SwiftRewards: Tier 1, Round 7
If you still do not know anything about SwiftRewards, click HERE!
7th snapshot of SwiftRewards for tier 1, started at block 308,040 and ended at block 350,400. The ROI based on price action is appx. 0.56% for eligible addresses. To be eligible for SwiftRewards, you must have at least 1,000 SWIFT in your address and transact during the snapshot, without spending anything! This can happen automatically if your address stakes or has an active SwiftNode collateral. Alternatively, you can add to your balance by buying some, or send some of your balance back to yourself, as long as the transaction fee does not exceed 0.005 SWIFT!
As explained in the whitepaper, SwiftRewards is a mechanism to stablize the price by airdropping holders in bear markets. Although the airdrop does not fully compensate the loss in one's portfolio, it can still act as a powerful incentive to encourage us to HODL, especially during bear markets. Also, it's noteworthy to mention that not everyone can possibly swing trade in bear markets, and due to our ever-decreasing inflation, our price should eventually recover anyway! Given the math in our whitepaper and the fact that the price of SwiftCash has declined appx. 44.5% in the past month, holders are going to receive appx. 3.56% of our theoretical block rewards during that period, which as explained above is appx. 0.56% ROI for eligible addresses.
Total Amount: appx. 292,721 SWIFT
Eligible balances: appx. 52,212,336 SWIFT
Hi @swiftcash
How do I go about "enabling staking for my address".
i.e.
For staking you need to have at least one 10K SWIFT collateral. To enable staking, you need to run a full node with your wallet unlocked. The staking status can be checked at the right bottom corner of the wallet in the status bar.
@tipu curate
Upvoted 👌 (Mana: 0/3)
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@swiftbot balance
You have
⚡796.68983163 SWIFT(unconfirmed:⚡0 SWIFT).@swiftbot transfer 795 SdNQ8PtaX3bNT7KHyZkhuaqJ38YXwABSWh
@swiftbot help
You can use the following commands:
balance- displays your current wallet balanceaddress- displays your deposit addresswithdraw <amount> <address>- withdraws the amount of SWIFT to addresstip <username> <amount>- sends the amount of SWIFT to usernameterms- displays terms and conditions for using @swiftbot@swiftbot withdraw 795 SdNQ8PtaX3bNT7KHyZkhuaqJ38YXwABSWh
@ashwim:
⚡795 SWIFThas been withdrawn from your account toSdNQ8PtaX3bNT7KHyZkhuaqJ38YXwABSWh. You have been charged⚡0.01 SWIFTwithdrawal fee. Transaction27978edf8b88f6f00169b7f1efc174a583b8cc0c0b4377944331da98d5048069is now completed. To monitor the transaction status click HERE.thanks received
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