Contact: info@xvg.nu

[Important] EFIN Staking Rewards Update

We have an important update regarding the EFIN rewards for staking TPAY. This applies to all eFIN members.

We found that we can not use the staking network weight because it is a calculation (which we reviewed in the code); it is a difficulty index based on the last 72 blocks. It is not the network tokens being staked as it is currently being used (we’re not sure why).

We have to reward users based on the amounts that they have in their accounts because this is what was promised to the community. While winning block rewards is proportionate to the amount of TPAY you stake, it’s not exactly what is expected.

We will do the following:

1. We will average the addresses’ balance during each month.

2. Apply the subscription multiplier to the monthly average.

3. Users have to had won at least one stake reward. This is to ensure that the funds are not in cold storage or paper wallets.

4. Daily snapshots are taken randomly each day to avoid traders from getting the reward without actually keeping thei coins in the wallet and staking.

CBET AIRDROP COMING SOON FOR EFIN PARTNERS

CBET is a blockchain rewards coin that is primarily earned by gameplay at CryptoBet. Holders of CBET receive their share of the net gaming revenue generated at CryptoBet every month, paid in Bitcoin straight to your CryptoBet account.

A total of 7.5 million CBET coins will be airdropped to eFIN Partners and Platinum Partners (5 million for both, and an additional 2.5 million reserved just for Platinum Partners).

Secure your eFIN Partnership now and be first in line to receive your CBET coins!


[Important] EFIN Staking Rewards Update was originally published in TokenPay on Medium, where people are continuing the conversation by highlighting and responding to this story.

Related articles

TokenPay Ecosystem Report — October 2018

TokenPay Ecosystem Report — October 2018October has been an incredibly busy month! We’ve been hard at work on some of the projects that we promised would be released in Q4, and we’re sticking to that deadline.The new TokenPay […]

Learn More

TokenPay Announces Verge (XVG) Debit Cards Coming Soon

Verge seemed to be doing more than then well as XVG, along with the majority of currencies in the market, was trading in the green while trying to draw a rebound out of the latest […]

Learn More

Week 3 Affiliate Competition Winners

Congratulations to the winners of the Affiliate Competition for Week 3! This week’s prizes went out to the top 16 spots because of ties. Our affiliates are racking up massive amounts of EFIN coins and […]

Learn More