Vector is a asset trading asset. It will place buy orders and sell orders on assets and help to promote the trading of assets. The asset will pay 75% of its earnings and 100% of its assets dividends, as monthly dividends. The last 25% is going to be reinvested.
Vector will start price at 15 burst each. Each month it will increase the issued price on the asset by 1 and update the amount of asset issued from the asset holder to 100'000.
Vector will buyback all assets, the price that Vector will buyback at, is determined by: current price of asset issuer/2. The asset will buyback 50.000 assets monthly, with only 10.000 locked at any given moment. If Vector dies or it creator lose the interest, it will buy back at highest issued price.
Vector will place buy and sell orders on assets, the buy and sell orders will be 1 burst apart. If more people place buy or sell orders on vector it will adjust it's prices, to promote other peoples use of the asset exchange.
Asset ID: 4166893642908831356
Total Shares: 1'000'000
Watch the asset
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If the market demands a higher price then expected, the price pr Vector will rise.
Vector won't trade with assets, where a big amount of the assets is placed on the marked by the asset issuer. (cheap)
I hold the rights to profit from 5% of the assets earnings at any given time.
I hold the rights to edit the terms of Vector.
This month vector has taken a hit. The asset exchange has seen a reduced trading volume. Vector depends on people using the asset exchange (Income and ByteEnt). We are looking at a payout at 41 402 burst, this is 10 000 burst less then last month, but with more investors. I'm hoping for a better future.
I will be paying a bounty for a script or another solution to a more automated Vector.
It's a very simple script, with a input of a buy price, sell price, amount and asset id it should create buy orders and sell orders. I will be paying, in Bitcoin or Burst. You choose. Contact me before accepting, so we can negotiate a price.
It's actually quite a funny story...
I was placing buy and sell orders on the exchange and i forgot to edit the price of the asset. Both of the transactions is with me, so no damage happened. Keep this in mind when looking at the block explorer. It looks like ByteEnt has 1 666 650 burst today. This number is only 1 093 350. I missed some numbers and pumped ByteEnt with around
573 300 burst.
My bounty is still open and this is one of the reason I would like to pay money for a better way to trade on the asset exchange. I will do my best to not let this happen again, but i can't promise anything.
Dividens have been sent and we have paid a total of 65 44,60 Bursts.
The individual payout can be seen here https://docs.google.com/spreadsheets/d/1e42TGRR_PK3894pJ271IQr31ISR-MpWjADvEO9VwbVg/edit#gid=890329953
I have changed the sheet a bit. I have removed share holder and will now be keeping a history of PPA (Pay per asset) instead. This is because i have changed my dividends to the script instead of doing it by hand.
I will post a big ANN to Vector later today. This will be posted together with Margin dividends.
I have now paid dividends. My script played a april fools on me, I got a error message saying that it didn't payout correctly. If you didn't get payout, plz contact me and I will send a refund. I'm pretty sure everyone got their part, but it wouldn't hurt if you check a extra time. Check if it match the below table.
Vector (4166893642908831356) Total found assets: 1000000, Assets to be distributed: 118214
Summary of proposed distribution of 68524.25BURST to 19
Based on asset holders at timestamp 51775751 (Thu, 16 Jul 2015 18:09:11 GMT)
Number of assets, Account, Payout amount
50487, BURST-ACGB-YGHQ-G9ZL-5XD7U, 29265.43226479
20121, BURST-79PK-DGC2-M4XP-HUAVB, 11663.39379642
12716, BURST-G5EG-7MQ2-QJJ9-7VRCG, 7370.99127853
9575, BURST-7MYH-PHEM-2AHJ-C6TX5, 5550.27064265
6461, BURST-QUZQ-LMPD-KBWS-EC5FT, 3745.20090049
5000, BURST-FLWM-RWJJ-8XBF-74Q5U, 2898.31365151
3333, BURST-2QJP-325P-CSV5-3SG92, 1932.0158801
3300, BURST-UADJ-9AFK-Q62J-5YV2K, 1912.88701
3000, BURST-SANZ-WDBE-TM79-2N3DP, 1738.98819091
1501, BURST-GGPX-PP5S-LAGP-CBGCU, 870.07375818
1500, BURST-YZJ6-LYBY-WAC6-BQYGC, 869.49409545
500, BURST-SARW-AZYD-WB2R-8S2NS, 289.83136515
455, BURST-PMVC-387U-LG6C-FUMVY, 263.74654229
122, BURST-YCZP-KEA3-D2WP-CYDSP, 70.7188531
100, BURST-KJ7M-RXRK-WNUL-8PZ8H, 57.96627303
20, BURST-8V9Q-RWD8-2XCF-CLYWW, 11.59325461
10, BURST-83BD-TN5M-DYNV-6XXR4, 5.7966273
10, BURST-SJ6W-22VW-NJ89-DN9DZ, 5.7966273
3, BURST-QZKU-87FZ-WJTX-2QNYK, 1.73898819