Nexus Funding: Difference between revisions
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Nexus wiki (talk | contribs) Created page with "Nexus is self funded by two on-chain treasuries known as the Developer and Ambassador Keys. == Developer Keys == The Developer keys fuels the developer DAO to fund the ongoing development and is sourced by a 1.5% commission per block mined, which will slowly increase to 2.5% after 10 years. This brings all the benefits of development funding without the associated risks and limits the control which can exerted by the developer account. == Ambassador Keys == The Ambas..." |
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Latest revision as of 05:28, 4 October 2024
Nexus is self funded by two on-chain treasuries known as the Developer and Ambassador Keys.
Developer Keys
The Developer keys fuels the developer DAO to fund the ongoing development and is sourced by a 1.5% commission per block mined, which will slowly increase to 2.5% after 10 years. This brings all the benefits of development funding without the associated risks and limits the control which can exerted by the developer account.
Ambassador Keys
The Ambassador (renamed from Exchange) keys are funded by a 20% commission per mined block reward. These keys are used to pay for the Ambassador DAO.