5% Yearly reward for holding Gold and Silver ?

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memesslast month2 min read

Hello guys,

I know there are quite a lot of crypto investor, gold investor, gold collector and same for silver. Which made me think i'm might share my latest find and ask what you guys think about it.

My latest find is

Which i came accros by looking for a way to invest into tokenized silver and gold and kinesis allow to do it.
Honestly i didn't really care who would sell me there tokenized gold as in the end it's quite the same (except tether that dont really back there assets anymore). Then i saw this page :

Hold and earn ?
Spend or trade and earn ?
Mint and earn ?
Hold KVT and earn ?

To sum it up and so you dont have to spend as much time as me studying all the pages on the website.
Each month all fees collected from transactions (0.45% on each send, 0.22% on each trade) is put aside into what they call "master fee pool" the master fee pool is then splited among smaller pools like the holder pool, minter pool, kvt pool, etc.

Turquoise is minter pool, Yellow is holder pool, Red is refer pool, Light-blue is KVT pool. Other basically are the platform share.

What made me smile is the announced rewards for holding gold and silver (surprisingly gold is much higher than silver).

0.09% yearly rewards for silver...

Thus i think

can be a good way to accumulate and trade gold and silver for people that trade or accumulate gold and silver but not for those who want to keep some gold in the event of a world wide crisis.

I would be happy to hear from you about it, maybe there is an hidden hick that i didn't see or something else.
Because i bought 50$ worth of gold and got my first "dividends ?" and was hesitating if buying more gold/silver/kvt or if not.

Fun fact i discovered while writing, kinesis did hold a writing contest on steem in 2018.

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