Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
CHMEX
on 01/06/2018, 06:48:05 UTC
Hi, I read the jl777 Q&A on reddit and I just learned that DEX profits go to the DEX coin hodlers.  Where can I find out more about this?  I looked all through komodoplatform.com and couldn't find anything.  Are there any other coins in the Komodo ecosystem (besides KMD) that are useful?

Check this documentation

https://komodoplatform.atlassian.net/wiki/spaces/KPSD/pages/302940161/DEX+compensation+distribution.

Thanks!

So, if a person holds these asset coins in their Agama wallet, will the rewards be automatically added to their KMD balance?

Would the rewards for 1 DEX coin look like this?: (# of KMD traded on BarterDEX) x (0.15% x 50%) / (# of total DEX coins)

What is the total supply of DEX coins?

There aren't any in Barterdex for sale...

Thanks for your help


- Yes the dividends will be paid to the KMD Address

- Simply said yes. The DEX fee is 1/777 of relvolume so if you buy DEX for KMD (DEX/KMD pair) you pay 1/777 KMD approx 0.15% as a fee this fee is distributed 50% to DEX holders

- The total supply is 1'000'000 DEX Coins

- There are sometimes a few up for grabs https://dexstats.info/gui/index.php?base=DEX&rel=KMD
Also there are some people willing to sell for a particular price join the slack in #trading and ask