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What's the rate USD/RHOC starting from 2017 - 04 - 01 ? #28

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lapin7 opened this issue Apr 25, 2017 · 2 comments
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What's the rate USD/RHOC starting from 2017 - 04 - 01 ? #28

lapin7 opened this issue Apr 25, 2017 · 2 comments

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@lapin7
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lapin7 commented Apr 25, 2017

We have to make payments in RHOC. In order to put that into the books the RHOC have to be converted to a USD value. That imposes a USD/RHOC rate. I think this rate has to be the same for everybody during the same period. Until a market price has been set on Bittrex or Poloniex.

@lapin7
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lapin7 commented May 5, 2017

Use the average price AMP-USD of the 6 redemption batches
Estimated RHOC-USD 0.09708866667
1 0.083
2 0.088
3 0.089
4 0.094
5 0.095
6 0.134

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lapin7 commented Aug 18, 2017

The RHOC-USD rate is set at $0.10
A change may happen after the Private Sale or when RHOC-USD rate is established at an exchange that has enough volume

@lapin7 lapin7 closed this as completed Aug 18, 2017
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