zero dividend error - create_dividend

Occasionally users will complain about getting ‘Zero dividend’ errors when trying to pay out dividends.

Here is an instance of that behavior…

Problem Request

{
	"method": "create_dividend",
	"params": {
		"source": "1BH9sBVQ645gx2D3pfkc95SSvvEXpFhw2N",
		"asset": "PEPEYES",
                "dividend_asset": "STPEPESUNC",
		"quantity_per_unit": 3,
		"fee": 30277,
		"allow_unconfirmed_inputs": true
	},
	"jsonrpc": "2.0",
	"id": 0
}

Problem Details

There are 9 holders of PEPEYES tokens and there are 600 STPEPESUNC tokens issued… so, the dividend SHOULD work and pay out 3 STPEPESUNC to every holder of 1 token of PEPEYES… instead we get a ‘zero dividend’ error returned

https://github.com/CounterpartyXCP/counterparty-lib/blob/765c00b76857d4181bf69a4ddd5b592790073689/counterpartylib/lib/messages/dividend.py#L110

The repo code seems to indicate that 'zero dividend` is thrown when there are no holders, yet clearly there are 9 PEPEYES holders… so what is going on!!!

[jdogresorg]

The issue is your trying to pay out a dividend on VACUZ and there are no holders of VACUZ except the issuer.

In order for you to issue dividends, you need to have holders to pay the dividends to. In this case, since you have 0 VACUZ holders (except the issuer), Counterparty is throwing the correct error letting you know that your request would result in zero dividends.

Try again except use an asset that has holders this time 😃

[chiguireitor]

Think we didn’t rebuild the testnet images, what server were you using?