Sustainability
Last updated
Last updated
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.