Bitcoin Rhodium Development team tries to respond not only to demands of the community, but also to the dynamic nature of the crypto currency markets. In this regard, a decision has been made to update the reward schedule for the Strong Hands Programme that will now reward successful holders on a quarterly basis (every 3 months) instead of every year. Thus, the first Strong Hands cycle will close on April 1st.
Bitcoin Rhodium Strong Hands Programme will now reward successful holders on a quarterly basis — Tweet this
The total reward funding (257,143 XRC) will be allocated equally towards each individual 3-month cycle (32 in total). Rewards will be disbursed every 3-months within a 2 week period between the end of one cycle and the beginning of the next.
The first reward period will be April 1st to April 14th and will distribute 8036 XRC.
This decision was made after thorough consideration, backed by a public consultation with key members of the Bitcoin Rhodium community, who unanimously approved such change. The aim is to engage a wider number of Bitcoin Rhodium investors, to enable newcomers to join the Programme more easily, and to stimulate interest in the project.
The eligibility rules of the Strong Hands remain unchanged. Please refer to our website for more details on eligibility rules and ROI calculation.
Examples of eligibility
A: 1/1/2019: 100 XRC, 4/12019: 100 XRC without negative movements. Rewarded on 100 XRC
B: 1/1: 100 XRC, 4/1: 120 XRC without negative movement (receive 20 during period): Rewarded on 100 XRC
C: 1/1: 100 XRC, 4/1: 150 XRC transfered out 20 (left empty), transfered in 30 during quarter” No reward
D: 1/1: 0 XRC, 4/1: 100 XRC transfered in 100 XRC: No reward
E: 1/1: 100 XRC, 4/1 100 XRC transfered out 20 on 2/5 and transfered in 100 on 2/10: No reward
An address with zero balance on 1/1 gets no reward no matter what