TPC 2.0 — June 2020 Report. Hi Trading Pool Community, Times flies…
Tags: Passive Income, Bitcoin, Investing

Hi Trading Pool Community,

Time flies and four weeks have already passed since we re-launched and had our first Direct Investment from our OTC Sales. All Direct Investors are active Shareholder of the TPC where their investment is collateralized with the assets under management and a total of 6.600TPC Coins where purchased from the OTC Sales. As of now we have two Copper Shareholders with No Voting Rights.

And one Gold Shareholder and six Platinum Shareholder with voting Rights.

From the 6.600TPC sold 100TPC have no Voting Rights.

Every 500 coins purchased from OTC Sales warrant investors with 1 Seat on the TPC-Committee. We have currently 13 Seats on the TPC-Committee board where several future decisions will be addressed and finalized with an official vote.

As of now the Trading Pool gathered 1.88BTC from the above mentioned Direct Investments. Total invested amount is 17.887,50$ and total bonus is 1.912,50$. The total Shareholders Redeemable amount is 19.800$.

The Trading Pool started deploying its first layer of Trading where we will follow a rebalancing strategy while keeping a high exposure on Bitcoin and Ethereum to increase our net worth in dollar valuation with the expected rise of Bitcoin. Ethereum as of now is the big leader of the smart contracts and decentralized finances and has a very strong correlation with bitcoin but always moves with a different percentage ratio. When it goes up it usually moves more then bitcoin but also falls harder. As soon the Trading Pool has a bigger standard deviation of our set allocation we will rebalance and profit from this lagging performance between these two assets, last year provided a 14% out performance compared to hodl. To reduce fees we hold a small allocation of BNB tokens.

As a second layer of trading we started adopting a margin trading position long bitcoin that we will scale in and out from 0% up to 20%. Currently at 13,3%.

Our third layer will start as soon as we see some increase in the Bitcoin price with our Forex Account and a systematic trading approach. We do not aim any fast trading as the profitability showed worse results when aiming for smaller distances and time frames. Best performing take profit range was around 100pips and 200pips and we will consider the lower range to see some closed trades every month. Here is our 8 year backtest.

More info here: https://discord.com/channels/714623099546632255/714623635083755552/723163992503091318

NEW CHANGE FOR TPC’s FUTURE AND FIRST OFFICIAL SUCCESSFUL VOTE FROM THE TPC-COMMITTEE

The purpose of the Trading Pool is to provide a steady future passive income for all its Shareholders with a diversified portfolio and several trading layers and have some governance where key decisions will be voted. Our top priority is and will always be the Shareholders. These are the Direct Investors with collateral in the Trading Pool. First objective is always to pay dividends first to the Shareholders and the first layer is achieved from the bonuses of the OTC Sales packs. The Trading Pool starts under collateralized while allocating more redeeming rights to higher packs of the collateral allocated. Example of the platinum pack, investors contribute with 2.700$ but have 3.000$ collateral rights. As the Trading Pool will grow in Net Worth ($) we will start allocating reserves from the profits above 100% collateral for the Shareholders that will opt out after the freezing period is over. Excess profits will allow us to to deploy our second objective, buybacks on the exchange where investors can sell their new minted coins.

Now here is where our original model conflicts with the already existing token economics we inherited from this takeover. Inflation is known to be the destroyer of wealth. We all know there are no free lunches and we are not the Federal Reserve to print “legal” dollars. If we aim for a strong buyback support we will exhaust very quickly our future profits to sustain a high price and the profits that are rightfully of the Shareholders will be diluted to the high amount of coins minted that are owned by first presale buyers from the TPC 1.0 and to all users that bought coins cheap on the exchange and are earning the same high amount of coins as all others. We could sustain a lower price, lets use an example, if we have 1.000$ profits and have 2.000TPC newly minted in circulation our theoretical price support would be 0.50$. Many users would be able to buy this cheap and enter the loop of investors getting new high amount of minted coins and thus diluting even further our profits away from Shareholders.

As our first priority is the Shareholders this is not acceptable and would globally harm the growth and scalability of the TPC project. Most probably profits would stay in the pool and given back to Shareholders directly but this would unpeg the TPC coin as a share model of the Trading Pool and make the coin basically unnecessary and not appealing to hold/buy in the exchanges.

With a much lower inflation we can actually provide a strong buyback support, increase the liquidity and buywalls and drive the TPC price to higher levels as we increase in Net Worth. Same example above, 1.000$ profit and now only 400TPC newly minted in circulation our theoretical price support would be 2.50$.

A higher price will make the OTC Sales a much more appealing investment, as these have a redeemable investment advantage and our highest pack offers a 10% bonus already, setting the TPC price at 2.70% while helping scaling up the Trading Pool. To sweeten things for our Shareholders we will add a few more upgradable packs where discounts will go even higher and lower down the average coin price and lock more bonuses to redeem.

This change can be made with a softfork changing the reward structure of the blocks. The standard dev fee will have a higher allocation while the MN rewards will have a lower allocation. We would like to aim for a target inflation of 20%.

The new governance fund (dev fee) would be split the following way:

- 5% allocated for operation costs (dev fee)

- 15% for collateral increase and buyback/exchange support (mostly used to buyback coins and increase volume of buywalls to strengthen our coin price and also increase the collateral from the Trading Pool to all Shareholders)

- remaining will go to the syndicate fund and will be adjusted from time to time to keep us on track and avoid setting up to much nodes from syndicate fund. The Syndicate fund already exists with the remaining premine coins from the first round presale coins of the TPC 1.0 and coins stay under the Vault Cryo program (immediately freezed and locked) and are used to setup nodes or remove nodes to reach our target lower inflation and keep it “stable” around 20% over time. Until there is premine coins left the syndicate fund stays untouched.

With this change we will be able to set our course towards longterm passive income with a real marketcap fully supported by the collateral of the Trading Pool and 100% of Shareholders of the TPC-Committee voted in favor of its immediate implementation and was successfully deployed on Block 131582.

As a reminder, all OTC Sales will ONLY be swapped internally from YOUR Vault account, btc for TPC and all transactions added to our back-end for the shareholder rights.

NEVER SEND ANY BTC TO AN ADDRESS THAT YOU DO NOT CONTROL.

Stay safe and remember Bitcoin is King,

Your TPC CEO,

Carlos — CC

Webpage

https://tradingpool.cc/

Discord

https://discord.gg/d6SkrNm

Twitter

https://twitter.com/TradingPool_CC

VAULT referal link:

https://my.vault.investments/r/Z0tDzROb/

MIDAS referal link:

https://midas.investments/burnout?p=cEialQtwP6

MEDIUM articles:

- Proposal https://medium.com/@tradingpoolcoin2.0/trading-pool-coin-2-0-2ef2d91124c2

- How everything started https://medium.com/@tradingpoolcoin2.0/tpc-2-0-how-it-re-started-4fba4924446d

- TPC 2.0 Top Priority https://medium.com/@tradingpoolcoin2.0/tpc-2-0-top-priority-cba8c9b9a99b