A Service Provider is the channel through which the newly released coins are distributed, and whose activity facilitates the coin release. The other non-provider users should connect to them to get their coins from the daily emission. Connected users get the new released coins from the system directly, not from the provider. There is no provider payment risk.
The daily 2.5% gain is not automatic. First you need to own Corion coins. The emission is based on the exchange between COR and USD. Anytime the rate goes above 1 USD coins are released to balance the price. Each 3 hours the price of Corion is checked (automatically by the system) and If the price of COR is above $1, then 0.3% new coins are released to balance the exchange rate.
The Providers keep part of the realeased coins. Many service providers give 70% but this can be vary.
To become a Provider you have to deposit at least 3000 COR (we recommend at least 3050 COR because of transaction costs) on the address you want to use for this service. Having done that go to the “PROVIDER” in the menu list and click on “BECOME” first, then on “BECOME PROVIDER”. To become a provider you will also need some ETC for gas. (we recommend at least of 0.2 ETC)