Search
K
📌

Basic 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 — no penalty except the Performance fee.
Claim of the Boosting part of the Boosting amount for the previous period is available.

Join the OFFICIAL social media of Nomiswap

💬 TG Chat Nomiswap (DEX): https://t.me/nomi_swap 💬 TG Chat Nominex (CEX): https://t.me/NominexExchange
📣 News Channel Nomiswap (DEX): https://t.me/nomiswap_news2 📣 News Channel Nominex (CEX): https://t.me/nominex_announcements 🕊️ Twitter: https://twitter.com/Nomiswap
✅ Official Nomiswap (DEX) website: https://nomiswap.io ✅ Official Nominex (CEX) website: https://nominex.io 🤖NMX price update TG bot: https://t.me/nmx_price_bot

Nomiswap/Nominex local chats:

🇧🇾🇺🇦 СНГ 🇰🇿🇷🇺🇦🇿: https://t.me/NominexRussian
🇪🇸Spanish chat 🇪🇸: https://t.me/NominexSpanish
🇹🇷Turkish chat 🇹🇷: https://t.me/NominexTurkish
Watch out for fake accounts! The Nomiswap team will never text you first and ask for private keys or individual information!