Author Topic: New Bitshares Dividend Idea  (Read 11507 times)

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Offline Chris4210

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Dear BitShares community,

in today´s mumble (Episode #3) we came up with a new Dividend idea that should be discussed in the forum. This is just a rough idea, without any math, done yet.

Quote
[15:46] (Channel) ihashfury: BitShares are Shares - LTMs that hold BTS or Short BitAssets should get dividends

Today fee structure on BitShares:
80% for referral program
20% for BitShares reserve pool (pays witnesses and workers)


New fee structure on BitShares:
70% for referral program
10% for dividends
20% for BitShares reserve pool (pays witnesses and workers)


The idea is to collect 10% of the fees, pool them, and pay them out to all Lifetime members (LTM) that hold Bitshares. The dividends would be paid out according to the stake, and incentive users to buy Lifetime memberships.


Additional idea:
  • Pay the Dividends in BitAssets, like BitUSD
  • Big exchanges like Poloniex are excluded from the dividends
  • LTM Accounts that hold BTS and short BitAssets get dividend
  • Dividend fee is a variable fee, controlled by BitShares Committee


Critical feedback:
  • Affiliat payout will be reduced by 10%
  • How will exchanges react on this idea
  • How many fees are collected per day?
    Quote
    [15:54] (Channel) EstefanTT_bis: Seems that we had this week 25k BTS fee accumulated
    = 2,500 BTS Dividend paid out in total


What do you think about this idea?
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