Hi Aqualiens,
The Aqualis Market trading competition is back for August! To make things more interesting, the Aqualis Market will be using a portion of profits generated from market fees to buyback and burn CL cards! We will be buying back the lowest/BCX CL cards on market and burning these cards. This is an experiment to increase demand for the over printed CL set of cards. **Any left over DECs will be burned! **
Over July we will be using the below structure:
- 1st place: 93% effective fee rebate
- 2nd place: 89% effective fee rebate
- 3rd place: 84% effective fee rebate
- 4th place: 79% effective fee rebate
- 5th place: 74% effective fee rebate
- 25th place: 88% effective fee rebate
- 69th place: 420% effective fee rebate
- 88th place: 888% effective fee rebate
Positions such as 25th, 69th and 88th place have been included effectively as little jackpots for our smaller users who might also want to get in on the fun! Starting from this month, we may disqualify users who we believe might be cheating the system by using multiple accounts.
Let us know your thoughts of this new structure in the comments below or on our Twitter page
Aqualis Market DEC Burn
The monthly revenue of DEC will be split in the following order:
- Prize distributions
- 250k DECs to keep Aqualis Market servers on
- Remaining DECs will be split between buying back and burning cheap CL edition cards and simply burning the DECs
In total we have burned a total of 232,555.498 DECs
This will be the first week experimenting with burning CL cards
XBOT's rental service has also been routed through Aqualis Market, giving us a 6% commission on all rentals that go through XBOT! They have not asked for any cashback for this either which means the entire amount will go directly to the community, keeping Aqualis Market's servers up and burning DECs!
For More Information
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