COSS FSA Update Week 16 2019

COSS FSA Update Week 16 2019

The previous week’s FSA was temporarily delayed due to an update of the PGT ticker, which caused an error. The week the FSA was running normally again (as it usually does!).

The fee split is noticeably reduced from previous weeks. This is likely due to a lower weekly average volume. With the sharp drop of CFT following its initial launch, any traders who bought CFT at IEO price will find trade fees more expensive until CFT returns closer to its initial $0.10 price point.

CFT had been recovering slightly over the past few days, but following the FSA, the price is trending downwards again. This pattern may occur for a few more weeks/months until an equilibrium is reached between the amount of CFT distributed in the FSA and the price/buying pressure.

The likely conclusion for the downward trend would be COSS holders selling their CFT following the FSA distribution. The CFT pair with the highest volume is CFT/COSS. This means, a good percentage of sellers are using CFT to reinvest into COSS.

FSA Value at Snapshot – $1.47

The value of the FSA per COSS was 0.0001476420798391296194340, making the value $1.47 per 10,000 COSS. 114,759,866 COSS were included in the snapshot.

At $1.47 per 10K $COSS (@ $0.085 per COSS) that’s 9% ROI. This number can fluctuate weekly, meaning ROI is a poor indicator of actual annual return on investment. For example, last week the ROI was 17%.

The average volume for the 7-day period for which this FSA was calculated was $10.0 million.

USD Value of Fee Split Allocation

Previous WeekCurrent WeekDifference
Value per COSS0.000247559594798174570.00014764207983912961-40%
Value per 10K$2.47$1.47-40%
COSS in Snapshot113928191 114,759,866 +0.73%
Avg. 7 Day Vol.11,700,00010,000,000-14%
ROI17%9%-47%

Token Value of Fee Split Allocation

CurrencyIncrease Per 10K
(Prev. FSA)
Increase Per 10K
(Current FSA)
% Change
WISH0.00016190200.000227852040.7
OPQ0.00000322210.00009662912899
PAY0.00001733240.0000000000-100
XNK0.00000000000.0003754680
PASS0.00221313200.0004520710-79.6
LAN0.00017036500.0000000000-100
KNC0.00002762930.0000147127-46.7
FDX0.00265933200.005290869099
JET0.00017538000.0004765430171.7
TIG0.57462848900.0805682660-86
ENJ0.00024786900.0001297740-47.6
PRIX0.00017660000.0000120568-93.2
OMG0.00001010880.0000070657-30.1
FXT0.00007937820.0002340420194.8
SNM0.00002348050.0000208408-11.2
FYN0.00000000000.0000000000
NOX0.00333288100.0016696260-49.9
BWT0.01752568500.0085033540-51.5
POE0.00075890400.0001111860-85.3
CS0.00000000000.0000000000
SENC0.00067925900.0000000000-100
ETH0.00031913500.0003147880-1.4
VZT0.00055180100.000650323017.9
TRAK0.00000000000.0000000000
USDC0.00000323640.0000003388-89.5
REQ0.00051076700.0000237696-95.3
MORE0.00000005100.0000005275935
PGTS0.00000000000.6108553100
STX0.00004007320.0000000000-100
LALA0.00000000000.0000000000
CRED0.00000968760.0000342471253.5
WTC0.00000485190.0000021152-56.4
PIX0.00002409710.0000000000-100
CVC0.00005268090.0000123630-76.5
TUSD0.00002108750.0000081823-61.2
UFR0.01118203800.0080584670-27.9
ADI0.00040457300.0000000000-100
SURE0.00000000000.0000000000
COSS0.19215968800.0710120630-63
UBC0.17285171500.1137704980-34.2
XDCE2.77603836600.8704905070-68.6
BLZ0.00018266400.0000210295-88.5
MRK0.06231841800.0516891260-17.1
DAT0.01291757600.0002916510-97.7
IND0.00000008280.0000000000-100
BNT0.00000000000.0000000000
CAN0.00011697100.0000000000-100
GAT0.07697827600.107620414039.8
GUSD0.00000000000.0000008103
HGT0.00323062900.0017526820-45.7
LINK0.00010401000.0000075708-92.7
KIN7.94145606304.1091273840-48.3
SUB0.15299841400.0859471870-43.8
LA0.00001736780.0000000000-100
ITT0.00011867200.0001087700-8.3
NPXS0.03871670500.76546916301877.1
CFT82.704183290070.4369912200-14.8
DRGN0.02148394600.0000033032-100
MCO0.00000026750.0000000000-100
DAI0.00005745350.0000268807-53.2
MKR0.00000003270.0000000200-38.8
UBT0.00000000000.0000301276
QNT0.00000000000.0000009110

Future Fee Split Allocation Updates

The volume is continuing to trend downwards since the snapshot. With CFT price slowly building, it will be interesting to see how the volume looks for next week’s FSA.

Daily distribution of the FSA was planned for release by the end of this week. We may see it arrive later in the month, if not this week, depending on how its implementation goes.

If there is a particular stat that you would like plotting over the course of this series. Please let me know if the comments section below.

1 thought on “COSS FSA Update Week 16 2019”

  1. As an Coss ico funder I truly like to see this community startup. I like the way of detailed information for the FSA is shared. Possible to keep track of all FSA distributions? So that a detailed history is kept? KUTGW!

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