How AARP works
Artis Turba launched it's own cryptocurrency named ARTIS on the Ethereum blockchain. There is 350,000,000 ARTIS in total created and no more will ever be created. The details of ARTIS can be viewed on the Ethereum Blockchain here. ARTIS like Bitcoin and Ethereum can be traded on cryptocurrency exchanges and provides a specific utility. We call this utility the "Artis Affiliate Reward Program" (AARP) which entitles ARTIS holders to a pro-rata share of 50% of the trading fee revenue generated on Artis Turba.
To enable AARP, all you need to do is own and HODL (hold on for dear life) your ARTIS in your Artis Turba account. The earnings are automatically credited to your account daily based on the last 24-Hour's trading volume. Up to date data can be viewed on the AARP page. ARTIS on sell orders do not qualify for AARP earnings since the payout references the available balance.
Example of AARP Payout Calculation:
Step 1: Total Revenue Share
IF trading volume was $10,000,000 for the past 24 hours
AND 0.25% of that was collected in fees ($10,000,000 x 0.25% = $25,000 revenue collected)
THEN 50% shared with ARTIS Hodlers = $12,500 (paid out evenly to all ARTIS Hodlers)
Step 2: Revenue Split between ARTIS HODLERS
IF AARP Payout equals $12,500
AND there is 350,000,000 ARTIS
THEN 1 ARTIS will receive $12,500 divided by 350,000,000 ARTIS = $0.00003571
Step 3: Payout for the User
IF user has 10,000 ARTIS
AND AARP Payout is $0.00003571 per 1 ARTIS
THEN 10,000 ARTIS will receive $0.00003571 x 10,000 = $0.357 for the day.