Post
Topic
Board Announcements (Altcoins)
Re: [ANN]-[🔶COOPEX.MARKET🔶]⭐The World's First Cooperative Cryptocurrency Exchange⭐
by
coopex
on 29/06/2018, 08:09:40 UTC
75% of trading fee being distributed evenly for the token holder?
Is there any limited amount hold to get those 75%?

Hey there, we are planning on using 75% of the trading fees to buy back the token and then burn it, monthly. This buy-back and burn program will increase the price of the token in proportion to the success of the exchange, and will thus give good returns to holders of the token. This results in a distribution roughly equivalent to each user's holdings (percentage-wise). We can implement a dividends system as well if there is demand for it, but in that case we will need to change the percentage allocated to the buyback program.


The declared performance is pretty impressive. Is this an estimated performance or something that you already have? How can I check these values? Source code or any kind of demo app could be helpful.

I'm not sure where you're getting your data from, but our estimated performance is currently approx. 120 TPS and we will scale that according to demand (we estimate we will be able to increase that to 1200 TPS by September). It's an estimate because it is a localized test - when we have thousands of users submitting trades at the same time we'll be able to call it an accomplishment. We're currently working on a new trading UI which should increase speeds as well. We plan to release it and begin live trading alongside the ICO in about 2 weeks.


To everyone else: Please join our telegram for questions! https://t.me/coopexmarket