The daily reward of ForTube BSC version has been adjusted from 200,000 FOR to 100,000 FOR.
ForTube users can earn 0.3 USDT equivalent in FOR as an interest subsidy for every 1000 USDT in daily borrowed assets.
The reward coefficient of ForTube BSC version are as follows:
Note:
1. The mining reward coefficient of unlisted assets is temporarily 0.
2. On the ForTube governance platform, users can initiate proposals to add mining assets. Users can also vote on the reward coefficients of different assets every week.
Governance Platform Website: https://forum.for.tube
ForTube 2.0 [Weighted Assets] Calculation Method
The user’s weighted asset calculation formula is: ∑(Vi×Fi) +∑(Vj×Fj), where Vi is the value of the user’s i asset deposit and Vj is the user’s j asset loan Value, Fi and Fj are the mining reward coefficients of assets i and j.
For example:
The user deposits 10,000 USD equivalent ETH (the deposit reward coefficient is 0.75) and lends USD 3000 equivalent USDT (the borrow token reward coefficient is 2), then the user’s weighted asset value is 10,000 x 0.75 + 3,000 x 2 = 13,500 USD.
At this time, the user dynamically obtains rewards based on the proportion of “13,500 USD” in the entire “weighted assets”, and obtains deposit interest (and pays borrowing interest, if any).
Account asset snapshot: The system will take a random snapshot of all user account assets three times a day, and take the average of the three times into the mining reward calculation.
Reward distribution and withdrawal: The system will issue the rewards of the previous day from 0 am to 3 am every day, and users who have received rewards can withdraw at any time.
This activity’s final interpretation belongs to the ForTube team. Mining rules will be changed according to the current situation. Please pay attention to the subsequent announcements.
Governance Forum: https://forum.for.tube
Currently Supported Wallets: imToken, MYKEY, Bitpie, DappBirds, TokenPocket, BitKeep, Math Wallet, HyperPay, AToken, MEET.ONE, Coinbase wallet, Trust wallet
Be sure to follow us on social media for more updates and mining campaigns:
▲Announcement channel: https://t.me/the_force_announcement
▲Medium: https://fortube.medium.com/
▲ForTube website: https://www.for.tube/home
▲Twitter: https://twitter.com/ForTubeFi
▲Github: https://github.com/thefortube
▲Knowledge library of ForTube platform: https://docs.for.tube/