From e04c443727dc3f037373c8125ed90b554dde9d39 Mon Sep 17 00:00:00 2001 From: WillRuddick Date: Thu, 23 Apr 2020 12:03:04 +0300 Subject: [PATCH] Update platform_incentives.md --- spec/platform_incentives.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/spec/platform_incentives.md b/spec/platform_incentives.md index 1bdb714..7b5cb14 100644 --- a/spec/platform_incentives.md +++ b/spec/platform_incentives.md @@ -34,7 +34,7 @@ Where R = the amount of xDAI in reserve, S= the total supply of Sarafu, and TRR 1. Anyone with a webApp or MetaMask can add xDAI and mint more Sarafu (+) increase the value of all Sarafu 1. 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 through buy backs to pull out excess reserve and convert that xDAI to Kenyan shillings to continue with Savigns Group buy backs. +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