MAVRO which has been introduced is like an MMM INDIA currency. Basically, it is nothing but an abstract calculating unit. Just like regular currency, MAVRO has 2 different "exchange rates", one for "selling" and one for "buying". Each participant can "sell" or "buy" MAVRO, according to the "rates". "Purchase" and "sale" of MAVRO are carried out by special automatic software on the official website.
These "rates" would be established personally by Mr. SERGEY MAVRODI. Twice a week, on Tuesdays and Thursdays, and, supposedly, would be growing continually.
The rates of growth of MAVRO would be: up to 30% per month.
The limits for deposit of money for each participant will be minimum 5000 INR to maximum 50 000 INR. (For the time being, after the cancelation of the CALM regime. And then we'll see)
ATTENTION! Every time, a participant transfers any amount as per request of the System, this amount is frozen for a period of one month from the date of transfer.
Calculation of MAVRO:
You will gain 10% - when you deposit funds in your account and 30% - when you transfer the amount to the other participant, as and when requested by the System.
The System consists of two main buttons: GIVE HELP (Buy MAVRO) and GET HELP (Sell MAVRO). The moment you register, you press the GIVE HELP button, which means you agree to transfer your money to buy MAVRO at 30%. When you want to sell your MAVRO at 30% in exchange of INR (Indian rupees), you press the GET HELP button.
ATTENTION! Once you register, it is compulsory for you to press the GIVE HELP button. If it’s not done - you will not be eligible to gain 10% on your deposit.
Requests for transfer of amount from your account (which means automatically to buy MAVRO at 30%), may be requested in parts or may be the total sum. However, not more than 50% of the total sum available in your account will be asked for transfer by the System. (For the time being, after the cancelation of the CALM regime. And then we'll see)
First the System calculates the amount of requests for payments (GET HELP button). And then, as per these calculations it will send request for transfers RANDOMLY to the participants (GIVE HELP button). Not necessarily, a request for transfer may or may not occur within a month.
ATTENTION!!! As per the request of the System, a participant MUST transfer money WITHIN 48 HOURS, from his personal account to the account of another participant. In case the participant refuses to transfer the money as per the System’s request - after 48 hours this particular participant will AUTOMATICALLY be removed from the System.
For participants who are open to transfer more than 50% of the deposited amount upon request (GIVE HELP) to buy MAVRO at 30%, there is a separate button. Then the program knows that you are ready to transfer more than 50% of the deposited amount. It doesn’t guaranty that this participant will always be requested to transfer more than 50%.
ATTENTION! Please keep a check on the minimum balance requirement by your bank. The System will not be responsible for paying any below minimum balance charges imposed by your bank.
For Example:
On 01/06/2012 Amar deposited 10,000 INR in his personal account and requested to GIVE HELP. This means he bought MAVRO at 10% for the sum of 10,000 INR.
On 05/06/2012 the System sees that Akbar has pressed the GET HELP button, so the System may randomly choose Amar and request Amar to transfer 5,000 INR to Akbar’s account. This means once the transfer is done to Akbar, Amar has bought MAVRO at 30% for the sum of 5,000 INR. The sum of 5,000 INR which is still remaining in Amar’s account will gain 10% from 05/06/2012 to 30/06/2012 (approximately for 25 days).
On 01/07/2012, now that amount in Amar’s account has completed the frozen period of one month, Amar can sell his MAVRO at 10%.
How the System calculates the 10%! The System calculates 10% for 5 days on the sum of 10,000 INR, i.e. from 01/06/2012 to 05/06/2012 (because there was 10,000 INR from 01/06/2012 to 05/06/2012 in Amar’s account) and then the System calculates 10% on the sum of 5,000 INR remaining after Amar transferred 5,000 INR to Akbar’s account, i.e. from 05/06/2012 to 30/06/2012.
On 05/07/2012, now that amount of 5,000 INR which was transferred by Amar to Akbar’s account has completed the frozen period, Amar can sell the sum of MAVRO at 30% and in exchange get 6,500 Indian rupees.