SAVE THIS AND UNDERSTAND IT FOR YOUR OWN BENEFIT:
As you already know, this is NOT a lending/staking platform, and it doesn’t pay interest. So some things are quite different and important to understand, such as this: As far as the ARB tokens, when you place them in the aBOT, you are technically selling them at the then market value into a large ARB pool (NO lending or staking). Example: 1,000 tokens @ $1/token = $1,000 VALUE now in aBOt (NOT 1,000 tokens). Note that the aBOT under “Pending”, and “Active” says $, not tokens.) At this point you no longer own ARB tokens! This $1,000 USD never changes, no matter to where token price moves.
The aBOT registers this $1,000 principal USD VALUE and arbitrages with it indefinitely, until you stop the aBOT. When you withdraw your original $1,000 VALUE, you technically buy new tokens at the then market value. $1,000 VALUE in, so $1,000 VALUE back out. If tokens now at $5/token, you receive 200 ARB tokens back. $1,000 original value : $5/token = 200 tokens out. If token still at $1 now, you receive $1,000 original VALUE : $1/token = $1,000 tokens out.
The profits are paid out in ARBs by the BOT at the current market value of ARB. So if you had $1,000 invested, and made 1% that day, you'd get USD $10 WORTH of ARB tokens (not 10 tokens). If the token price is at $1, then you'd get 10 ARB tokens. If the ARB token price were at $10/token, you would get 1 ARB token in profit paid out that day.
Gonk's public account.
Hello guys
Feel free to log into the crypto gonk autoreinvest account so you can have a look and see for yourselves how the abot and the platform works.
cryptogonk@gmail.com
pass -: asdf12#$
Disclaimer- This is a real account owned by Crypto Gonk to show all of the community how much he trusts the platform and show how profitable it can be.
Feel free to check it out daily to see how it grows.
see more ARB Media Channel
Edd Sayers 🇬🇧, [08.09.18 01:23]
Upcoming Abot payout changes
Starting tomorrow we will change aBOT payout method.
Your aBOT will be assigned a number 0-9, your aBOT will pay out at these given times.
0 - 4am UTC
1 - 6am UTC
2 - 8am UTC
3 - 10am UTC
4 - 12pm UTC
5 - 2pm UTC
6 - 4pm UTC
7 - 6pm UTC
8 - 8pm UTC
9 - 10pm UTC
All aBOT pending will still process at 4am UTC for everyone.
This will help spread out the payout and help sustainability.
Thanks,
Arbitraging Team
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