πŸ“ŒBasic actions on boosting pools

Basic actions in Lock Period/Duration

The initial stake is the first stake in particular boosting pool.

The additional stake:

  • The principal Amount is increased on the stake amount

  • Lock Duration is increased by the rule:

DayOfStake - PrincipalAmount * DayOfStake / (PrincipalAmount+StakeAmount)/(1+2*DayOfStake/InitialLockDuration)

Example:

If you want to add 100 NMX (StakeAmount) to your 365 days boosting pool (Initial Lock Duration) with 1000 NMX (PrincipalAmount):

  • on 10th day (DayOfStake) after initiation then your Lock Duration is increased on ~1.4 days

  • on 100th day (DayOfStake) after initiation then your Lock Duration is increased on ~41.3 days

  • on 300th day (DayOfStake) after initiation then your Lock Duration is increased on ~196.9 days

So the closer the end date, the more the increase to the period

Principal Amount = 1100 NMX

The partial unstake

It is possible to partially unstake tokens:

  • The Unstake amount should be less than Principal Amount

  • Penalty/Fee on unstake amount

  • The Principal Amount is decreased on the unstake amount

  • The Boosting Amount is decreased proportionality

  • The Total Amount is decreased proportionality

  • The Lock Duration is not changed

  • Bonus Holder days are set to 0

All penalties/fees will be returned to the supplier source

Example:

If you want to unstake 100 NMX (UnstakeAmount) to your 365 days boosting pool (Initial Lock Duration) with 1000 NMX (PrincipalAmount) and 500 NMX as rewards (BoostingAmount) then

  • Penalty/Fee = 25% so unstake amount = 75 NMX

  • The Principal Amount = 900 NMX

  • The Boosting Amount = 450 NMX

  • The Total Amount = 1350 NMX

  • The Lock Duration is not changed

The full unstake

  • Penalty/Fee on Principal Amount

  • The Boosting Amount is returned to the supplier source

  • The Lock Duration is 0 and the next stake is the Initial Stake

Basic actions on boosting pool after Lock Period/Duration

Stake/Restart

Boosting is re-started:

  • Principal Amount is increased on Reinvest part of Boosting Amount and Stake Amount. In other words: Total Amount (Principal Amount + Reinvest Amount) becomes new Principal Amount with just Staked Amount

  • Lock Duration is re-seted to Initial Lock Duration

Unstake β€” no penalty except the Performance fee.

Claim of the Boosting part of the Boosting amount for the previous period is available.

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