I've been collecting my share of FSA on COSS for a while now, but there is no consistency between my Estimated Weekly FSA and what I'm actually getting. I've beeen allegedly receiving FSA for months but what I see having been automatically converted to ETH is just only a tiny fraction of what should have piled up. Of course I've got also some dust or ERC-20 tokens, but these seem to be practically useless since the commision needed to distribute them is far bigger than their actual value. I can't even distribute to myself my earned COSS and CFT tokens because to do that would cost more than their value. Any by the way, I'm having in the account a quite consistent COSS position, not just a few thousand coins.
Could someone please better explain me again this Fee Split benefits story?
Non ethereum token are converted directly in eth and go to your weekly fsa (btc, usd dash and so on): when the amount in eth is worth the distribution fees you can take your eth. Actually the fsa is mostly in cft that's used for fee and you can sell at market rate inside the exchange, if you want, or use for your trades. For the coins that have only very little amounts i wait until the amount is far bigger than the 0.001 fee for distribute: btw in the future will be possible to convert the dust in cft or other coins, the team wrote so. It looks strange to me that if you have thousands of coss the weekly amount in cft is not worth the distribution fee. at the actual price cft/eth= 0.000175 distribution fee is 5/6 cft (is always 0.001 eth for the smart contract); so it means that if you must distribute to your wallet 500 cft (that is an amount reliable if you have thousands of coss) you pay in fee around 1% and i think that's ok.Could someone please better explain me again this Fee Split benefits story?
Thanks, I had overlooked the fact that I had received CFT on top of the ETH, and in fact you are right on the fact that for my CFT the fee is reasonable. But happy to hear about the upcoming feature of being able to convert dust to CFT - some dust would probably never make it to 0.001 eth unless COSS's volume climbs up to 1 B$ - which is what we all are obviously waiting BTW
