QUOTE(mikephp @ Sep 21 2019, 04:34 PM)
Hi, I used to make autosurfs for many of the top admins in the industry. I'm looking for ideas. Let's make the ultimate hyip. Here is the pre-whitepaper. I have developed a blockchain, currently just calling it High Yield Program Ledger (HYPL). Let me know what you think of the idea. Possibilities, roadblocks, funding, etc..
Abstract -
A hyip with a token representation of its status (a coin) would allow members to see funds received and funds on hand. Members to see not only payments made but amount owed. A real time ledger allowing all members to view/verify all hyip transactions.
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Glossary -
High Yield Program Ledger (HYPL)
HYPL is a multi-cryptocurrency hyip coin/token.
HYPL Market
A cryptocurrency based hyip program with its own token.
HYPL Market Funds:
The cryptocurrency ledger account. This is the total funds available.
HYPL Market Escrow
The temporary cryptocurrency holding account, this account holds funds that were used to purchase HYPL.
Funds are transfered from HYPL Market Escrow to HYPL Market Funds when HYPL are staked, mined, etc.
HYPL Market Price
The price per coin is calculated by dividing HYPL Funds by the total number of HYPL coins in circulation.
Total Funds / Total Coins = Price Per Coin.
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Overview -
1. Buying HYPLs from HYPL Market:
HYPL Market will sell HYPLs to wallet holders at market price.
Purchased coins will be transferred from the HYPL Market wallet to the users wallet.
*The funds used to purchase the coins are held in HYPL Escrow, keeping the value of HYPL the same.
2. Staking HYPL (Hyip purchase)
When you stake coins, you cannot access them for the time specified.
A user may have 2 active stakes at a time. You can make up to 150% of the coins you staked.
When HYPLs are staked, an equal usd amount will be transferred from escrow to the funding account.
*This will increase the funding account, increasing the value of all HYPL.
3. Stake out (Hyip payout)
When your stake matures you will receive your initial coins plus earnings of 50% of your initial coins. i.e Stake 100 coins... wait 15 days... receive 150 coins.
The coins will be paid to your HYPL wallet.
*This will increase the coins in circulation, decreasing the value of all HYPL.
4. Selling HYPLs to HYPL Market:
HYPL Market will buy HYPLs from wallet holders at market price.
Sold coins will be transferred from the user's wallet to the system wallet.
*All coins purchased by HYPL Market will be burned/archived, keeping the value of HYPL the same.
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Conclusion -
HYPL is a token representation of HYPL Market's hyip status.
The total funds on hand divided by the total coins in circulation equals the price per coin.
The price will increase or decrease when there are more or less coins.
The price will also increase or decrease when there are more or less funds.
All HYPL funds are stored in cryptocurrencies, the price of HYPL will also fluctuate with the cryptocurrency market.
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Staking and Stakeouts
For this example we will be using Hyip #1 With a 10 coin deposit.
For every HYPL staked, a HYPL is created (10 coins staked = 10 coins created).
100% of staked coins (10/10) are returned to the Hyip Investor
50% of created coins (5/10) go to the Hyip Investor
40% of created coins (4/10) are archived/burned
10% of created coins (1/10) go to the sponsor
Recap: 10 coins staked. After 15 days. 15 coins to investor, 4 burned, 1 to sponsor.
*if the user does not have a sponsor, the sponsor coins will go to HYPL Market wallet.
So that is pretty much what our current blockchain does.
Is this something the hyip community would be interested in?
MY name is George and i am a member
of the Roy club currently at the member level. For the time I have been in the club, I have learnt alot about prizm and paraming at the same time. This platform has a lot of opportunities for us all