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 user's available balance.

 

Example of AARP Pay-Out 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 Pay-Out 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: Pay-Out for the User

IF user has 10,000 ARTIS

AND AARP Pay-Out is $0.00131 per 1 ARTIS

THEN 10,000 ARTIS will receive $0.00003571 x 10,000 = $0.357 for the day.