Update platform_incentives.md

This commit is contained in:
WillRuddick 2020-04-23 21:06:01 +03:00 committed by GitHub
parent 7f828766ef
commit 82510bfe19
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 1 additions and 1 deletions

View File

@ -35,7 +35,7 @@ Where R = the amount of xDAI in reserve, S= the total supply of Sarafu, and TRR
*. Anyone with a webApp or MetaMask can add send Sarafu to the converter contract to destry it and withdraw reserve (-) decreasing the value of all Sarafu
1. As the reserve of Sarafu is depleted and the exchange price drops Grassroots Economics as well as other donors will add more reserve and mint more tokens to distribute.
1. Grassroots Economics will destroy Sarafu it collects to pull out excess reserve and convert that xDAI to Kenyan shillings to continue with Savings Group buy backs.
1. A 2% fee on conversion between reserve and supply in both directions is done on blockchain and added to the reserve.
1. A % fee on conversion between reserve and supply in both directions is done on blockchain and added to the reserve.
## Implementation