The Velocity Yield is calculated from the total transaction fees, for any given month, that are accumulated from all system participants.
The specific transaction fees that are included to build up that total are:
- All KAU and KAG Kinesis card transactions (0.22%),
- All buying and selling of KAU and KAG pairs at the Kinesis Exchange (0.22%), including newly minted Kinesis coins,
- All buying and selling of KAU and KAG with BUY or SELL widget on the Kinesis dashboard (0.22%).
All these fees sum up to create the Master fee pool, 10%* of this total is then paid to the Kinesis users as the Velocity Yield.
*5% between the 4th of April 2019 and the 31st of October 2021 and 10% afterwards.
Please find a more detailed breakdown here.