Token Utility
Token Utility
Token Utility
Service And Plan Payments
Service And Plan Payments | ||
| Personal / Freelancer | $10 | Stake |
| Business | $5 | Per User Per Month |
Users who want to benefit from the features and services offered by Kadesh have to pay the related service plan payments in KDS over the specified amount. Example: In the table above, a user who wants to benefit of the Personal/Freelancer plan must stake the equivalent of $10 KDS tokens for 30 Days. Companies and organizations, on the other hand, must pay KDS equivalent to $5 per user as specified in the Business plan.
Commission Payments
Commission Payments | ||
| Escrow | ||
| $50 - $5.000 | 5% | |
| $5.000 - $25.000 | $200 + 2% of amount over $5.000 | |
| Collateral | ||
| 5% - 10% | Joint transaction commission (30 Days) | |
| +2% interest | In case the open trade is not closed at maturity | |
| Contract | 5% | |
The only valid payment method for all services offered by Kadesh is KDS. All commission rates specified in the table above and fixed commissions in USD can only be paid in KDS. Contracts made as FIAT or a different Crypto Currency and all commissions incurred in payment and transfer transactions related to these contracts are collected in the wallets of Kadesh Chain, the remaining amount after deducting operational expenses from the collected amount is used for KDS buy back. %50 percent of purchased KDSs is transferred to the company account as net income and the remaining 50% is burned at the end of the year. | ||