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Joseph-

Hey guys I have a dumb question- If COTI treasury is

getting fees from the Djed reserve minting and burning, what does COTI do for Djed during the onchain transactions for Cardano?

#coti #cryptocurrency #english
0

7 ответов

4 просмотра
Joseph- Автор вопроса

Has anyone on COTI team got an answer for this please?..

0
15.05.2022
Prince-|| COTI
Joseph
Has anyone on COTI team got an answer for this ple...

COTI receives the operating fees(Shen receives the burn and mint fees). Every transaction in the ecosystem will be subject to operating fees(paid in Ada), that will be converted into COTI and sent to Treasury.

0
15.05.2022
Joseph- Автор вопроса
Prince || COTI
COTI receives the operating fees(Shen receives the...

Thanks for your answer. So will any Djed be actually operated on COTI blockchain if it is getting operating fees or is it all the minting and burning etc on Cardano's chain ?

0
15.05.2022
Prince-|| COTI
Joseph
Thanks for your answer. So will any Djed be actua...

Currently, $Djed is supposed to be launched at cardano chain from where the operating fees comes. This definitely isn't impossible though to see it on COTI chain as well once MultiDAG 2.0 goes live as well

0
15.05.2022
Joseph- Автор вопроса
Prince || COTI
Currently, $Djed is supposed to be launched at car...

If COTI fees are external to Djed's maintainance, what is to stop someone implimenting Djed without sending fees to COTI. It would be a cheaper fee stablecoin

0
15.05.2022
Prince-|| COTI
Joseph
If COTI fees are external to Djed's maintainance, ...

Who is that "someone" if COTI itself is building it?

0
15.05.2022
Joseph- Автор вопроса
Prince || COTI
Who is that "someone" if COTI itself is building i...

Nah I was just talking about maintainance after its built, but I understand now that it is a business deal rather than for functionality issue and that answers my questions, thank you

0
15.05.2022

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