The Kin Rewards Engine

in #kin9 years ago

The Kin Rewards Engine

The Kin Foundation will oversee the reserve of uncirculated Kin with the mandate of promoting adoption
and growth of the Kin Ecosystem.

Sixty percent of the total supply of Kin will be secured in a smart contract, allocated to the Kin Rewards Engine, and introduced into circulation as periodic rewards.

The rewards will be distributed among ecosystem partners and the Kin Foundation.
Every year, 20 percent of the remaining rewards allocation will be issued as periodic incentive payments,
diminishing over time as the currency gains overall value. For partners, the rewards will constitute
strong economic incentives for integration with the Kin cryptocurrency.

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