User can earn dividend daily if have MIC Token in snapshot time.
- If you hold MIC token, you can be allocated 50% of daily exchange revenue everyday
- In order to receive revenue dividend, MIC Token must be kept at snapshot point that is executed at fixed time every day.
- If you move your balance of your MIC token to Dice wallet, you will be not receive daily dividend due to the snapshot is made only in DB of exchange wallet.
The revenue allocation will be paid according to exchange situations of BTC, ETH, etc. according to the following rules.
Revenue allocation formula
= (q’ty held/total q’ty of exchange) * The day exchange fee profit
Ex) If total of issued tokens on exchange is 300 millions and trading volume is 5,000 BTC,
If the one holds 120,000 MICs, revenue allocated is as follows.
(Transaction fee 0.12%)