To anticipate with BSOV, We will launch 500 BSOV staking program at Resfinex, the main purpose of this staking program to let the people know the benefits of staking as well as doing research about BSOV, a minable & deflation token on Ethereum blockchain.
BSOV staking rewards will be distributed as details below:
BSOV Staking Program
- Starting from March 1st, 2020 at 00:00 AM UTC to March 15th, 2020 at 00:00 AM, Resfinex will begin taking hourly snapshots of user BSOV balance.
BSOV staking distribution will be calculated as follows:
- BSOV generated by each user = Total BSOV staking rewards provided by Resfinex * User BSOV holdings ratio.
- User BSOV holdings ratio = User BSOV holdings / Total BSOV staked by Resfinex.
- Users must hold at least 100 BSOV in order to qualify for staking rewards.
The initial distribution of BSOV staking rewards will be calculated up until March 15th, 2020, with the total amount distributed equal to the staking rewards accrued on holdings during 15 days period. BSOV rewards are calculated hourly and distributed hourly.
To learn more about BSOV, check out their website.
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