IrisToken continues to capture a portion of the #WQubic volume on the Ethereum network. We are currently at about 10% capture.
This is mainly because our fees are currently at 1%. When we reduce them to 0,25%, we should be able to capture an even larger share of the volume.
For those not familiar with this mechanism, it means that WQubic pools on Ethereum work indirectly for IrisToken. The higher the transaction volume on WQubic, the more fees we capture, generating additional revenue for the ecosystem.
To date, we have already collected more than 2 millions IRISTOKEN, which will be used to fund marketing and project development.
Oh I forgot, the correlation is now directly 100%, which means if Qubic drops by 10%, we drop by 10% unless there is a buyer on our side. So those who buy Qubic are indirectly investing in IrisToken. I hope you understand what is happening.
The process is ongoing...
