I just read the whitepaper, but I don't really understand it.
I hope someone is willing to explain me. How can I benefit from holding PAY tokens?
0.5% of the annual transaction volume are paid out to the token holders. 204 million tokens are around.
Forumal for calculation of annual reward
(((full transaction volume)*0.005)/205,218,256) = annual reward per token
Are those fees paid out as a dividend or paid out in the form of a buy back? Because as far as I understand there are many legal issues involved with a dividend but a buy back is easier.