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April 08, 2018, 03:15:16 PM |
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The Kryll.io has a strategy in live trading. Just like each smart-contract execution costs on the Ethereum blockchain depends on the complexity of the code, each live trading strategies execution on the Kryll.io will cost some energy (KRL fractions) depending on the complexity of the task performed. Strategy creation, backtests and sandbox testing will be free for all users. Apart from fractions of KRL spent in the platform to fuel live trading strategies, no further expense will be charged by the platform: no subscription plan, no hidden fees, no commissions on trade, no strategy rent fees
Since the token value (as compared to USD) will vary over time, an autonomous decentralised smart-contract will re-assess every 48 hours the energy needed to run the blocks in order to keep it at a fair level for everyone, whatever the value of the token takes over time. When using a strategy provided by a creator, energy will be sent to the platform to fuel it, as well as an excess of Krylls set by the creator as a reward for the work, Kryll.io will never take a fee on strategy sharing or renting.
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