STROMDAO itself does not sell CORI. There are three options to become a shareholder.
Profit from assets is shared with token holders. While STROMDAO services need to have certain centralized elements for its energy market services, we strive towards decentralization and the minimization of trust related issues.
All asset income for the CORI token is publicly reported and visible on its payout smart contract. To verify the integrity of data, users will be able to check entitled dividends on this website.
Based on these monthly results, STROMDAO loads the ETH (Ethereum) amount of dividend payouts onto a smart contract. The smart contract will contain a table of dividend distributions. Think of it as a snapshot taken when dividends have been declared. Token holders will then proceed to query the smart contract dividend distribution function to move dividends from the wallet in which the tokens were stored at the time the “snapshot” was taken. The smart contract will proceed to pay out dividends to the wallet that made the request after validating all provided information. If the “snapshots” do not match the dividend payout amounts at 100% validity, the smart contract will refuse the payout request. This means that either all dividends will be paid out fairly and accurately or no dividends will be released at all.
The team of STROMDAO monitors real-time dividend payouts as micro transactions. However, the Ethereum network’s capabilities do not currently extend to high-volume transactions of such small size. For optimization tariff customers receive payouts from within a single, aggregated transaction.