where are all the OPEN.STEEM fees going?

[pc]

OPEN.STEEM is not a smartcoin, it's a UIA created by OpenLedger. Trading fees on UIAs go to the issuer, i. e. to OpenLedger (who use part of the proceeds to buy back OBITS I believe).

[xeroc]

It is the account "committee-account"
http://cryptofresh.com/u/committee-account

[kingslanding]

I believe smartcoin fees go towards witnesses, UIA fee fate is up to UIA issuer.

smartcoin fees go towards the committee-account and are thus held by all shareholders ..

Is this fee balance of the committee-account shown somewhere?  I looked on the cryptofresh budget stats and the accumulated fees seems always stuck at 17,391 BTS.   I would think the accumulated fees should be way higher.

[xeroc]

I believe smartcoin fees go towards witnesses, UIA fee fate is up to UIA issuer.

smartcoin fees go towards the committee-account and are thus held by all shareholders ..

[cryptillionaire]

So just to be clear, every transaction whether a UIA or Smartcoin has a network fee going to the bitshares network?  On cryptofresh I see smartcoins such as CNY have 0% market fee.

I believe smartcoin fees go towards witnesses, UIA fee fate is up to UIA issuer.

[kingslanding]

So just to be clear, every transaction whether a UIA or Smartcoin has a network fee going to the bitshares network?  On cryptofresh I see smartcoins such as CNY have 0% market fee.

[Shentist]

What's the breakdown of the fees dispersion for something like OPEN.STEEM?  Are the fees going partly to OpenLedger, delegates, and the rest burned?  I can't find any documentation on the percentage breakdowns.

OPEN.STEEM is a UIA= user issued asset so the fees are going to 100% to openledger. on every transaction you pay also the network fee, so this goes to the bitshares network.

[kingslanding]

What's the breakdown of the fees dispersion for something like OPEN.STEEM?  Are the fees going partly to OpenLedger, delegates, and the rest burned?  I can't find any documentation on the percentage breakdowns.