BUY JKR for Dividend? Still around 0.3% daily.

EOSJACKS TEAM
3 min readNov 25, 2018

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If you join early, you might still remember the days when we sent out 100k EOS as payout for the single day, and 200k EOS as payout for the first 4 days of our platform.

We spent too much …

If you join early, you might still recall when our players got more than 40% payout on that single day when we make daily volume historical record.

Yeah .. we should have capped it, saving it for future players. I should have foreseen that the short-term hype would not go on long but the long-term stability is much more important for our growth.

Then we experienced our down time. As you know our token price has not been great recently.

But we are making progress. You can still earn more than 0.3% daily for just buying and holding JKR.

We will soon improve our Dividend Payout page. We will first showing a calculated daily dividend payout rates based on latest JKR price.

For example, at the time I am writing this announcement, JKR price is 0.000418 but you can get a good liquidity around 0.0005. Not good …

10k JKR cost = 4.18 ~ 5 EOS.

Current JKR dividend: 0.015 EOS/ 10k JKR staked daily.

So the adjusted dividend payout is 0.015/4.18 = 0.3% ~ 0.359% for today.

Still in doubts?

We will also integrate a historical chart for our adjusted dividend payout rate, so you can look up the real numbers!

A clarification for our stake ratio:

Team will NEVER stake its 49% part released token to the Dividend Pool unless it has more than 0.2% payout per day for our community.

Team will NOT necessary stake its part to the dividend pool even if it reaches 0.2% payout per day for our community.

So adjusting for the 32.56% out of the 51% held token in here, the real payout ration is 32.56/51 = 63.8%.

We will keep UP with your support my friends! New Game Coming SOON next week!

Ben

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EOSJACKS TEAM

EOSJACKS is an innovative decentralized gaming platform, but also an autonomous ecosystem and community. https://eosjacks.com/