10.6 C
London
Saturday, March 18, 2023

Communis Coin Review : Is It Good Or Bad Coin Read Our Article

- Advertisement -
binance 728x90 banner

About Communis Coin

Communis Coin goal is to introduce Communis to a wider group of stakers and entice them to become a long term staker (365 days). One time per stake anytime after it has been locked. Any stake that has not been ended may qualify. This means that stakes started on day 3 and are still active qualify. To encourage minting the Start Bonus as soon as possible. By removing stakes below 365 days long it makes Communis exclusive to only those who benefit Hex the most as well as remove short term stakes from having influence within Communis.

In Hex you are given a longer pays better bonus for staking for the longer you stake. This bonus is capped at 3640 days or about 10 years. In order to properly reward stakers who have staked longer than that time the cap has been removed. If you have a stake that is longer than 3640 days you will see that your Recalculated shares are higher than your native one from hex.

Communis Coin Point Table

Coin BasicInformation
Coin NameCommunis Coin
Short NameCOM
Circulating SupplyN/A
Max Supply22,843,699,151,721,500
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

How exactly is the payout minted if I already minted the Start Bonus for my stake?

If you have already minted the Start Bonus for your stake then your End Bonus will simply give you the rest of your stakes available payout as Communis. For example, Your Start Bonus was 10% of your stakes available payout. That means your End Bonus will be 90% of your stakes available payout thus reaching a total of 100% no matter what your start bonus % was.

Why does the Good Accounting Bonus mint only 1% of shares?

The thought was End Bonus mints 100% Start Bonus mints 10% (@ 365 days) and Good Accounting Bonus mints 1%. Factors of Ten. One person may also mint as many other stakes as they like so 1% per stake can add up. You may mint anyone else’s stakes that are overdue by 38 days through the Good Accounting Bonus and the Communis will show up as your own.

Can someone who ran the Good Accounting Bonus still get their Start Bonus after?

Yes even if someone ran the Good Accounting bonus on an expiring stake the owner of that stake may return to mint their Start Bonus themselves but not their End Bonus since the grace period of 37 days has gone past. As long as it has not had the End Bonus minted and is 38 days past its due day there is no time limit.

Why Choose Communis Coin?

Bonus Debt system in Communis

Every time someone mints their End Bonus Communis keeps track of that stakes shares and staked days. This is done to have retaking bonus done in a read-only manner. If you mint the End Bonus against 5 stakes that total 100 tShares then you must create a single hex stake that is at least 100 tShares but not more than 200 tShares.

Implications

Since staking Communis can only be done with each new Start Bonus or End Bonus. You have to ensure that you keep your staked amount higher than any End Bonus Debt you have accrued. Failing to maintain this stake amount you will not be able to mint further End Bonuses you may have otherwise been entitled to. Your new End Bonuses may be used to get you out of debt as staking Communis occurs before checking if you have enough staked.

This means you can always run at a deficit so long as you meet prior debt obligations but you will not be able to mint the quarterly Communis Staking Bonus. You may always mint Start Bonuses. If you are in debt by any amount you may climb out of a deficit by starting new stakes and staking the Communis that may come from the Start Bonus.

Requirements

Must have more Communis staked than accumulated End Bonus Debt. Payouts begin after accumulating End Bonus Debt. This introduces the thought of “how much longer ?” so that the chance of restaking much longer is at least introduced.

Where Can You Buy Communis Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Uniswap (V3), As It Has The Highest COM/USDC. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include COM/USDC And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Communis Coin market screenshot

Communis Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Communis Coin. Here Is Example Of Wallet Which Communis Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of Communis Coin

here I Can Find Communis Coin Whitepaper?

You Can Find Communis Coin Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – Uniswap (V3).

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is N/A.

- Advertisement -

Disclaimer

Crypto investments come with high risk and you should always exercise caution when investing in any crypto asset. Investing in crypto carries a high level of risk, and may not be suitable for all investors. Any investment decisions made by you are made at your own risk and we are not responsible for any losses that may occur. Before investing, we recommend you consult a financial advisor to understand the risks and rewards associated with investing in crypto.

LATEST PR
- Advertisement -binance
Related Articles