CND connects with Stoic. Finally.
Dear community,
CND is expanding its utility, transforming into the DAO token in the coming months. In this announcement, we will dive into the discount scheme tailored to CND holders.
A quick reminder: all Stoic users are eligible for massive CND discounts.
First, the terms:
- Every new or old customer who made any deposit to Stoic between December 21 and March 6 gets a 100% discount for the subsequent funding of the same size.
- Users who became customers before December 21 will get a 50% discount for any deposit under $20,000.
Users can claim the discount through support in the in-app chat. The offer ends on March 30, 2022. After this date, the terms will no longer be active.
Let's get back to CND tokenomics. We treat CND as a utility membership token rather than a payment solution or an investment vehicle. CND is your pass to the club of high-quality financial analytics and trading.
Every CND owner can now get discounts for Stoic services for holding CND. Moreover, CND might be used as a means of access to some low-capacity strategies and strategies purely based on Hybrid Intelligence.
The discounts for Stoic's long-only strategy will be set the following way:
Amount of CND | Discount | Discounted management fee | Max Deposit for this discount |
0 | 0% | 5% | Unlimited |
200,000 | 10% | 4.5% | $50,000 |
700,000 | 20% | 4% | $200,000 |
2,000,000 | 30% | 3.5% | $700,000 |
10,000,000 | 50% | 2.5% | $5,000,000 |
100,000,000 | 60% | 2% | $70,000,000 |
1,000,000,000 | 80% | 1% | Unlimited |
We will post additional information (discounts, terms of use) for other strategies in the app's FAQ section upon release of a given strategy. We reserve the right to change the conditions listed above in the future.
To claim the discount, head to the in-app chat where our support gurus will help you. You will be required to confirm your CND ownership. Thus, we ask you to keep the tokens in your Ethereum wallet, not on the exchange. Discounts can't be applied to the previous deposits.