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Kinesis Fee Structure
The topic of Kinesis fees is closely tied to Kinesis Yields, as the yields are paid out from the revenue generated by these fees. Kinesis fees are basically transaction fees, with currency transactions contributing the largest share to the Master Fee Pool. There are no ongoing fees, nor are there fees for account access or deposits.
Understanding Transaction Fees in the Kinesis Monetary System
The two primary purposes of Kinesis fees
- Facilitating Transactions: These fees cover the operational costs associated with processing and validating the movement of currency within the network.
- Generating Revenue: A portion of the fees collected is redistributed to users as part of Kinesis’ yield system, rewarding participants for using sound money.
The four key elements of Kinesis fees
- Currency Transfers: 0.45%
Fees are applied when transferring Kinesis currencies, such as KAU (Kinesis gold) or KAG (Kinesis silver), between accounts within the network. - Trades on the Kinesis Exchange: 0.22%
A standard fee is charged for buying and selling Kinesis assets, ensuring seamless and secure trading while contributing to the platform’s overall revenue. - Spending Transactions: 0.22%
When Kinesis-linked cards or other spending methods are used, fees are incurred to facilitate the processing of transactions, both online and in-store. - Blockchain Interactions: 0.45%
Activities such as minting new Kinesis currencies or conducting on-chain wallet transfers include execution fees to maintain blockchain security and functionality.
A full breakdown of the KMS Fee Framework can be found on this site: