What is the Minter's Yield?
The Minter’s Yield rewards Kinesis users for minting and using new Kinesis currencies, KAU and KAG. As the minted currency travels through the Kinesis system, minters are paid a monthly yield in gold and silver.
Do I need to mint every month to receive yield?
No. Your Minter’s Yield is for life, and you will receive a proportional share of the Minter’s Yield fee pool every month.
Can I buy any assets with minted metal and earn yields?
Yes, Minter's Yield is paid whenever you sell KAU or KAG that you minted yourself, regardless of what you're buying with it. The only condition is that the metal must have been minted, not purchased on the Kinesis Exchange.
Where will my minted currency be paid out?
Your earned yield will always be paid into your Kinesis KAU and KAG accounts, although Kinesis calculates and checks your holdings and minted coins on all linked addresses. You can keep track of your yields via the Yields dashboard on the Kinesis platform.
In which currency will I get paid and how often?
You will receive a yield in gold on all minted and transacted (sent or spent) qualifying Kinesis gold (KAU).
You will also receive a yield in silver on all minted and transacted (sent or spent) qualifying Kinesis silver (KAG).
Yields are paid monthly, in week 1 of each following month, for all yields accrued in the previous month.
Does EPD count towards the yields?
Yes, Exchanging Physical for Digital (EPD), followed by either sending your minted gold (KAU) & silver (KAG) to another verified user’s account or selling/ trading it on the Kinesis Exchange, counts towards your Minter’s Yield.
How to use the Yield tab on the platform?
You can find out how to use the Yield tab on the Kinesis platform in this walkthrough video. This is where you can track your monthly yields.
The main section of the Yield tab displays ‘Total yields received to date’, individually and cumulatively, as well as a more detailed graphic breakdown of the Minter’s Yield.