I Minted before the launch of the Yield Engine. Are my yields retroactive?
Yes, all Kinesis Yields, including the Minter’s Yield, are retroactive. You will have been credited with all qualifying yields accrued from the beginning of your activity, between the 2nd April 2019 and the 30th of June 2021.
Do I need to Mint every month to receive my Minter’s Yield?
No. Your Minter’s yield is perpetual and you will be receiving a proportional stake of the Minter’s Yield fee pool every month.
If I complete an EPD process, will that count towards the Minter’s yield?
Yes, Exchanging Physical for Digital (EPD), followed by either sending your digitalised bullion to another verified user’s account or selling/ trading it on the Kinesis Exchange, counts towards your Minter’s yield, as described in our EPD article.
Will I receive the Minter’s yield if I purchase another asset (other than USD) with my minted gold or silver?
Yes. you will receive the Minter’s Yield as long as the KAU and KAG you are selling have been minted, and not bought on the Kinesis Exchange.
Where will my Minted currency be paid out?
Your earned yield will always be paid into your Kinesis Money KAU and KAG Account, although Kinesis calculates and checks your holdings and minted coins on all linked addresses. You can keep track of your yield via the yield dashboard in the Kinesis Money 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) and 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.
How to use Yield Tab on Kinesis Money Platform?
You can find out how to use Yield Tab on the Kinesis Money platform in this walkthrough video. This is where you can track your monthly yields.
The main section of the Yields tab will display ‘Total yields received to date’, individually and accumulatively, as well as a more detailed graphic breakdown of the Minter’s yield. As the remaining yield payments go live, the respective graphic displays will be brought online for each yield.
This yield dashboard feature, currently available on the Kinesis Money platform, is only the first iteration, with more exciting and extensive features set to be added in coming updates throughout the year.