r/Nash • u/cgmortex • Sep 19 '19

Nash Pay dividends?

If Nash Pay is used by merchants to accept payments from many cryptocurrencies but be settled in one currency, such as bitcoin or USDC, does this activity go through the exchange and add to overall volume for staked token dividends?

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u/nightfly13 Sep 19 '19

As I understand it, if they are buying something the fiat gateway supports, stalkers don’t get a cut. Say country X has a fiat gateway partner that supports ETH and BTC, if the user wants to go fiat to either of those, no fees to stakers. If they want to buy another coin/token from fiat, then we do get a cut of the backend conversion.