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Forex Zone Token (FZT)

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Updated chart of the ROI for SIGNUM tokens including FZT for 6 July 2022.

Forex Zone Token (FZT) in Coins & Tokens_unknown
#226 - July 06, 2022, 07:05:48 PM

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Updated chart of the ROI for SIGNUM tokens including FZT for 6 July 2022.
Thanks but I think it needs updated for FZT. The minimum amount to get started is 1, not 10. Also, the ROI doesn't take into account the weekly contest or bonuses. In the past year, there has been multiple bonuses sent out.
#227 - July 06, 2022, 09:00:50 PM

Forex Zone Token (FZT) in Coins & Tokens_topic=585

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ADMIN,
I think today's distribution of SIGNA to FZT token holders included the Forexzone treasury.  S-CU6T-TX64-9DG7-22U27 received the bulk of the distribution (833.5676).
Yeah, sorry about that. I used the newest version of BTDEX today for this payout. It works differently than before. I will re-issue a new payout soon. The old payout will just be a little bonus for today. Thanks for bringing this to my attention.
#228 - July 06, 2022, 09:05:24 PM

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Thanks but I think it needs updated for FZT. The minimum amount to get started is 1, not 10. Also, the ROI doesn't take into account the weekly contest or bonuses. In the past year, there has been multiple bonuses sent out.
I will pass along your corrections.
#229 - July 07, 2022, 12:10:21 AM

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The 1st post has been updated. The most notable changes are below:

  • A link has been added for Trading Rebates in the 'How To Get FZT' section. This is a great way to get FZT, but too few are taking advantage of this.
  • The 'Why should I trust you?' answer has been updated and now includes information related to the new Forex Zone vault.
  • The 'What is the difference between BTDEX and Signum Node?' answer has been updated. Now there is a link to the official Signum nodes which provide web versions of Signum Node. So people do not have to install anything or download the entire blockchain just to use Signum Node, but can still get all the features Signum Node has to offer.

#230 - July 14, 2022, 01:50:27 PM

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Admin,
I just saw this on Discord and it may effect FZT distributions.:
  @westhorn Urgent heads up, it would appear that distributeToAssetHolders does not operate correctly, don't use it.
  Roll back to an older version of BTDEX and use the multiout system. I've had to do that for SPACE, just spent a day
  setting up everything to use distributeToAssetHolders and now I gotta change back to the old way. Not a happy bunny.
  @BTFG ☝🏼
  @CounterFiat You know already, f**k me,what a b***s up.


It think this is related to distributeToAssetHolders not distributing to tokens locked in BTDEXsell contracts.  (I'm not sure if this is actually the case but I suspect my distributions dropped when I locked some tokens for sale.)  I just thought you should be aware.
#231 - July 19, 2022, 01:58:03 PM
« Last Edit: July 19, 2022, 02:17:27 PM by smdburst »

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Distributions using the newest BTDEX seem fine to me. All transactions are in the explorer. So the new distributions and the older multi out payments. Both are showing comparable amounts per address. If daily Signa drops it may just be a case of circulating supply changing or other buyers since the previous day. Which would affect the ownership ratios. Can anyone confirm there is a problem? 
#232 - July 19, 2022, 02:53:08 PM

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Admin and Others,
Sorry for the bad info.  The issue I reported with distributeToAssetHolders was a false alarm.  Tests were run a few minutes ago and it works as expected.  Distributions are in fact sent to holders who's assets are locked for sale.
#233 - July 19, 2022, 02:58:07 PM

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As  a test to see if having FZT locked for sale on BTDEX impacted the daily distributions, I cancelled 2 sell orders totalling 6000 FZT yesterday. My distribution amount did increase proportionally.

Total FZT: 31409.3

Prior to cancelling sell orders for 6000 FZT (distribution received on 19 July 2022) (This amount as approximately the same for many days prior):
793088860?10377061 day, 3 hours agoDistribute to Holders
 for Token FZT
S-CU6T-TX64-9DG7-22U27
 www.Forex.Zone
IN S-UAUP-37NN-K8KZ-ENMGV
 
22.48614
 SIGNA

After cancelling sell orders for 6000 FZT 19 July 2022 (distribution received 20 July 2022):

128729698?10380702 hours agoDistribute to Holders
 for Token FZT
S-CU6T-TX64-9DG7-22U27
 www.Forex.Zone
IN S-UAUP-37NN-K8KZ-ENMGV
 
27.20837
 SIGNA


This test appears to show that having FZT locked for sale does reduce the daily amount received.  If anyone has similar experience, please let me know.  Also, ADMIN, can you confirm the method used to distribute the dividends is in fact the "distribute revenue" button on BTDEX?  The SIGNUM developers are not convinced sell orders impact distributions so I am just gathering information.  Thanks.
#234 - July 20, 2022, 02:15:01 PM
« Last Edit: July 20, 2022, 02:19:51 PM by smdburst »

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Also, ADMIN, can you confirm the method used to distribute the dividends is in fact the "distribute revenue" button on BTDEX? 
Yes, correct. Using BTDEX 0.6.3 too.
#235 - July 20, 2022, 03:43:19 PM

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This test appears to show that having FZT locked for sale does reduce the daily amount received.  If anyone has similar experience, please let me know.
You might be right. There were 4 sell orders from the Forex Zone treasury account prior to today's distribution too. Which should have increased circulating supply and lowered your holding %. So you should gave received less today and not more. Since you received more though then it seems to be a problem related to pending orders when tokens are locked up.
#236 - July 20, 2022, 03:48:24 PM

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You might be right. There were 4 sell orders from the Forex Zone treasury account prior to today's distribution too. Which should have increased circulating supply and lowered your holding %. So you should gave received less today and not more. Since you received more though then it seems to be a problem related to pending orders when tokens are locked up.
I let the Devs know.  They can not confirm this is a problem at the moment though.
#237 - July 20, 2022, 04:01:03 PM

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A bonus distribution was sent out just now. All FZT holders will have received 2 payouts today.
#238 - July 20, 2022, 08:15:31 PM

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Thanks for the bonus!

#239 - July 20, 2022, 11:47:10 PM

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Admin,
In order to include all holders of FZT, including those that list their tokens for sale on BTDEX, it is recommended that you use the old Multi-outs method for dividend distributions.  You should also use an older version of BTDEX (someone suggested using 0.5.14).

A bug in BTDEX may skip these holders (even though the preview list of recipients includes them).  This is bug has been identified in github as:

[btdex/btdex] Issue opened: #239 BTDEX "Distribute revenue" button excludes tokens locked for sale


#240 - July 21, 2022, 10:59:38 PM

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