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COTI - Currency of the Internet COTI - Currency of the Internet
jekuff-

DJED tx fee is going to treasury right?

#coti #cryptocurrency #english
0

5 ответов

24 просмотра
lalatdaun-Sapta

Yes

0
30.06.2022
Vladyslav | COTI-

Djed’s and Shen’s mint and burn fees will be charged in ADA and will be entered into a transaction pool. Shen holders then get a share of this transaction pool as an incentive for their participation in maintaining the stablecoin peg ratio. In addition, every transaction in the ecosystem will be subject to operating fees that will be paid in ADA and deducted from the initial deposit and operational costs. These fees will be converted into COTI and streamlined into the COTI Treasury to be distributed as rewards to its users. @jekuff

0
30.06.2022
N-P
Vladyslav | COTI
Djed’s and Shen’s mint and burn fees will be charg...

So this basically means the fees are used to purchase COTI and move from exchanges to the treasury - therfore reducing supply of COTI available and making it more scarce and potentially increasing the price of COTI on any particular exchange ?

0
30.06.2022
Zippy Zoro-| Resolute Node
lalatdaun Sapta
Yes

The Djed fee is broken into 2 parts. Part 1 is the Mint/Burn TX fee which goes to Shen holders. Part 2 is the Operational fee which will go to the COTI treasury

0
30.06.2022

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