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BURST FZT token

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Bibr

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Hi :)
I just received 100 FZT tokens that are named after this forum. Is there someone here that knows the creator / knows what this token is for ? Here is a link to a BURST explorer page for that token 
https://explorer.burstcoin.network/?action=token_inspect&id=-5206716612910238986 

Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/burst-fzt-token/3320/
#1 - June 04, 2021, 12:03:55 AM

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Yes, this token is on another thread which you can find here. All the details can be found there on the 1st post.

The 100 you received was an airdrop to TRT holders.
#2 - June 04, 2021, 12:21:16 AM
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Bibr

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I just managed to find that general post. It fells really good to some new people on the scene. And now I got a nice looking forum to look around :D
#3 - June 04, 2021, 12:29:35 AM

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Quote from: Bibr on June 04, 2021, 12:29:35 AM
It fells really good to some new people on the scene. And now I got a nice looking forum to look around :D
Thank you. You can take advantage of the Forex Zone Burst faucet too.
#4 - June 04, 2021, 12:32:19 AM

Bibr

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I don't know if you have control over that burst account, but if you do then consider joining a TRT pool. With 56k TRT you will only get 1 payout for cross market fees. In the pool you will be getting 4 weekly payouts from cryptoball and cross market fee payout. With pool your TRT will be making 4X burst vs keeping it in your wallet.
Don't believe ? Take a look into treasury's spreadsheet
https://docs.google.com/spreadsheets/d/1rlI8_Oij-TKDKpAfcH6Mv7QQJWOiYnlPw6m3-eiVUGE/edit#gid=0
Every account under 100k TRT would not be able to get cryptoball 1-4 payouts. With TRT treasury you get a slice of every pie that burst has to offer :) 
#5 - June 04, 2021, 12:48:36 AM

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Quote from: Bibr on June 04, 2021, 12:48:36 AM
In the pool you will be getting 4 weekly payouts from cryptoball and cross market fee payout. With pool your TRT will be making 4X burst vs keeping it in your wallet.
I thought CryptoBall paid out once per week though. The spreadsheet says payouts are made once per month.

I like the idea though. Do the TRT ever have to leave the wallet?
#6 - June 04, 2021, 01:00:30 AM

Bibr

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Yup, once per week. 4 Weeks in a month. That's where I'm coming from. 

Yup. You need to transfer TRT to this wallet BURST-EAW5-NSCQ-26XX-DB9QK. 
Payouts are done once per month because I don't really have a time to do payouts every week
#7 - June 04, 2021, 01:05:52 AM

smdburst

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BibrW what is the minimum required to join the TRT treasury?
#8 - June 08, 2021, 02:09:50 PM

Bibr

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1000 TRT :) 
#9 - June 08, 2021, 02:10:52 PM

smdburst

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Thanks.  I need to stop committing Burst long enough to swap for more TRT.  I'm curious if anyone has compared the passive income from TRT vs. Burst commits.  I realize it would differ for each person.  But I personally need more Burst commitment so I assumed that would be the best use of my limited income.
#10 - June 08, 2021, 02:21:41 PM

Bibr

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It's really hard to compare because burst commitment is constantly changing. ROI for TRT holders under 100k is almost non existant. If you bought TRT at 0.4 (and my math is correct) then ROI for TRT is at 35 years. Of course if you got TRT for like 0.2 it's half that, but it's stil dam long
#11 - June 08, 2021, 02:48:37 PM
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