Rewards are calculated every 30 minutes, taking into account several variables that can influence the APY (Annual Percentage Yield) you get:
Reward Cryptocurrency: The asset in which you choose to receive your earnings can affect the APY.
Natural APY Variation: The performance of the Pools can fluctuate due to market factors or the number of participants.
Your Space Center Level: If you are a Bit2Me Space Center user, your level may grant you a higher APY.
Lock-up Farming Pool (for B2M Token): If you have funds in one of the B2M Lock-up Pools, the selected lock-up period (3, 6, or 12 months) directly impacts your APY.
Rewards are distributed on a daily or weekly basis, depending on the option you choose. These rewards can be withdrawn from Bit2Me Earn the moment you receive them, except for the rewards generated through our B2M Lock-up Farming Pools. These will be automatically added to your locked balance and will be available for withdrawal once the lock-up period of the corresponding Pool ends.
Examples:
- Today I add 50,000 B2M to the 6-month Lock-up Pool - During these 6 months, I will receive daily rewards that will be added to the 50,000 locked B2M. But I will only be able to access them after the 6-month Lock-up period has passed, at which point the 50,000 B2M I added + all the generated rewards will be unlocked and added to the B2M Flexible Pool, from where I will have the freedom to withdraw to my Wallet to sell/exchange or lock them up again to get a higher APY.
- Today I add balance to Earn in any cryptocurrency but I configure it so that the generated rewards are received in B2M - I will receive the generated rewards daily and they will be credited to the Bit2Me Token (B2M) Flexible Farming Pool. These rewards will be available and I can withdraw them to my wallet to sell/exchange whenever I want without conditions.
- Today I add balance to Earn in any cryptocurrency and I configure it so that the generated rewards are received in the same cryptocurrency added - I will receive the generated rewards weekly and they will be credited to the same wallet of the cryptocurrency added in Earn, thus increasing the balance with which staking was performed. These rewards will be available and I can withdraw them to my wallet to sell/exchange whenever I want without conditions.
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