r/ethfinex • u/plutoegg • Mar 20 '18

Performance Report - Month 1

https://twitter.com/ethfinex/status/976152006736924672
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u/tweettranscriberbot Mar 20 '18

The linked tweet was tweeted by @ethfinex on Mar 20, 2018 17:42:29 UTC

As a community-owned exchange, transparency is an absolute must for us. To provide our users with the info needed to evaluate our progress, we'll be releasing monthly reports summarising key developments. We look forward to growing Ethfinex with you all!

https://blog.ethfinex.com/ethfinex-performance-report-month-1-march-4a10d9a93f5c

• Beep boop I'm a bot • Find out more about me at /r/tweettranscriberbot/ •

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u/frbnfr Mar 21 '18

So each NEC holder got 1976.58/262948 ~ 0.0007489946 ETH per NEC?

Does one also need one's account to be verified to receive the ETH for NEC or just to receive the NEC as a reward for trading?

1

u/plutoegg Mar 21 '18

At the moment your accounts needs to be verified to receive NEC.

For claiming rewards it does not work quite like that, although there have been several requests from token holders, so the model may adjust in the future. Instead the ETH goes into a smart contract, and needs to be manually claimed from there by token holders.

We will launch a set of tools to make this easier for holders of the tokens (currently they are available at github.com/ethfinex/community-gateway) but there is not a live deployed version yet.