SwiftCash Proposal: SwiftRewards Tier 1 - Round 1

in swiftproposal •  last month

Coin_Stacks-512 (1).png

First snapshot of SwiftRewards ended at block 87,600. The first ROI based on price action and eligible funds is appx. 2.5% on eligible addresses. To be eligible for SwiftRewards, you need to add at least 1 SWIFT to your balance during the snapshot and not spend anything! As explained in the whitepaper, SwiftRewards are a mechanism to stablize the price by airdropping holders in bear markets.

Given the price of swiftcash has declined over 50% in the past month, holders are going to receive 4% of the theoretical block rewards in that period which as explained above is about 2.5% per address/balance.

Total Amount: appx. 864,632
Eligible balances: appx. 33,341,123

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Way to follow the whitepaper and do things with visibility! Hopefully things turn around and we can see a green arrow on the price. :) I like the energy you guys are bringing with the games and discord mining bot. So many discords just go stagnant, keeping your community involved is vital.

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