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RE: Introducing MinnowBooster (Beta)
This is fantastic and I love its ingenuity.
As an investor who powers up and sends over Steem, what is the process of returning what one sent over? Does one get the same amount of Steem (the nominal principal) back or does one get one's pro rata interest in the MB account back by some accounting?
Thanks
We will most likely have to power down the amount over 13 weeks. If you are lucky we have that much liquid and can send it immediately. But that is for removing the investment.
Daily payouts are prorata and happen automatically 😎
Thanks for the reply. How do we contact you to initiate the redemption? What is the procedure for that?
Currently it has to be manually, best pm me on discord.
you are boss!!
I ask in part because @reptrader stiffed ppl seemingly when he returned Steem to people during @robinhoodwhale 's unwind. He did not adjust for the time value of Steem.
We won't account for any price changes up or down. We will give back the same amount you gave us if we unwind.
Obviously daily earnings are what the investment is about and they get send to you each day in liquid steem so you can do whatever you want with them
So we get daily earnings as well as get out full investment when we decide to cancel our investment?