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Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B - page 263. (Read 1192056 times)

hero member
Activity: 896
Merit: 553
Where can you sell the REVS asset or how do we earn dividends from it?

Trade: On BarterDEX
Dividends: on the komodo asset chain through Dividend API

somebody correct me if I'm wrong.
The REVS is there to allocate the dividends. The CRYPTO asset (crypto777) already has accrued over 50 BTC of revenues, but it is trapped due to BTC txfees. It does seem that the txfee madness is over for now, so I can start to combine the small utxo into bigger ones.

5% of 50 BTC isnt that much, and I also need to finish everything needed for the dICO before dealing with all the revshare details.

However, it does seem that we are not too far away from being able to migrate the NXT assets over and then issuing dividends. I cant make any promises on timeframes, but the REVS are accruing their rev shares every day.

We need barterDEX live and actively used
Agama support for the REVS and assetchains fully deployed
BTC fees staying at a sane rate
NXT assets migrated

First two are pretty much done, even the third one is not an issue now. I will start thinking how best to do the NXT migration.

so we just wait then?

agama working now, had issues for the longest time
full member
Activity: 476
Merit: 133
I guess it is time for me to purchase a ledger nano S wallet. As developers have fixed the bug regarding interest earnings for KMD. It is really handy and ideal to have KMD on the Nano S.
I think you misunderstood.
Even a paper wallet will accrue interest if LockTime is set, but a paper wallet is not able to spend it.

Similarly ledger funds will accrue interest if LockTime is set, but ledger wallet is not able to spend it.

The reason is that the wallet is not what accrues the interest, that is built into the blockchain. The wallet however must know about interest calcs and how to adjust the transactions to spend it.

Ledger does not do this at this point

so the paper wallet does not get interest when i move it to the agama wallet?

how exactly did you get your paper wallet to send a transaction?
dont you have to use some software for that? in which case, which wallet did you use?

i did not
i sent to the paper wallet from the exchange - planned to move it in few months..
it will send to agama wallet the original amount + x%?
look up the txid on the block explorer for your funds in the paper wallet
if LockTime is set and it is for more than 10KMD and you use a wallet that knows how to spend the accrued interest, you will get it as change.

so you likely will need to do 2 transactions to get all of it into a different account.

Agama supports interest collection
full member
Activity: 224
Merit: 100
I guess it is time for me to purchase a ledger nano S wallet. As developers have fixed the bug regarding interest earnings for KMD. It is really handy and ideal to have KMD on the Nano S.
I think you misunderstood.
Even a paper wallet will accrue interest if LockTime is set, but a paper wallet is not able to spend it.

Similarly ledger funds will accrue interest if LockTime is set, but ledger wallet is not able to spend it.

The reason is that the wallet is not what accrues the interest, that is built into the blockchain. The wallet however must know about interest calcs and how to adjust the transactions to spend it.

Ledger does not do this at this point

so the paper wallet does not get interest when i move it to the agama wallet?

how exactly did you get your paper wallet to send a transaction?
dont you have to use some software for that? in which case, which wallet did you use?

i did not
i sent to the paper wallet from the exchange - planned to move it in few months..
it will send to agama wallet the original amount + x%?
full member
Activity: 476
Merit: 133
I guess it is time for me to purchase a ledger nano S wallet. As developers have fixed the bug regarding interest earnings for KMD. It is really handy and ideal to have KMD on the Nano S.
I think you misunderstood.
Even a paper wallet will accrue interest if LockTime is set, but a paper wallet is not able to spend it.

Similarly ledger funds will accrue interest if LockTime is set, but ledger wallet is not able to spend it.

The reason is that the wallet is not what accrues the interest, that is built into the blockchain. The wallet however must know about interest calcs and how to adjust the transactions to spend it.

Ledger does not do this at this point

so the paper wallet does not get interest when i move it to the agama wallet?

how exactly did you get your paper wallet to send a transaction?
dont you have to use some software for that? in which case, which wallet did you use?
full member
Activity: 224
Merit: 100
I guess it is time for me to purchase a ledger nano S wallet. As developers have fixed the bug regarding interest earnings for KMD. It is really handy and ideal to have KMD on the Nano S.
I think you misunderstood.
Even a paper wallet will accrue interest if LockTime is set, but a paper wallet is not able to spend it.

Similarly ledger funds will accrue interest if LockTime is set, but ledger wallet is not able to spend it.

The reason is that the wallet is not what accrues the interest, that is built into the blockchain. The wallet however must know about interest calcs and how to adjust the transactions to spend it.

Ledger does not do this at this point

so the paper wallet does not get interest when i move it to the agama wallet?
full member
Activity: 476
Merit: 133
I guess it is time for me to purchase a ledger nano S wallet. As developers have fixed the bug regarding interest earnings for KMD. It is really handy and ideal to have KMD on the Nano S.
I think you misunderstood.
Even a paper wallet will accrue interest if LockTime is set, but a paper wallet is not able to spend it.

Similarly ledger funds will accrue interest if LockTime is set, but ledger wallet is not able to spend it.

The reason is that the wallet is not what accrues the interest, that is built into the blockchain. The wallet however must know about interest calcs and how to adjust the transactions to spend it.

Ledger does not do this at this point
full member
Activity: 476
Merit: 133
Where can you sell the REVS asset or how do we earn dividends from it?

Trade: On BarterDEX
Dividends: on the komodo asset chain through Dividend API

somebody correct me if I'm wrong.
The REVS is there to allocate the dividends. The CRYPTO asset (crypto777) already has accrued over 50 BTC of revenues, but it is trapped due to BTC txfees. It does seem that the txfee madness is over for now, so I can start to combine the small utxo into bigger ones.

5% of 50 BTC isnt that much, and I also need to finish everything needed for the dICO before dealing with all the revshare details.

However, it does seem that we are not too far away from being able to migrate the NXT assets over and then issuing dividends. I cant make any promises on timeframes, but the REVS are accruing their rev shares every day.

We need barterDEX live and actively used
Agama support for the REVS and assetchains fully deployed
BTC fees staying at a sane rate
NXT assets migrated

First two are pretty much done, even the third one is not an issue now. I will start thinking how best to do the NXT migration.
member
Activity: 115
Merit: 11
https://dexstats.info
Where can you sell the REVS asset or how do we earn dividends from it?

Trade: On BarterDEX
Dividends: on the komodo asset chain through Dividend API

somebody correct me if I'm wrong.
hero member
Activity: 896
Merit: 553
Where can you sell the REVS asset or how do we earn dividends from it?
legendary
Activity: 2114
Merit: 1403
Disobey.
Does anyone know if the Interest bug for Ledger Wallet has been fixed yet?

Not yet, still a work in progress.

Uhoh, there is Ledger support for KMD?! Only for nano S or for any model?
Sorry for asking I have been living under a rock, lately (aka beeing busy with a ton of other stuff).

Any chance for Trezor support soon?
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
I guess it is time for me to purchase a ledger nano S wallet. As developers have fixed the bug regarding interest earnings for KMD. It is really handy and ideal to have KMD on the Nano S.
newbie
Activity: 20
Merit: 0
Does anyone know if the Interest bug for Ledger Wallet has been fixed yet?

No not yet, they are still trying to recruit a dev with the necessary skills.

thanks.. and would you know if those holding KMD in Ledger will get interest from the time we have held them
make sure LockTime field is set (look at txid in explorer for your deposits into ledger)
if it is set, then it is accruing interest

Ok yes i see a value on that field -
LockTime   1507403940
So i assume the interest is accruing ad when at some stage it gets fixed from Ledger, i will be able to see that in my wallet.

thanks
jr. member
Activity: 62
Merit: 1
I never got any interest on Bittrex though, I had to install agama to start getting it.

Maybe bittrex keeps it for themselves ?
The most fitting answer you'll get:
https://youtu.be/F12lpqnug-0

Makes complete sense.
full member
Activity: 476
Merit: 133
As I understand you are getting interest, even if you are holding your KMD on an exchange, just make a transaction after x time and the interest will be added to your wallet.

I never got any interest on Bittrex though, I had to install agama to start getting it.

Maybe bittrex keeps it for themselves ?
as near as I can tell, the bittrex account's interest is going to the miners
hero member
Activity: 1092
Merit: 552
Retired IRCX God
I never got any interest on Bittrex though, I had to install agama to start getting it.

Maybe bittrex keeps it for themselves ?
The most fitting answer you'll get:
https://youtu.be/F12lpqnug-0
jr. member
Activity: 62
Merit: 1
As I understand you are getting interest, even if you are holding your KMD on an exchange, just make a transaction after x time and the interest will be added to your wallet.

I never got any interest on Bittrex though, I had to install agama to start getting it.

Maybe bittrex keeps it for themselves ?
full member
Activity: 476
Merit: 133
Does anyone know if the Interest bug for Ledger Wallet has been fixed yet?

No not yet, they are still trying to recruit a dev with the necessary skills.

thanks.. and would you know if those holding KMD in Ledger will get interest from the time we have held them
make sure LockTime field is set (look at txid in explorer for your deposits into ledger)
if it is set, then it is accruing interest
sr. member
Activity: 1009
Merit: 261
question about the interest in AGAMA wallet. I can see i collected interest in the wallet, do i need to claim it, or is it automaticly mine Cheesy

Can someone quickly explain to me what this AGAMA wallet is? Is is superior in some way and are KMD users better advised to use it?

Its much more stable than the swing wallet - Personally I couldnt get swing to work.
It's also the beta of the "production model" of the wallet/front end of the BarterDEX that will eventually roll out into full launch.

Also it makes it easy to claim interest and update from within the app

Sounds really good. Thanks for enlightening me on this one. I really wasn't in the loop. Will follow everyones advice here and use that one, too.
full member
Activity: 658
Merit: 129
Does anyone know if the Interest bug for Ledger Wallet has been fixed yet?

No not yet, they are still trying to recruit a dev with the necessary skills.

thanks.. and would you know if those holding KMD in Ledger will get interest from the time we have held them
As far as I know they said yes, hopefully they will ever implement that feature to the Ledger Nano S. Waiting for that too.
member
Activity: 91
Merit: 10
Does anyone know if the Interest bug for Ledger Wallet has been fixed yet?

No not yet, they are still trying to recruit a dev with the necessary skills.

thanks.. and would you know if those holding KMD in Ledger will get interest from the time we have held them

As I understand you are getting interest, even if you are holding your KMD on an exchange, just make a transaction after x time and the interest will be added to your wallet.
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