MAKING Farmers THE MINERS
Kaldicoin™ offers an extra source of income for smallholder farmers by allowing them to earn coins in addition to their regular USD coffee sales.
Every harvest epoch, new Kaldicoin are minted based on a percentage of the annual fiat value of total coffee sales on the marketplace. Only farmers can initiate the minting process by selling their coffee on KaldiMarket and they receive the largest share of the newly minted Kaldicoin as a reward for their participation. This opens up new opportunities for coffee farmers to profit from their crops.
Kaldicoin Protocol
Kaldicoin minting is triggered by the listing and sale of coffee harvest lots on KaldiMarket. They are minted against a percentage of the total (fiat) annual coffee value sold on the platform, with a capped supply of 1 billion new tokens that can be issued through this method.
Kaldicoin is designed to capture the money lost in the system to an inefficient supply chain and to share this wealth with the primary participants: the sellers (farmers), the buyers, and the investors. It is powered by three proprietary systems that support currency supply expansion (inflationary), store of value, and stability (deflationary).
Coin value is bolstered and underpinned partly but significantly by a portion of fees generated across coffee trading and coin staking being converted into Kaldicoin.
Kaldicoin Distribution
As Kaldicoin are minted, they are distributed into payout pools. In the Kaldi ecosystem there are various Kaldicoin rewards, but only farmers and buyers receive rewards for trading on KaldiMarket. Only farmers can initiate the minting process by selling their coffee on KaldiMarket, and they receive the largest share of the newly minted Kaldicoin as a reward for their contribution.
