Can somebody explain how renting out tokens work? So far i can see there is no time frame given by renting out. Can you get back ghe rented out tokens at any moment? And if you rent tokens for mining, do you have ensurrence that tokens are yours as long as you want?
I do not understand how token offering and demand works if there is no timeframe, or do i miss something?
Hosting Fee, cents/kW/h
Miners Standard WTT Holder Saving Rent
100+ 7.50 3.30 56.00% 4.2
50-99 8.25 3.30 60.00% 4.95
10-49 9.00 3.30 63.33% 5.7
1-9 9.75 3.30 66.15% 6.45
The number of miners determine which rent has to be paid. As a WTT holder of excess tokens you simply choose at which offered rate you want to lease out. The system then automatically matches your offered tokens with miners of clients without tokens.
There is no efficient market pricing model here since the price of the rent only reflects GW willingness to give a discount for increasing numbers of miners.
Once you rent out, you must wait a couple of hours. Then your account is rewarded every full hour. You can stop at any given time. In that case you get the rent from the last full cycle.
