DLUX DAO 24 hours later

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