Another Day another Update
The DLUX token architecture is now nearly autonomous with the following features:
* Nodes in the runner group at consolidation determine the the marketing rate and the node rate.
* Marketing rate 0-20% -> Account that pays for promotional behavior on chain. Resteems for now.
* NodeRate is used to cut the reward pie and disburse over credited signers
* Delegators to @dlux-io will be paid at 10% the reward pool distributed over delegators by vests at consolidation time.
* This can be adjusted by @dlux-io from 5-20%
* Nodes can now provide active keys and sign additional transactions(escrow agents can accept fees)
* A 2 way Decentralized Exchange "DEX" has been established
* Tokens are held in contracts that can be bought or canceled
* This utilizes STEEMs escrow transactions
* Contracts hold the authorizations and consensus can be formed about when to issue transactions for nodes to sign
* Partial buys of DLUX contracts are possible. Partial buys of STEEM and SBD Contracts are not.
* Listens for delegations to credit in DLUX
* Clears the stack when nodes sign transactions
* @dlux-io can expire posts to prevent spamming resteem rewards for past content
* Non-Fungible Tokens can be created, Transferred, and Destroyed
Outstanding * Distribute ICO tokens daily * Distribute reward pool over dlux content * Scoring escrow services * IPFS pinning market * @dconnect relay integration (one stop dApp platform, always free with no infrastructure to provide) * Extend contract language for more interoperability * So much testing * So much documentation
tl;dr -> Already better than SMT lite?
https://github.com/dluxio/dlux_open_token https://discord.gg/Beeb38j