Most Kinesis are familiar with the way yields are mapped out. (If you’re not, the short summary is that there’s a 0.22% – 0.45% fee for purchases/transfers, and that fee goes into the master fee pool, and each month that is distributed to participants in the system.) Today that changed: it was announced in today’s … Read More “Kinesis Introduces Velocity Yield” »
Month: October 2021
Kinesis KAU is backed 1:1 with gold, and offers a yield that so far is about 3% annually.
Today Kinesis sent out the first holder’s yield payments. For the first time in history physical gold and silver produce a yield. Let’s define what we’re talking about What is Kinesis? Kinesis is an asset backed digital currency. Kinesis has two components: Vaulted precious metals storage. Allocated, audited, insured, deliverable, and stored in 8 countries … Read More “I’m getting paid to store my gold and silver with Kinesis” »