YieldNodes FAQ
1. YieldNodes Rewards and Payouts
Will the staking rewards of 5 % be available for withdraw at the start of January 2023?
The 5 % is provisionally allocated to the account and thus also later to the NFT. The basis for the 5 % is the total deposit including all rewards and pending withdrawals. Since there is currently no market volume, we would not be able to sell the coins without dumping the price even further. In addition, the price of most coins is currently so low that the 5% on an euro basis every 3 months represents a higher return.
However, we are working on a solution to pay out parts of the masternode earnings on top to the 5 % in the corresponding coins during the transition period. With this solution of paying out temporarily blocked coins, we could also compensate the partners whose payouts were not executed. The claim to these coins will also be registered in the NFT.
2. YieldNodes withdrawals
We will start with a lower limit for claim sales of 10% and will increase this lower limit by 10% every 2 weeks, until we reach 75% (the last increase will be 5%). All sell offers remain open until they are either sold or the seller withdraws his sell offer or the conversion into a NFT of the claims has happened and they can be traded. If the lower limit increases and is thus higher than a seller’s offer, it is automatically increased.
No one is obliged to sell through the claim sale (EW) at a low percentage and we also advise against it. But even if some do not want to believe it, there were many requests to create such a possibility.
If you want to pay out the real value, you have to wait until the coins are backed up with real assets and thus have value again. This is the reason why we offer this 3 payout steps.
Furthermore, it has been mentioned by most investors that they do not want to experience things like Uwe Kuhne experienced with YNL and others. They want to protect their families and their employees from such attacks.
That, for example, with the music publisher is a huge problem. This company, which is run as a medium-sized business, is very family-oriented, lives from its good name and has done so for more than 20 years. Actions such as those against Uwe Kuhnle would be very damaging to this company.
Uwe Kuhnle and the IPI Group were also considerably damaged by the unspeakable video of Levi and his group. Of course, this has legal consequences and Uwe Kuhne is well positioned with his legal team to assert corresponding claims. However, we do not want to do this to other partners and other companies associated with us.
However, we still offer to view the facilities and the associated property of the IPI Group and see for yourself. For the other people who want to bring in assets we are looking for a possibility that notaries confirm the values without us having to give addresses. These can then be checked by elected auditors from the community, who are not allowed to give any information about the address and the owners. We hope that the situation will return to normal so that we can play with open cards again.
3. DECENOMY and DECENOMY Coins
This is necessary because DECENOMY needs a different kind of evaluation than usual. We need to value yield value, but also things like e.g. carbon savings or socially responsible behavior.
At the same time, the Swiss IPI Holding is planning a consolidated balance sheet to show the economic strength of the IPI Group. But this will also take some time.
DECENOMY PLC in Malta was founded to manage the assets that are brought into DECENOMY. Since DAOs are not yet legal constructs, we have taken the form of a PLC for this purpose. This legal form is the closest to a DAO among all legally effective legal forms. As soon as the DAO is recognized as a legal form, we will strive for a conversion, possibly we can also wrap a PLC into a DAO.
DECENOMY PLC was not active until now and has by law nothing to do with YieldNodes which is a project of Exceptional Media Ltd in Hong Kong. Mr. Uwe Kuhnle is not involved in Exceptional Media Ltd in any form, neither on the owner side nor operationally.
To the question:
DECENOMY is intended to become an economic area that is valid worldwide, independent of national borders or other regional restrictions. The value of an economic area is measured by the economic performance, which is created from existing assets, existing work force and added value. Directly linked to this is the value of the associated currencies, in the current regional economies these are e.g. USD, EUR, CNY, and others.
Therefore, the plan is to bring assets into the DECENOMY economic area (through tokenizing), where their owners legally guarantee that all economic actions (buying, selling, trading, value creation, etc.) will be carried out within DECENOMY. The corresponding amount of coins is generated for the contributed value. This is provided in the economic space, nothing changes in the ownership for the time being, only the value from DECENOMY is rising an so also the real value from the coins.
In the second step, the owner can offer these assets for sale tokenized in whole or in part via YieldNodes Pro. Since these assets collateralize the value of the network, the owner of these assets receives, in addition to the distribution of profits, some kind of interest and compensation coins, which, for example, rewarden environmentally friendly or social behavior. Details will follow later, as this would go beyond the scope of answering this question.
IPI with its CEO Uwe Kuhnle has been supporting DECENOMY for more than 2 years and is willing to contribute most, possibly all of its assets to DECENOMY. By doing so, it increases the value of DECENOMY and some of the coins associated with it, which also increases the value of the masternodes’ earnings. Therefore, all users have an advantage by contributing these assets, but none are directly invested in them. If someone wants to invest directly in these assets, they can do so later through YieldNodes Pro. IPI is not the only company that wants to contribute their assets.
In addition, they receive some kind of interest for contributing their assets and can get rewards for social and ecological behavior in addition to the normal value creation. This changes the governance effect, instead of social and environmental behavior costing the company, it generates revenue. This corresponds to the idea of a sustainable economy, since social and ecological behavior are values and not costs.
