🏦Lockup Dividend
Lockup Dividend is a DAPP that allows you to obtain stable BUSD earnings.
You can staking your $Nobo and earn BUSD dividend. After that, you can claim a $BUSD dividend every 3 days.
EARN RULES
Each staking must be a minimum of 1,000,000 pieces of $Nobo, and a maximum of 10,000,000 pieces of $Nobo. After each staking, your $Nobo cannot be redeemed for a period of 14 days. If you take it back in default, you need to refund all BUSD you received for this staking, and a penalty of 50% will be deducted from the amount of $Nobo staking. The maximum quantity and minimum amount will be adjusted down as the token price rises.
If you do not redeem $Nobo after 14 days of staked, you can still receive dividends every 3 days.
When you add to the number of staked $Nobo, your redeemability time will be updated accordingly, but the time to receive your dividend will not be affected.
Number of BUSD received per time = (amount of $Nobo you staking ÷ Total amount of $Nobo staked in the Lockup Dividend contract) * Total amount of BUSD in dividend pool.
In order to ensure users receive longterm dividends, each BUSD number will have a cap value, which will be adjusted according to the amount of BUSD in the interest pool.
E.G You staked $Nobo = 1,000,000 $Nobo Divdend pool $Nobo = 10,000,000 $Nobo Divdend pool BUSD = 1,000 BUSD Your number of BUSD received this time = 1,000,000 ÷ 10,000,000 * 1000 BUSD = 100 BUSD If Cap value = 50 BUSD, Then you can only get 50 BUSD this time.
Where does BUSD earnings come from?
The initial BUSD in the contract is transferred by our project team.
The subsequent BUSD is transferred to the contract when users draw BUSD from their transactions on the Nobo Swap.
Lockup Dividend Contract: 0xB3D69967B859Eda1FD824141e1b226C077064438
Lockup Dividend link: https://www.nobodies.finance/app
Last updated