Post
Topic
Board Altcoin Discussion
Re: Kyber ICO
by
_Ini_
on 07/10/2017, 23:15:49 UTC
A few questions:

- What is the exchagne rates changes right before clicking send (reserve manager has set a higher rate now)?
- What if operator delists a reserver, will the reserve contributors get their funds back?
- How much fee will be charged by the Kyber-network ie. how much fee does the reserve pay in order to utalize the Kyber-network?
-
Quote
The
collected KNC tokens from the fees, after paying for the operation expenses and to the
supporting partners, will be burned​, i.e. taken out of circulation.
What does after mean? Does it mean the operational expenses will be payed by selling the KNC tokens on exchanges to FIAT and the supporting partners get paid in KNC and if this sum < fees then the rest of the fees get burned?
- Why does the Kyber operator only allow reserves with big money behind it? It would create more competition if everybody would be able to issue their tokens as a reserve and manage them themeselves via the reserve-manager feature instead of everybody contributing tool gigantic reserve pools with only one price.

thx