Cryptocurrency Q&A
How do png token holders get paid?
How do png token holders get paid?
Andrea
Sun Sep 08 2024
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7 answers
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I'm curious to know, how exactly do holders of PNG tokens receive payments? Is there a specific mechanism or process in place for distributing rewards or dividends to token holders? And what are the criteria that determine the amount or frequency of these payments? I'd appreciate any insight you can provide on this topic.
7 answers
Chiara
Tue Sep 10 2024
The staking rewards are distributed in the form of APR (Annual Percentage Rate), which is calculated based on the total amount of PNG staked and the trading volume on the platform. This ensures that stakers receive a fair and proportionate share of the protocol's revenues.
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GwanghwamunPride
Tue Sep 10 2024
PNG token holders have the opportunity to actively participate in the protocol's ecosystem by staking their PNG tokens. This process enables them to receive a portion of the protocol's revenues, offering a passive income stream.
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Bianca
Tue Sep 10 2024
The PNG staking pool operates transparently, with all transactions and buybacks recorded on the blockchain. This guarantees that the distribution of rewards is fair and verifiable, fostering trust among token holders.
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Giulia
Tue Sep 10 2024
The PNG staking mechanism works by allocating 0.0425% of all trades conducted on the platform to the PNG staking pool. This percentage is consistently contributed to the pool through regular token buybacks.
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Michele
Tue Sep 10 2024
BTCC, a leading cryptocurrency exchange, offers a wide range of services to its users, including spot trading, futures trading, and wallet services. These services cater to the diverse needs of traders and investors in the cryptocurrency space.
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