Semi-annual distribution of created value to token holders. What does this mean ? I've dug around and it's very vague. I know what they are trying to say, but what are the details. It sounds like they will throw us a bone, if they come up with a number, and earn beyond it. Since they are a for profit company, this is so subjective without any kind of breakout. This could be a massive reason to own it, or a big fat yaawwwn.
What I understand is that if Rialto.ai uses $10 mil of the collected contribution to run its arb/market-making operations and eventually turn out $20 mil profit, 100% of that $20 mil profit will be equally distributed (according to our % ownership of XRL token) to us in the form of ETH. And this will be done once every 6 months.
Ok thanks, I'm guessing it doesn't take 10 mil a year to run this operation, but they may need to hold back for future growth in Arb funding? So maybe every year going forward they will payout like this, over operations cost and hold backs, or ?
Any ideas of future growth ? Whats reasonably possible? Guess ? 100 mil per year sounds like a huge number? 50 mil would be nice also..