A new way to earn BNB
4% of every transaction is taken and re-distributed to all MOONRAT holders in $BNB.
You will have to wait for a specific duration called cycle (about 1 week) to collect your BNB reward.
In this waiting duration, if you continue to add more than 2% (threshHoldTopUpRate) of your $SMRAT balance, the waiting duration will proportionally add up with the cycle.
(If you sell $SMRAT, it does not affect your cycle)
For example, on the first day of your cycle, you add up more 5% $SMRAT, you have to wait: 5%*7days = 8,4 hours more. That means you can collect BNB after 7 days and 8,4 hours.
But if the threshHoldTopUpRate >= 100%, the waiting duration will add up max to 7 days.
For example, on the first day of your cycle, you add up more 100% $SMRAT, you have to wait: 7 days more. That means you can collect BNB after 14 days.
This will prevent cheaters who try to add more $SMRAT at the end of each cycle.
Collect BNB Tax
- 1.How many BNB can I collect? You can collect the amount of the BNB based on the ratio of $SMRAT you hold/the total BNB pool.For example, you hold 1% of $SMRAT, you can withdraw 1% of the BNB reward pool.
- 2.What is the BNB pool? 4% of every transaction is taken and re-distributed to all MOON RAT holders in $BNB. This amount of BNB called the BNB pool.
- 3.What if I don’t collect BNB reward in my cycle? If you don’t collect at your cycle and other holders claim, the BNB pool will reduce.So then the ratio of your $SMRAT/BNB pool reduces as well. That’s why you should collect as soon as your cycle is ready
- 4.Why my collectable BNB always changes?
You can collect the amount of the BNB based on the ratio of $SMRAT you hold/the total BNB pool. So when the total BNB in reward pool changes, you collectable BNB as well.