How to pay dividends if I issue an asset?

ccminer

Hi folks,

as In the title I would like to know how to pay my investors if I'll issue an asset.
The payout should be manual or automatic, I mean I have to manually calcultate each investor payout amount and send or it will be processed automatically by ..... BOH!?!?!

Please explain how it works
Thank you

nameless

@ccminer use this first of all : http://forums.burst-team.us:4567/topic/893/burst-dividends-voting-addon

All you have to specify in it is what the TOTAL ammount you want to pay out it. It then calculates automatically how much each shareholder gets according to their stake.

haitch

@ccminer Using the wallet - go to Burst Services -> Dividends -> Dividend Payouts. Give it the Asset ID and how much to payout, it'll do all the work for you.

ccminer

@haitch @nameless thank you for the reply!
Sorry for my dubness but I can't find burst services in my wallet, could you kindly tell me where I can find it?

nameless

@ccminer follow the instructions in the link i gave you. You first need to download that plugin and copy it to your burst folder. Just read the thread there. It explains it all. And only AFTER you've done that, you will have burst services show up :)

haitch

@nameless or use the online wallet @ http://wallet.burst-team.us

nameless

@haitch said in How to pay dividends if I issue an asset?:

@nameless or use the online wallet @ http://wallet.burst-team.us

lol yeah...or that....

ccminer

@haitch @nameless I prefere to use my local wallet in case I'll issue an asset.

nameless

@ccminer well, in that case, plugin :)

ccminer

@nameless @haitch

I installed and it works, how can I test it without an asset issued?

haitch

@ccminer You can't. But I've used it more than once, and it just works.

ccminer

@haitch I trust that it works, just to study how to use it.

haitch

@ccminer you enter the asset ID, you enter the amount to payout, you hit calculate dividends - if everything looks right, you hit activate dividends.

ccminer

@haitch
I click activate dividends an it pays out immediatly all the asset older accordingly.

I have to do it manually every time I want to process a payout?
I can not edit the DIVIDEND TIME.

Sorry for all of my newbie questions

haitch

@ccminer Each time you want to pay a dividend, then yes - you need to use the pool service.

And yes - we're aware of the dividend time timestamp issue.

ccminer

@haitch
THANK YOU!!
even with the DIVIDEND ISSUE the dividend service works good am I right?

Sorry again but before deploy my first asset I want to be sure how everything works!

haitch

@ccminer It works like clockwork - totally painless to use - put the funds into your asset wallet, calculate, distribute, done.

ccminer

@haitch Thank you 1 step closer to issue my first asset! ;)

FrilledShark

You can also test the script with a random asset and a few Burst. It is pretty straight forward, as @Haitch said, so there is really not any need for it. If you are uncertain if you can make it work, then try it.

ccminer

@FrilledShark

Yeah I did it already thank you ;) I hope you can help with my optimizer issue ehehe