Hi guys, I'm new. What is it and how does it work?
Raizer.cc is a decentralized exchange (DEX) for Counterparty token transactions
running on the Bitcoin blockchain, and is the only Counterparty DEX platform on
which BTC can be used.
After the product was released to a portion of Counterparty users in August
2018, updates have been continually implemented based on feedback received.
For more details on the main functions, see the "Solutions Provided by Raizer.cc"
section below
How tokens and their structure are distributed.
tokens are the cornerstone tokens that make up the Raizer.cc ecosystem.
All of the handling fees collected by Raizer.cc will be distributed to the RAIZER
token holders. Due to the properties of Counterparty tokens, all of the available
tokens have been issued, and there is no mining concept.
Token Possession Ratio-Operation and development team: 60%
-Partnership marketing and various incentives: 30%
-Cloud sale: 10%The 60% share of tokens possessed by the operation and development team is
used for the collection of handling fees.
Is there a listing extension?
For endorsements, RAIZER token holders have recommendation rights for each
RAIZER token held.
For example, a user holding one million RAIZER tokens can endorse currency A
one million times. As long as the total number of endorsements is one million or
less, other configurations such as 500,000 for A and 500,000 for B are also
possible.
All currencies maintaining five million or more endorsements from token
holders can be exchanged for BTC through Raizer.cc.
If token holders remove their endorsements or sell their RAIZER tokens and this
causes the number of endorsements for a currency to drop below five million,
the applicable currency will be automatically removed from the listings on
Raizer.cc. For this reason, currencies must be recognized as valuable to remain
listed on Raizer.cc. Alternatively, individual users need to maintain holdings of
five million RAIZER tokens to ensure the currency they want remains listed.