KiX
  • GETTING STARTED
    • 👁️KiX Vision - An Introduction
    • 📣Onboarding Simplified: Wallet or No-Wallet
      • Onboarding using a Social Login
      • Onboarding using a Wallet
    • 🌠KiX Token Ecosystem
      • Buying $KIX platform token
        • Step by step buying KIX with USDT
      • Built on Ethereum & Polygon
  • THE BASICS
    • 🪙KiX Platform Token
      • On-Demand $KiX Issuance Mechanism
      • $KIX Liquidity Program
    • ⚽DAT Footballer NFTs
      • Trading DAT
        • DAT Sales Ticket
        • DAT Liquidity
        • DAT NFT Standard
        • DAT Bonding Curve
        • DAT Commissions
      • Portfolios
      • IPOing Footballers
    • 🪙Rewards
      • KiX Node Runner Program
      • KiX Rewards Contest
      • Game Groups
      • Sustainability
    • 📊Performance Scores
      • Performance Matrix
    • 💰KiX Economy
      • Economy Schematic
      • KiX Tokenomics
      • Locking $KIX
      • Fees & Commissions
  • FURTHER INFORMATION
    • Why KiX is a DAO
      • DAO Voting & Governance
    • KiX Team
    • KiX vs The Competition
      • We're a DAO
      • Trading Tokens vs Collecting NFTs
      • The Importance of Liquidity
      • Complete Ecosystem
      • KiX vs Alt Coins
    • KiX Revenue
    • Roadmap
    • FAQ
    • Glossary
    • Account Abstraction
    • KiX Constitution
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  1. THE BASICS
  2. Rewards

Sustainability

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Last updated 3 months ago

At the heart of our values is sustainability, a principle that extends to our Rewards approach. This reassures you, as a trader, that the rewards you earn are not at the expense of others or the platform's stability.

We are not taking money from new users to cash out old users, nor are we taking funding from new users' purchases of DAT NFTs to contribute towards our Rewards Pool.

Reward pools are comprised of three sustainable elements:

01: DAT NFT Commissions:

Commissions are the price of optimizing portfolios for Rewards in an ever-changing football landscape. 90% of these trading commissions are returned to traders as Rewards. For completeness, please note that $KIX trading commissions do not contribute to the Rewards pool.

02: External Allocation

Substantial funds, $USDT and possibly other tokens, will be sitting in the treasury liquidity pool. We envisage safely allocating at most 15% of these funds to earn an external yield. This will be a very conservative strategy that doesn't take currency risk, and the security of these funds is paramount. The DAO will agree to the nature of these allocations and can either reduce or increase the level of risk and, consequently, the rewards attained from their allocation.

03: $KIX Platform Token Emissions

Lastly, we have the option of supplementing the Rewards Pool by adding extra $KiX supplied by the treasury via the 'Rewards' allocation as per the project tokenomics. We do this reluctantly as it is inflationary, as these $KIX 'emissions' have yet to be 'earned' and ultimately have to be repurchased. Therefore, it will be used sparingly but is available to us.

* PLEASE NOTE: Under regulation KiX is not offered or promoted to UK users or residents. *

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Sustainability Model