Table Of Contents

Master Fee Pool And Yields

Every transaction conducted within the Kinesis network incurs a fee calculated as a percentage of the transaction amount – either 0.22% or 0.45%. All fees are collected into the Master Fee Pool and subsequently distributed to Kinesis users. The Kinesis Yield System has been designed to reward both active engagement and passive involvement in Kinesis’ Monetary System.

Breakdown of Kinesis Fee-Sharing Yields

The transaction fees collected are allocated across multiple yield programs, such as:

• Minters’ Yield: Users – be it individuals or businesses – who create (mint) Kinesis currencies (KAU and KAG) earn ongoing rewards proportional to the amount of Kinesis currencies they have created and activated into Kinesis’ Monetary System.
• Holders’ Yield: Users who hold Kinesis currencies in their Kinesis account receive a monthly yield, simply for keeping their bullion holdings within the system.
• Referrers’ Yield: Users who refer new participants to Kinesis earn a share of the transaction fees generated by their referrals’ activity.
• Velocity Yield: Users who trade or spend Kinesis currencies earn a portion of the fees from their transactions.
• KVT’ Yield: Holders of Kinesis Velocity Tokens (KVT) receive a share of the total transaction fees collected across the entire Kinesis ecosystem.
• Partners’ Yield: Partners who bring their networks into the Kinesis platform benefit from a higher share of the fees generated by their referred users.

The Master Fee Pool: Central to Yield Distribution

The Master Fee Pool is the core mechanism for collecting and distributing transaction fees within the Kinesis Monetary System.

Sources of Revenue in the Master Fee Pool

1. On-Chain Transactions:
   • Fees generated from the execution of transactions directly on the Kinesis blockchain.
2. Kinesis Exchange Trades:
   • Fees collected from trading activity on the Kinesis Exchange.

Purpose of the Master Fee Pool

• The Master Fee Pool acts as a centralised repository for all transaction fees across the system.
• It serves as the source of yield distributions for participants, ensuring that all eligible users receive their proportional rewards based on the activity and mechanisms they are part of.

A Unified Revenue Model

By consolidating fees into a single pool, the Master Fee Pool ensures a fair and transparent distribution of revenue, aligning participant incentives with the overall success of the Kinesis Monetary System.

Overcoming Gresham’s Law

The Kinesis fee-sharing yield system represents a solution to Gresham’s Law – a principle in monetary economics that traditionally discouraged the circulation of precious metals like gold and silver as currencies. By providing financial incentives for both using Kinesis currencies, this system enables gold and silver to function effectively as mainstream, transactional currencies.