The value of money actually results from the value of the economic area where it can be used. In turn, the value of the economic space is defined by 3 factors:
– work
– assets
– knowledge
Land is also often mentioned as a factor (e.g. from Smith & Ricardo or from Marx). In DECENOMY we add it to the assets, in times of virtual business models, the land is always somehow connected to assets or is an asset itself.
These 3 factors create value. Labor and knowledge are leverage tools, which increase the value of the assets in the context of value creation. Modern technologies have turned parts of work (robots and AI) and knowledge (databases, big data) into assets themselves.
The willingness to work and the provision of knowledge are in turn attracted by interesting assets, so assets are also the basis for ensuring that these two factors are available in sufficient quantities.
The consequence of this is that the basic factor for the value of an economic area is the value of its assets. But if the value of money depends on the value of the economic area, then the value of money also depends on the value of the assets within the economic area.
In DECENOMY, the economic space is defined by the assets.And this has always been the DECENOMY plan, which we are now accelerating because of the situation that has arisen:
We introduce assets into the DECENOMY economic space that trigger economic activity and value creation there. As a result, the associated coins will increasingly be used for real economic transactions, thus rising in value and stabilizing.
Since there is no real legal status yet for DAO, NFT and other smart contracts, which will be the tools to incorporate the assets in the long run, we are resorting to existing legal forms and constructs.
This means, for example, that DECENOMY assets are held by public companies and we wrap their shares in NFT. Partners who bring in assets commit themselves to carry out all economic activities in the DECENOMY economic area. Corresponding contracts secure this. Via YieldNodes Pro one can then participate in these assets via this NFT. As I said, this is a transitional solution until DOA, NFT and Smart Contracts can enter into legally binding contracts themselves.
To create legal certainty for this, DECENOMY PLC, Malta was founded as a company to make legally binding agreements for this. Therefore it is counterproductive if this company is attacked by people who want to protect their deposits.
You move your company or your assets to another economic area, combined with another jurisdiction, e.g. to save taxes, to have lower costs, to get better educated employees or to have shorter logistic distances.
DECENOMY is also such an economic area. But of course it cannot offer tax advantages. On the other hand, DECENOMY can offer interest on assets (in addition to profits), investors can get crowdfunding for projects much easier, there is (almost) no inflation due to decentralized money management, transactions are transparent, market power of corporations is broken, social and ecological actions do not generate costs but generate income. For many of the partners we approached, this was all very attractive.
Another advantage, of course, is that blockchain technology can be used for real assets, not just virtual assets. This makes many things in the real economy more efficient and transparent.
When the economy weakens in an economic area, such as the euro zone at present, the associated currency looses value. An economic area such as Switzerland, on the other hand, becomes stronger and the value of the Swiss franc increases. This shows very clearly that economic performance is the essential sustainable value. The higher the economic performance, the higher the value of the currency (highly simplified, I know, but the point here is the principle).
The basis for the economic performance are assets, from which in conjunction with labor, land and knowledge generate yield. It follows that the value of the economy, and thus the economic power, is ultimately determined by the value of the assets it contains.
Since the value of the coins depends on the economic performance, the coins are made valuable by the assets in their economic space.
This system is much more sustainable than any gold standard or the USDT (which for me offers no real safety). But the explanation for this would go beyond the scope of this answer and will be part of the next versions of the lite paper/white paper.
Virtual assets, which will of course exist in DECENOMY, could be traded as a NFT on OpenSea just like the YN NFT. However, this decision has not yet been made. In the spring before YNP comes out, we will create a way for YN NFT to be traded. This will happen at OpenSea or a dedicated platform or both.
Will there be some opportunities with more recession proof industries?
There will be much more to come. We want to build a platform for people from all industries so that they can use it for their business, their free time, their job, their education, their social security and much more.
In the process, we will help make environmental protection economically worthwhile. Only in this way will we be able to master climate change and make the world a little fairer again. The unconditional basic income is also a topic.
Some may think that I am a megalomaniac. We will show you with a team of experts that all this is possible. I have an 8-year-old son (I became a father very late), I want to leave him a world that is at least a little bit better.
The diagrams have to be adjusted again and again by constant small changes. When we publish them, we want to have them real ready and not in a temporary status which produces again a lot of questions. Our plan is to have the version 1.0 in February.
4. YieldNodes Pro
“Ask not what DECENOMY can do for you, ask what you can do for DECENOMY”.
Tell people about DECENOMY, tell them about the benefits blockchain combined with decentralization and smart contracts. Use the DECENOMY platform from the beginning when the first features are unlocked and involves other people.
DECENOMY is not just about making money, it is about changing the free market economy and the monetary system so that we no longer serve the money, but the money serves us again.
DECENOMY is a new type of transaction network that has a similar or even higher complexity than the Internet itself. Actually, no one can correctly describe the Internet in a few sentences in all its complexity. Most explain the Internet in terms of individual functions and benefits, please do the same with DECENOMY.
However, the chance is quite high if DECENOMY and the coins behind it are backed by assets of value.
In the medium and long term, however, the economic development will determine the returns, which is the only way DECENOMY can function sustainably. In addition to the financial returns, there will also be advantages in the use of the assets in which one is invested.
There will also be an interest on assets and rewards for social and ecological behavior, which will also lead to new business cases. Therefore, the revenue opportunities are multi-layered.
The NFT is bought and sold with cryptocurrencies. Each coin represents an economic sector, each coin is exchangeable against other coins and fiat currencies.
YN NFT are a special feature. They are a certificate of claim from YN. They can either be sold directly on an appropriate exchange or exchanged for YNP NFT at YN Pro.
This economic space, called DECENOMY, is planned for Q4/23.
5. NFTs in YieldNodes and YieldNodes Pro
In Q4/23 this YN NFT can be exchanged for a YNP NFT. This will then again be a masternode pool that will pay out monthly income in some sort of dividends similar to YN.
In the third step it should be possible to exchange YN NFT for YNP NFT on YieldNodes Pro. These are then investments in real assets and asset pools with different profit possibilities.
If DECENOMY has proven by then that it makes its coins valuable again through real assets, the values of the NFT will automatically increase, so that a market will also arise which attracts buying interests
The owner from the assets can offer these assets for sale tokenized in whole or in part via YieldNodes Pro. Since these assets collateralize the value of the network, the owner of these assets receives, in addition to the distribution of profits, some kind of interest and compensation coins, which, for example, rewarden environmentally friendly or social behavior. Details will follow later, as this would go beyond the scope of answering this question.
There will be different profit distribution models depending on the asset, some similar to dividends for stocks, others will pay additional distributions for CO2 savings, and in addition there will always be some kind of interest for assets regardless of their profit distribution. In enhancement to that, depending on the assets, there will also be completely new profit draw rights, such as perks, free use of the assets, and whatever else partners come up with creatively with them. There will also certainly be a masternode pool again in the form of NFTs, which will work similarly to YielNodes and will also pay out monthly profits.
If you invest in a new asset or coin (like the energy coin planned in Dubai), e.g. similar to Tesla, a quite high profit is always possible and those who invest cleverly in assets can certainly make good money there.
But DECENOMY will have a system that essentially only economic parameters can change exchange rates and prices. So, speculation is still possible, but speculators (e.g., whales) can no longer manipulate prices themselves by large purchases or sales.
Especially in the light of what happened from September on (active dump of our coins) we see ourselves more responsible for the price stability of our coins than for maximum risky pool returns. Investors will be able to transparently decide their risk themselves.
– Sale of the account.
– Sale of the NFTs (Q2/23).
– Continuation of the program through a YieldNodes Pro (Q4/2023).
But if there are enough assets and thus the value increases, then each NFT has the value roughly equal to the original deposit.
With the NFTs, we make the profit claim rights of YieldNodes tradable and transferable. So people can sell their share if they don’t believe in DECENOMY and YieldNodes Pro. At the same time, our partners’ profit claim rights can be transferred to YieldNodes Pro and this is independent of any websites.
After the transfer to YieldNodes Pro and start of the service, our partners have the same opportunities as before and get a share of the masternode income in YieldNodes Pro.
From this point of view, our YieldNodes partners have the same options in YieldNodes Pro as before and only get additional options through the NFT, such as selling the profit claim right and maybe even lending it in the future.
However, we will increase the value of deposits by 5% every 3 months.
Our goal is to raise the value of deposits back to pre-crypto winter levels, but we cannot promise that either.
The priority is to maintain a stable and secured value so that this will not be a flash in the pan.
6. Financial situation at YieldNodes
Unfortunately, we can’t disclose more internal stuff. We have to and want to treat all our partners as equal as possible in our decisions. In YieldNodes Pro there will be much more transparency within the investments.
As before, we will not make any promises on future returns. We will explain what we are doing, with what assets with what values the coins will be collateralized and you will have to assess for yourselves what returns you think are possible.
Regarding the assets audit we would like to tell that we are in an ongoing process with the surveyor doing the expert reports. We are expecting the final documents in Q1/2023.
Since YieldNodes is not regulated, no LEI is required. It was applied for before by mistake. However, as you can see from the register, the company is still active.
7. Success of YieldNodes Pro
8. Transactions
9. Marketing Plans of YieldNodes Pro
https://discord.com/channels/1030541189390282872/1030544405263826944/1047460279727960076
10. The Mobolith Project
11. Powerplant
We show that DECENOMY projects work everywhere, photovoltaic is not on any sanction list, it is highly profitable and what better way than to operate a PV power plant to keep Iran from nuclear power to produce no nuclear weapons grade plutonium hidden.
In addition, there is the well-tried income from masternoding and staking, which in the medium term comes from fees and not from newly generated Coin.
Details will follow.
12. Yield Nodes Communication
But you are right, I will try to explain more. We are working on a new information system DECENOMY is very complex.
I am the mastermind behind the idea of DECENOMY and therefore, especially in this situation, extremely overloaded and yet I try to find time to answer the essential questions here.
When we saw the problem of a possible bank run, we immediately stopped deposits and withdrawals to secure everyone’s deposit.
Since we had already planned to secure the value of the coins with real assets, we decided to bring this forward in order to give these assets higher values again.