Tradeqwik Pays 5x TQS Dividend, Supports Four Bitcoin Forks and More During Extended Maintenance Cycle

in #tradeqwik7 years ago

As promised late last night, Tradeqwik is down for extended maintenance. Those of us in the know refer to such downtime as Rubber Ducky landings. If you attempt to log onto Tradeqwik now you'll understand.

Here's what's happening during this particular Rubber Ducky landing.

  • TQS dividends are being paid. Yes, we are late, and that tardiness was due to technical issues related to also getting ready for the Big Bitcoin Fork. We'd like to make up our tardiness by paying out a dividend on 100 percent of the trading fees instead of the usual 20 percent.

  • BTC wallets are being converted to four different potential BTC forks: Bitcoin Core, Bitcoin Cash, Bitcoin Unlimited, and Bitcoin Classic. Deposits and withdrawals on those forks won't be enabled for another couple days while we see how the chains work. However, any amount of Bitcoin that you held on TQ should be copied onto at least one of those chains, possibly more.

  • The VIP/VIVA trading pair is being removed from the market. Moving forward after a week long cool down period, your VIP account will be in compounding mode and once it reaches 8,760 VIP you will have the option of switching it into retirement mode where it will pay you 24 VIVA a day for as long as you leave it in that mode until it drains down to less than 24 VIP. You will be able to switch it from compounding mode to retirement mode or vice versa once a week.

  • All Treasury Rights (TR) not on the market will sink into VIP at a rate of 790 VIP per TR by the time Rubber Ducky leaves. If you are a Crownholder, then you will get reissued one new TR per whole Crown owned a day or two later.

There are undoubtedly other things going on at the technical level, but now you can see why this particular time Rubber Ducky might be hanging around a while.

In the mean time, we have some stats to share...

Trading fees collected since last TQS payout through July 30th

currencyfees
GBG0.00000000
SBD5.61850539
GOLOS0.00000000
ETH0.23350142
LTC0.35509505
XAU0.00000000
BTC0.27943450
MXN63.20746000
VTR0.19519950
DASH0.00000000
VIP20.55771349
USD3.00097500
XWANG0.00000000
bitUSD0.00000000
vGX0.00000000
VIVA CROWNS0.01737578
EUR0.00000000
GBP0.00000000
RUB0.00000000
UAH0.00000000
TRAIL0.00004550
TQS0.63340000
DOGE0.00000000
STEEM22.94099969
VIVA60.52929930

Customer funds currently under Tradeqwik management

currencysum
bitUSD0.00000000
BTC9.32016850
DASH0.00000000
DOGE0.00000000
ETH30.36424888
EUR0.00000000
GBG0.00000000
GBP0.38858246
GOLOS233.47105959
LTC54.13568910
MXN5057361.35546999
RUB0.00000000
SBD8928.16804880
STEEM35690.12851580
TQS71426.64211012
TRAIL3162.40199486
UAH0.00000000
USD1135.39680865
vGX9999.75915726
VIP3842785.37527394
VIVA71215.69125770
VIVA CROWNS3684.25698532
VTR2604.52400468
XAU568.51606634
XWANG9796.92672742

Total number of users to date: 863

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790 VIP per VTR is really high... I should've bought more VTR while I could...

Excellent!

Thank You for sharing this valuable information with us.
We were trying to do some. But thanks for this information.


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God Bless Tradeqwik

Thanks for the info @tradeqwik! Cheers!

You develoed a great platefrom for conversion of money @tradeqwik

Did someone say rubber ducky ?

Nice! Thanks for the update and the dividend bump :-)

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