THELOGICALINDIAN - Creditbit afresh appear to the association that it has assuredly apart all the actual functions including transaction locking and claiming creditbond reward
Creditbit, an accessible antecedent software activity appear beneath the MIT/X11 license, abreast the association about this aftermost footfall of clearing in its latest amend on Bitcoin Talk. Also, the clearing will run continuously from now on till April 8th, 2017.
The amend added cautioned the association to aboriginal apprehend and accept the locking apparatus and the action of claiming accolade afore starting with these functions as the users will not accept any additional affairs with the tokens already locked, alike accidentally.
BLOCKS
In Ethereum Blockchain, about every 15 abnormal a new block is found.
Locking for N blocks
Locking time aeon is abstinent in blocks. Locking for 500 blocks agency locking for approx. 125 minutes. Locking for a 1.000.000 blocks agency locking for approx. 173 days.
LOCKING
Any cardinal of Tokens (1 is a minimum) anywhere from 1 block to 4204800 blocks (approx. 2 year period) can be locked.
Locking aeon resets anniversary time you lock any bulk of tokens. So if you lock 5 Tokens for a month, and lock addition 5 tokens afterwards 15 canicule for a year, you will accept 10 tokens bound for a year.
CREDITBOND YIELD (AWARD)
With locking your Tokens you will be able to aggregate yields from CreditBOND Smart Contract. Yields depend on the locking period, so the users charge to accept how the yields are affected first.
CALCULATING CLAIMED BOND YIELDS (AWARDS)
Bond Reward can be claimed afore locking aeon runs out. You will access proportional allotment of the Reward, according to blocks anesthetized amid locking and claiming.
If you affirmation the Bond Reward afterwards locking aeon is over, you will access a Bond Reward for a abounding cardinal of blocks delayed from the time of locking till the time of claiming (not alone to the end-locking block). Also your Tokens will be apart and alternate to your Wallet.
