MOM coin staking mining
When applying for STAKING service within the Ripple Mom P2P platform, a total of 150% (including the staked MOM coin) for 100 days is paid daily at 1.5% daily (paid out at 15:00 according to the real-time market price) for the staked MOM coin. It is a fintech service that pays staking mining.
■ $1,000 worth of MOM for example
You will stake the amount of MOM coins equivalent to $1,000 and receive $15 worth MOM coins (based on the daily market price) at 15:00 every day for 100 days from the next day.
The MOM coin paid through mining can be transferred to the exchange at any time and converted into cash through transaction.
■ Coin stabilization through reduction of staked quantity
The amount of MOM coins transferred from the exchange to the Ripple Mom platform for staking will be continuously reduce the amount limited to 1 million in circulation.
Through staking, the amount of circulation on the existing exchange will continue to decrease from 1 million.
When the price of MOM coin reaches KRW 1 million (krw basis), the coin is added as the circulation amount, excluding the quantity mined from 2 million pieces, and then, when the price of MOM coin reaches KRW 1 million (krw basis) again, the circulation volume is the same method. The return is expected to increase. In this way, we plan to generate stable profits when applying for staking services through continuous quantity management.
■ Details of reduction of MOM circulation
[Distribution volume] From Monday (August 24), 10,000 MOM will be burned (total of 300,000) will be in progress for 30 days from 1 million in circulation. In addition, the part that is charged every day and the MOM coin that is mined are also burned. The contents of the incineration can be viewed on the staking status board screen. (Numbers are updated once every 2-3 days)
[Issuance volume] The issuance of 1 billion is incinerated for a total of 900 million by 100 million for 9 months from the end of August.
»Opening Date: August 24, 2020 15:00 (UTC 9)
※ You must install the Ripple Mom app to staking.
»Until August 31st, all staking product fees are waived.
RIPPLE MOM
Website: https://ripplemom.io
Customer Center:https://telegram.me/share/url?url=https://ripplemom.io/
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