The Kinesis yield system is specifically designed to attract institutional and retail capital while incentivizing the use and velocity of the currency suite. The financial reward or yield is based on the user’s participation and the overall velocity (rate at which money changes hands) of the Kinesis Currencies. This yield system is derived purely on the basis of economic output rather than debt based fiat currency with fractional banking.
Kinesis Actors and Yields:
1. Kinesis Minters:
Kinesis Minters receive a yield by buying Kinesis currency on the Kinesis Currency Exchange (KCX) and then using it (sending, spending, selling) on the secondary blockchain, the Kinesis Blockchain Network. Minters receive a proportional share of the transaction fees as a yield forever on the Kinesis coins they create through purchase on KCX.
2. Kinesis Depositors:
Depositors receive active rewards when they make an initial deposit and purchase Kinesis from their Kinesis Wallet in the Kinesis Financial Network. Depositors receive a share of the transaction fees as a yield forever on the Kinesis coins they bought and then used throughout the KBN.
3. Kinesis Holders:
Kinesis Holders (Or Hodlers in Crypto-Lingo) receive rewards by simply holding Kinesis Currency in their Kinesis Wallet. The yield is depends on the velocity (change in hands) of Kinesis Currency and from a consolidated share of the transaction fees across the Kinesis Blockchain Network (KBN). The yield is calculated on a daily basis and credited to their Kinesis Wallet accounts every month.
4. Kinesis Affiliates:
This is the yield Kinesis Affiliates will receive for referring people to the Kinesis Ecosystem.The Affiliates or Recruiters will receive a perpetual revenue share on all transaction fees on the participants they recruit.
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4. What is the Kinesis Velocity Token (KVT)? [For Kinesis Subreddit] [Educational]
The Kinesis Velocity Token (KVT) is an ERC20 utility token that runs on the Ethereum network where the holders receive a portion of the transaction fees from the Kinesis Monetary System Components.
So the KVT holders will receive a proportional 20% share of all transaction fees associated with all Kinesis currencies and 20% of all commissions from the Kinesis Commercial Centre.
Want to know more on the advantages of the Kinesis Velocity Token?
Talk to us on Telegram:
https://t.me/kinesismoneyRead the Kinesis Whitepaper:
http://kinesis.money/documents/whitepaper.pdfJoin the Kinesis ETH Airdrop:
https://airdropx.com/en/kinesis/