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DIVIDEND.md

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DIVIDEND command

This command pays a dividend to token holders of a token.

PARAMS

Name Type Description
VERSION String Broadcast Format Version
TICK String 1 to 250 characters in length
DIVIDEND_TICK String The token that dividends are paid in
AMOUNT String Amount of token to pay out per UNIT
MEMO String An optional memo to include

Formats

Version 0

  • VERSION|TICK|DIVIDEND_TICK|AMOUNT|MEMO

Examples

bt:DIVIDEND|0|BRRR|BACON|1
This example pays a dividend of 1 BACON token to every holder of 1 BRRR token

bt:DIVIDEND|0|TEST|BACON|1
This example pays a dividend of 1 BACON token to every holder of 1 TEST token

Rules

  • Dividends may be used on any TICK
  • If TICK or DIVIDEND_TICK is non-divisible, AMOUNT must be integer

Notes

  • UNIT - A specific unit of measure (1 or 1.0)
  • To send large amounts of tokens to users, see the AIRDROP or SEND commands
  • If TICK is divisible and DIVIDEND_TICK is non-divisble, quantities under 1.0 will receive no DIVIDEND_TICK
  • SOURCE address is excluded from receiving dividends