Auxilium AUX: Monthly Distribution
An incentive of mining and staking is that they pay rewards. Proof of Authority doesn’t pay rewards, so we’ve built the Auxilium Interest Distribution (AID) platform through which we pay all our coinholders 8% interest per annum just for holding coins. From that 8%, coinholders give back: 0.64% goes to our charity fund for philanthropic projects and 0.64% goes to Auxilium research and development.
There’s no need to leave your computer on either. Simply holding coins in your personal wallet* address is enough to earn the reward.
Interest distribution (AID) comes from a premine account of 80 Million AUX coins and these have been included in the total supply cap of 300 Million coins.Interest distribution occurs on the 1st of each month and the calculation is based on the holdings you retain in your personal wallet* across the month.
Our goal is to continue distributing interest indefinitely, through recycling profits.
* Personal wallet addresses do not include wallet addresses on an exchange