There are 6 types of yield offered within the Kinesis system:
- Minter's Yield
- Holder's Yield
- Referrer's Yield
- Velocity Yield
- KVT Yield
- Partner's Yield
These are all drawn from the master fee pool, which is an accumulation of all the fees in the Kinesis network.
How does it work?
When a transaction is made across the Kinesis network a fee is taken. This fee is divided up into various fee-sharing yields and distributed back to the system users, every month:
- Minters who create Kinesis currencies earn a yield on the KAU and KAG they create.
- Holders of Kinesis currencies earn a monthly yield for simply holding.
- Individuals who refer new users to Kinesis receive a return on their transactions.
- Individuals who trade or spend using a card, earn a yield on their transactions.
- KVT holders also receive a share of the overall transaction fees.
- Partners who onboard their networks to Kinesis, receive a higher portion of their referrals' fees.
Kinesis yields were developed to reward Kinesis users. Through Kinesis' fee-sharing yield system, users are rewarded in a way that helps overcome Gresham's law - a fundamental principle of money that has historically limited the use of gold and silver as mainstream currency.
All on-chain transactions carry execution fees, which are collected into what we call the Master Fee Pool. Trade execution fees from the Kinesis Exchange are also added to this pool.
These fees are then paid out proportionately, based on your applicable yields. You can learn more about yields in this video.