly (365 days): for long term impact.
The average reference rate for parking payments will gradually drop, however, thanks
MinexCoin price growth, parking revenue will actually only grow over time.
Average base rate for parking payments:
2017: 70%
2018: 45-55%
2019: 25-40%
more details download whitepaper
Coin specifications
Total amount: 19 000 000 MNC
Block rewards: 2.5 MNC
Hashing algorithm: Mars
Block size: 2 MB
Block time:
2 min 45 sec
Roadmap
ICO Distributions
The team has already sold an initial stage of 2,000,000 minexcoin, and will start a second stage of sales starting from May 15 to June 13. Total coin that will be sold on the second phase of ICO as much as 1500000 minexcoin .The purpose of phase two is to determine the market price of the coin. to join the ICO visits ICO page https://minexcoin.com/formula Y = ( X + Х1 ) / Z
y= stands for market exchange rate (basic value in the bank’s algorithm)
x= volume of involved investor funds;
x1= absolute volume of bonuses
accrued by early participants
z=amount of coins available for the ICO
any question fisit forum thread https://bitcointalk.org/index.php?topic=1847292.0
reference
website : https://minexcoin.com/bounty : https://minexcoin.com/?r=bounty/signin
facebook : https://www.facebook.com/minexcoin/
twitter : https://twitter.com/minexcoin
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