BitMart Will Support Lovely Inu Finance (LOVELY) Staking
BitMart
Kaugnay na uri: Others
2021-07-30 15:32
Dear BitMart Users,
We are pleased to announce that Lovely Inu Finance (LOVELY) staking will be available on BitMart Staking starting from July 30, 2021. Through BitMart, every user can stake LOVELY and earn up to 150%(APY) LOVELY rewards.
I. How to Participate
- LOVELY Staking is available to BitMart registered users only.
- Deposit at least 200,000,000 LOVELY into your BitMart LOVELY wallet.
- The estimated annual yield of up to 150%.
- LOVELY Staking will available on BitMart Staking on July 30, 2021.
Deposit LOVELY
II. Staking Rewards Calculation
Starting from 2021/07/30, BitMart will begin taking live snapshots of user LOVELY balances.
LOVELY Staking distribution will be calculated as follows:
LOVELY generated by each user = Total LOVELY staking rewards received by BitMart User LOVELY holdings ratio.
User LOVELY holdings ratio = Average user LOVELY holdings / Average total LOVELY staked by BitMart.
III. Staking Rewards Distribution
The initial distribution of LOVELY staking rewards will be calculated each month, the first session is from 2021/07/30 to 2021/08/30, with the total amount distributed equally to the staking rewards accrued during the period.
LOVELY rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
Move your coins to BitMart from anywhere and enjoy hassle-free staking rewards.
ATTENTION: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. BitMart will make its best effort to list only high-quality coins, but will not be responsible for your investment losses.
Thank you for supporting BitMart!
BitMart Team
July 30, 2021