XChain Platform Action - DIVIDEND

This action pays a dividend to holders of TICK.

PARAMS

Name Type Description
VERSION String Format Version
TICK String Ticker name or Ticker ID
DIVIDEND_TICK String The TICK that dividends are paid in
AMOUNT String Amount of TICK to pay out per UNIT
MEMO String An optional memo to include

Formats

Version 0

  • VERSION|TICK|DIVIDEND_TICK|AMOUNT|MEMO

Examples

DIVIDEND|0|BRRR|BACON|1
This example pays a dividend of 1 BACON token to every holder of 1 BRRR token
DIVIDEND|0|TEST|BACON|0.5
This example pays a dividend of 0.5 BACON token to every holder of 1 TEST token

Rules

Notes

  • DIVIDEND requires an XCHAIN fee based on number of database hits
  • UNIT - A specific unit of measure (1 or 1.0)
  • To send TICK to a large number of users, see the AIRDROP or SEND commands
  • If TICK is divisible and DIVIDEND_TICK is non-divisble, quantities whose calculated share rounds to 0 will receive no DIVIDEND_TICK. Such holders are excluded from the recipient list entirely, so they do not count toward the per-recipient fee charged to SOURCE
  • SOURCE address is excluded from receiving dividends
  • Any ADDRESS may pay out a DIVIDEND on any TICK
  • Use ^ (caret) as prefix when passing TICK_ID for TICK field (^1234 = TICK_ID 1234)

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Based on XChain Platform by Dankest, LLC – https://dankest.llc

Licensed under the GNU Affero General Public License v3.0 (AGPL-3.0-or-later) with a commercial license available for proprietary use.

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