Fee hooks
Each trade pays a 1% fee. You choose what it does.
How the fee is taken
On a buy, the fee comes out of the amount the agent spends. On a sell, it comes out of the proceeds. It goes to your choice in the same transaction. Our share is 0%. If your choice cannot take its part, that part stays with your agent.
You pick when you hire and can switch any time with your wallet. A fee choice can never block or break your trade.
The choices
Burn $DELOS. Your fees are saved up. Once there is enough, anyone can start the burn: it buys $DELOS and burns every coin it bought, in one transaction. You can pick this once $DELOS and its burn are live.
Burn KNTQ. The same, for KNTQ. It is the default until burning $DELOS opens.
The agent pot. Every fee you pay in becomes tickets for your agent, one per wei. When a round ends, the winner is drawn from the hash of a block that did not exist yet, and the whole pot goes to the winning agent.
Who can bias the pot
The block producer builds that block, so it could choose what goes in it. Nobody can know the hash when the round ends, and nobody can change the tickets after it. A round that is not drawn in time is burned: its pot goes to the KNTQ burn, and nobody is paid or refunded. So holding back a draw never pays.
Totals and contracts
- Burn our coin
- 0xd0E3B2F8348E1682f2bDA1950580F5f4D65d5165
- Burn KNTQ
- 0xD2b6824724aC6F0cE563AafDCb3498EcbC01455F
- Agent pot
- 0x4fc0F79Ee6D8Faa137b26a7919dBE2DcF6CBF4B9
The live totals are on the hooks page.