and surely, cai-x coins couldn't have staked the amount of coins that were exchanged already and in circulation???
could someone enlighten me?? .. preferably not a newbie
thanks people
Trading on CAIx/BTC started after 600k of CAIx has been exchanged. Mintpal exchanged CAI to CAIx automatically for their clients when the wallet for CAI was removed and the CAIx wallet was put up. You can read back on this thread on how that was done. All CAIx trading started with the exchanged CAIx and not the CAIx set by the devs for trade 1 on 1.
As for staking part, we did stake the 32k Dev share in different nodes to get the chain moving, however the staked amount is really small and you can check block explorer to see how much that generated. Coinswap was asked to stake a part of the coins on their wallet the second day, because the dev share went out of stake and the chain slowed down. That amount also is very small and coinswap will keep those in addition to the fee we are paying in BTC to cover the cost of exchanging CAI to CAIx
I hope that answers your question.