Looking at the testnet... a lot has been said of

Question

Looking at the testnet... a lot has been said of

the mint and burn fees COTI will make from DJED to put back into the treasury...... but unless I misunderstand these amounts will be, at most 5 ADA a time (assuming COTI gets all the fee). Twenty DEX's on Cardano could all use DJED and give us a grand total of 100 ADA to mint the DJED they need (maybe the backing SHEN a similar amount)? Am I misunderstanding this?

#coti #cryptocurrency #english

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05.05.2022

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Jim Fish Автор вопроса

Vladyslav | COTI
operating fees in ADA will be converted into COTI ...

Thanks Vladyslav, I understand that part, the part I don't understand is what "transactions in the ecosystem" actually constitutes. Is this every time djed is transacted on a DEX? Shahaf, in his videos always made it sound like it was minting and burning where the fees were generated but it seems like you are suggesting those events reward Shen holders so I am trying to work out what things will lead to treasury gains.

0

05.05.2022

Vladyslav | COTI · Accepted Answer

Vladyslav | COTI

operating fees in ADA will be converted into COTI and streamlined into Treasury

0

05.05.2022

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Looking at the testnet... a lot has been said of

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