Every coin holder will be entitled to the dividend - no staking required. Basically we take all fees paid during eg. a week and distribute it to all accounts that hold coins. You get as much of dividend as much % of coins you hold. Some income from fees will be paid to transaction validators, but it will be 10-20% of fees max.
Hi!
I have a few questions:
1) So if I hold for example 1% of the token supply I will recieve 1% of your total income from fees? The whitepaper does not clarify this as far as I can see. Would be nice if that was the case though!
2) According to coinmarketcap the token supply is around 13 million. That would imply a current ico price of about $0.13 if I have understood the ico mechanism correctly. But then why is the token trading at $0.37 on Cryptopia?
3) I recall reading that ADST tokens will later be converted to ADS tokens on the ESC chain. Will ADST token holders have to actively approve or make some kind of transfer in order to convert to ADS tokens, or will it be done automatically by a smart contract?
Overall, looks like a great project!
