DOCUMENT STATUS: DRAFT
This document is going to cover a number of scenarios that can assist exchanges with setting up their own procedures for distributing Nu dividend payments to their users. Consider it a very rough draft at this time. Please include comments if you have specific scenarios you would like to see discussed.
Here are the details for how dividends work:
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Dividends are not paid out on a set schedule, but are released when based on each dividend-paying custodian's proposal / performance / activity. For instance, if a trade goal is met, that may trigger a dividend payment.
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A dividend address is a peercoin addresses that uniquely maps to one NSR address. By transforming the NSR address into a PPC address, it allows the private key to be exported from the Nu wallet to a Peercoin wallet.