Fixed APR Event

0 - 1000 USD, APR 100%

> 1000 USD, Real-Time APR Rewards

Rules

1.Rewards

When users supply no more than 1000 USD to any pools, the APR is a fixed rate applicable to your respective subscriptions.

Rewards start accruing the day after your subscription, starting at 00:00 UTC. You will receive your reward allocation on your dashboard the week after accrual begins.

• When the initial APR exceeds 100%:Daily reward = proportion of deposited asset value * pool's total daily revenue, calculated using the current revenue formula.
• When the initial APR is below 100%:
  • Initial APR portion: Initial daily reward = amount calculated using the current revenue formula.
  • For stake value ≥ 1000: Additional reward portion: Additional daily reward = (100% - initial APR%) * 1000 / 365. Rewards are issued as an equivalent bonus.
  • For stake value ≤ 1000: Additional reward portion: Additional daily reward = (100% - initial APR%) * staked value / 365. Rewards are issued as an equivalent bonus.

2.Subscription and redemption

Subscription and redemptions for Simple Earn pools are open daily between 00:00 to 23:59 UTC.

3.The same user account can only enjoy the additional reward once.alternate accounts detected will be deemed cheating, and no rewards will be granted to such accounts.