The ADDAX trading game Round 2 is almost at an end. I shall publish the final closing price tomorrow.
The key data:
ADDAX fund value = 1566 STEEM (+14 STEEM)
Tokens in play = 15,474
ABV estimate = 10.12 STEEM cents (0.1012 STEEM) Up slightly from yesterday
A reminder of how the cashing-out process works. Tomorrow I will publish the final closing price. I will then place on the ADDAX market token buy orders at that closing price. It is then up to individual players to sell their tokens and pocket their profit.
I have been winding down some holdings and this process shouldn't take more than a couple of days. Some tokens that take a long time to unstake will be set aside and exchanged for tokens held by our management account. If I encounter any problems, I will, of course, inform players in a post.
You will also see that I will erect a new sell-wall just above our closing price; this is just to stop market disruptors. You will also see the whole price distribution collapse on the 23rd October as those open orders expire after 30 days. Nothing to panic about as the game is over and they are no longer needed.
I'll do the final profit analysis tomorrow, but we're looking at some 50% in 28 days!
Any feedback is appreciated.
ONECENT: The First Strategic Token Investment Game (STIG)