Earn
Make your coin works for you to earn lucrative rewards with Nusa
Liquidity Provision
Whenever someone trades on Nusa, the trader pays a small amount of fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on.
For example:
There are 10 LP tokens representing 10 NUSA and 10 BNB tokens.
1 LP token = 1 NUSA + 1 BNB
User A trades 10 NUSA for 10 BNB.
User B trades 10 BNB for 10 NUSA.
The NUSA/BNB liquidity pool now has 10.017 NUSA and 10.017 BNB.
Now 1 LP token is worth 1.00017 NUSA + 1.00017 BNB.
Calculating LP Reward APR
For example, we have a BTCB/BNB pairing with details below
Liquidity: $387.42M Volume 24H: $96.97M Volume 7D: 709.73M
Calculate daily commission: Use the 24H volume to calculate your commission (0.17%): $96,970,000*0.17/100 = $164,849
Calculate yearly commission: Multiply daily commission with the amount of days in a year (365 days): $164,849*365 days = $60,169,885
Calculate LP rewards APR: That's the yearly commission divided by the liquidity: ($60,169,885/$387,420,000)*100 = 15.53% LP reward APR
Staking IDRX
Staking IDRX is an exclusive staking program for IDRX stablecoin that offers a competitive fixed rate (APR) by locking any amount of IDRX for a period of time. There are several options for locking duration with different APRs:
Flexible
1 month = 3.8% APR
3 months = 4% APR
6 months = 4.32% APR
1 year = 4.56% APR
Locked
6 months = 5% APR
1 year = 10%
You can unstake IDRX anytime for the Flexible option. For Locked type, you can't unstake IDRX until the end of duration
IDRX Earn Terms & Conditions
You can stake IDRX with the determined locking duration and APR (minimum stake 10,000 IDRX)
Rewards can be claimed anytime with the amount based on the staking progress. Example:
Staking 100,000,000 IDRX for 3 months with 4% APR
Total rewards for 1 year = 4,000,000 IDRX (1,000,000 IDRX * 4% APR), hence reward for 3 months will be 1,000,000 IDRX
The available reward for withdrawal on the 1st month will be 333,333 IDRX (Total rewards 1000,000 IDRX / 3 months)
After the locking period ends, you can withdraw the staked IDRX including the remaining reward that has not been withdrawn
IDRX can be unstaked at any time even for the Flexible option before the locking duration ends with an unbonding period of 5 days
If you unstake before the end of the lock duration, you will not receive a penalty but the reward will not be distributed
If user have previously withdrawn their reward but decided to unstake early, the amount of IDRX will be reduced with the amount of reward that have been withdrawn. Example:
You stake 100,000,000 IDRX for 3 months with 4% APR
You had withdrawn 333,333 IDRX in the 1st month
The amount of IDRX that can be withdrawn for early unstake will be 99,666,667 IDRX
Last updated