Hi everyone,

It's time to look at last week's fee split, with some very good evolution across the board for for COSS holders.

But first, if you're new to COSS, check out these ressources :

• a very complete article that explains everything about the sharing of the trading fees between the COSS token holders and the COSS team.
• a good guide on How to buy COSS ? on getcrypto.info

Global trend

Price of COSS across market went up everyday of the past week from around 11 cents on Monday to 20 cents on Sunday. The weekly average went up 45% compared to the previous week.

Daily volume was up each day of the past week and the weekly average is up 35% compared to the previous week.

After the DATUM promo started we started to see bigger volume on the platform, sometimes reaching 2 millions USD a day.

Overall these numbers are very encouraging but it's only the beginning of a long rise. Once the new UI is out and the new engine is stable, the COSS team will start marketing aggressively and we will see big numbers consistently. The exchange is still in beta and the project is still in the early adoption stage.

Fee split up +115%

Last week we saw that the time used to calculate the fee split can have a significant impact since the market is changing so rapidly. After computing the price of the fee split at the time of the snapshot on Sunday and at the time of distribution on Tuesday, it looked like the estimate by the COSS team was done closer to Tuesday.

So for this week I recalculated all fee splits on Tuesdays ( I'll do a chart showing both the Tuesday and the Sunday values soon).

The amount earned this week is now at 0.000135 USD per COSS in your wallet up from 0.000061 USD per COSS for last week. So that's about double what you got last week

Value on the COSS dashboard is 0.000102 USD per COSS which is not as high as the value I got. Considering that COSS went from 21 cents to 30 cents between Monday and Tuesday it's not hard to see that estimations done a couple hours apart can lead to very different results.

Last week I used the value from the dashboard to look at the total value earned so I'll do the same this week. Here's the weekly payout depending on the number of coins owned at snapshot using the value of 0.000102 USD per COSS :

Coss held :	Fee split in USD
1 000	0.125
2 000	0.250
5 000	0.624
10 000	1.249
20 000	2.498
50 000	6.244
100 000	12.489
200 000	24.977
500 000	62.444
1 000 000	124.887

Structure of the fee split

First let's look at the top 10 coins in the fee split :

Coin	Number of coins	Unit price (USD)	Amount earned per 100k COSS (USD)
COSS	15.5421	0.29995	4.66185
ETH	0.00530565	847.92	4.49877
DAT	10.5206	0.2242	2.35873
BTC	3.17387e-05	18779.6	0.59604
HGT	10.9674	0.03188	0.34964
LTC	0.000387657	360.095	0.13959
SUB	0.200938	0.6335	0.12729
ZEN	0.00216524	40.335	0.08733
EOS	0.00784819	10.815	0.08487
XEM	0.0683869	0.9698	0.06632
Others coins	--	--	0.45671

DATUM is the obvious newcomer here and trading of DAT has been top 3 on the exchange since the beginning of the trading contest.

This trading contest is the first one organised on COSS and its success is very good news for the future of the platform.

To estimate the price on the Tuesday following the snapshot I computed a new timestamp by adding 48 hours to the timestamp of the block where the snapshot occured. You can see that at this time the prices for COSS, ETH and BTC were all very close to their all time highs. This is very like the explanation to the discrepancy with the dashboard value noted earlier.

Here's a chart showing the share of every coin that contributed more than 1% to the total amount received :

Here's the share of earnings that is available in ETH or convertible to ETH for free versus the coins that have to be distributed one by one.

Next article on the blog will be about when does it become worth it to convert your ETH, subscribe and stay tuned !

More on @cossjourney

• To see what the fee split looked like last week have a look at #3 : Fee split for Sunday, December 10, 2017
• If you're wondering why you got less COSS token this week read #4 : Are we getting more COSS ?
• For a global view of what's in the fee split read #2 : A look at fee split distribution for the past 6 weeks

More about COSS

Check out the following links for more info on COSS :

• Official page coss.io (checkout the FAQ)
• How to buy COSS ? on getcrypto.info
• Everything about the dividends on this understanding the fee split article on Medium by Jacob Berg Stisen
• Coinmarketcap page for COSS coin
• Coinmarketcap page for COSS exchange
• Slack Channel
• Telegram channels for discussions (https://t.me/myCOSS and announcements (https://t.me/COSSchat )
• Subreddit /r/CossIO/
• For french speakers, Coss topic on JVC forum