Transfer Fee & Stakoor Contracts
Where does the 10% transfer fee go?
Each transfer of $bCASH, much like the flight of a butterfly, does not go directly to its intended destination. Instead, the transfer is first handled by an intermediary (staker).
Intermediaries take 10% of the transfer and send the rest to the intended recipient.
The initial staking system was deemed unsustainable by the community, as all of the rewards flowed to the top 10-20 holders. To resolve this issue, all staking slots in the contract were replaced with BCashStakoor contracts.
These BCashStakoor contracts are a key part of a new Multi-Contract Rewards Architecture that will allow $bCASH transfer fees to be used for a variety of rewards programs in a very flexible manner.