Nxt Forum

Nxt Discussion => Nxt Technical Discussion => Nxt Core Development => Leasing & Pools => Topic started by: Seccour on July 11, 2016, 05:34:55 pm

Title: NXT Forging Pool
Post by: Seccour on July 11, 2016, 05:34:55 pm
Hello NXTers !


As you probably know (or not) a distribution of more than 5 millions NXT will happen to forgers when the snapshot for Ardor will begin ( 14 July ). This period will be extremely profitable for all the forgers and that's why i have decide to open a... Forging pool to profit from this offer.

To enter in the pool you just have to lease your balance to this NXT account : NXT-ADAM-GA7J-FULY-CHVLS

To withdraw your profit you have 2 possibilities :

You can withdraw only if you have 1+ NXT on your pool balance.

Withdraw will be made up to 48h after your message.
Title: Re: NXT Forging Pool
Post by: Seccour on July 11, 2016, 05:35:54 pm
reserved
Title: Re: NXT Forging Pool
Post by: NXT ENTERPRISE on July 13, 2016, 12:23:34 pm
Hello can you give more details?

If i lease my account to you, it is for how long?

How do you decide who earned what forging nxt?

Is the forging one account or how do you know who won the forge is basically what i am asking or is it shared equally among all the forgers or balance percentage based?

How do you work that out?

Thanks
Title: Re: NXT Forging Pool
Post by: Seccour on July 13, 2016, 02:42:57 pm
Hello can you give more details?

If i lease my account to you, it is for how long?

How do you decide who earned what forging nxt?

Is the forging one account or how do you know who won the forge is basically what i am asking or is it shared equally among all the forgers or balance percentage based?

How do you work that out?

Thanks

You choose the leasing period, can be 10 000 block or the 60k something maximum blocks.

The distribution of the reward is based on the balance you have at the time the block is forge. Exemple :
If user A lease 1 000 NXT to the pool and user B 9 000 NXT to the pool and we find a new block, A will get 10% of the reward and B 90% of it. But if user C join the pool with 10 000 NXT and that we find another block, user A will get 5% of the reward, B 45% and C 50% of the block reward.
Title: Re: NXT Forging Pool
Post by: NXT ENTERPRISE on July 14, 2016, 02:25:03 pm
ok i will be joining your pool in a few days, thanks for setting this up.
Title: Re: NXT Forging Pool
Post by: Seccour on October 14, 2016, 12:15:49 pm
All not-withdraw NXT have been send out to there forgers. The pool is down since the Ardor snapshot is over. It will maybe re-open when Ardor will be out.
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