The main network of Nautilus Chian is now officially launched. As the first blockchain system in the industry with the main features of the modular Layer3 architecture, it is not only the early implementation of the Layer3 vision by Ethereum founder Vitalik Buterin, but also the early definer of the Layer3 concept.
As an important part of Zebec's ecology, Nautilus Chian is helping Zebec Protocol further promote the vision of flow payment and build a foundation for its compliance and privacy promotion business. The ZBC token is currently the Native Token on the Nautilus Chain and will serve as an important part of its ecological economic system.
At present, in the initial stage of the Nautilus Chain mainnet launch, it has launched the ZBC Staking activity with ultra-high returns to promote the early prosperity of the Nautilus Chain ecology.
Interpretation of ZBC Staking Activity Rules
At present, any user who holds ZBC assets can obtain super high ZBC interest income by staking ZBC tokens in Nautilus Chian's pledge pool.
1. The most basic staking cycle and income
Currently, this Staking activity provides users with four different staking periods, namely 18, 88, 188, and 888 days, and the corresponding APY returns are 8%, 18%, 28%, and 38%, respectively. Any user will enjoy the benefits immediately after participating in the pledge. As a welfare activity, the total amount of ZBC pledged by a single address cannot exceed 8,888,888 pieces.
When the user pledges, he needs to record the gold standard price of the corresponding amount of ZBC tokens (USDT) according to the ZBC price, and calculate the obtained ZBC according to the gold standard value at the time of pledge and the instant ZBC price when withdrawing at the end of the pledge period.
For example, when user A pledges ZBC, the total value of his pledged ZBC token is 1000USDT and he chooses to pledge for 888 days (38%), then after the end of the pledge period, he will use 1000 USDT as the value basis of his pledge, and earn interest at an annualized rate of 38%. The final return is about 924.5 USDT (1000USDT*38%/365*888), At the time of settlement, the system will use the value of 924.5 USDT to settle in the form of ZBC tokens according to the real-time value of ZBC at the time of settlement (the oracle machine feeds the price in real time). For example, when the ZBC pass is worth 0.02USDT at the time of settlement, then he will settle 46225 ZBC as interest.
2. Earnings bonus
On the basis of the basic staking pledge income, Nautilus Chian also set several income bonus parts, which are superimposed with the basic staking income. The income bonus is based on the basic income, not the principal. For example, if the deposit in the above text is 1000 USDT and the income is 924.5 USDT, then the income of 924.5 USDT will be used as the benchmark when calculating the income addition.
l Zepoch node bonus
Holders of Zepoch nodes will be able to enjoy income bonuses, the rules are as follows:
Holding less than 10 Zepoch nodes (excluding 10), the profit bonus is 0.88%
Holding more than or equal to 10 but less than 100 Zepoch nodes, the profit bonus is 8.88%
More than or equal to 100 Zeopoch nodes, the profit bonus is 100%
l Zepoch node recommendation bonus (direct push only)
Recommending Zepoch nodes will be able to enjoy a profit bonus, the rules are as follows:
It is recommended that users purchase less than 10 Zepoch nodes (excluding 10), and the profit bonus is 0.88%
Recommend users to buy more than or equal to 10 but less than 100 Zepoch nodes, the profit bonus is 8.88%
Recommend users to buy 100 or more Zeopoch nodes, and the revenue bonus will be 100%
l The number of transactions on the Nautilus Chain chain
Transactions on the Nautilus Chain will enjoy a Staking bonus:
If the ratio is greater than or equal to 88 and less than 888, the profit bonus is 0.088%
Greater than or equal to 888 ratio and less than 8888 ratio, the income bonus is 0.88%
Greater than or equal to 8888 ratio and less than 88888 ratio, the income bonus is 8.88%
Greater than or equal to 88888 ratio and less than 188888 ratio, the income bonus is 88.88%
Greater than or equal to 188888 ratio, the income bonus is 100%
l The number of pledged ZBC bonuses
Users who pledge different amounts of ZBC tokens can further obtain income bonuses:
The pledge value is greater than or equal to $888 and less than $8888, and the profit bonus is 0.88%
The pledge value is greater than or equal to $8888 and less than $88888, and the profit bonus is 8.88%
The pledge value is greater than or equal to $8888, and the profit bonus is 28.88%
The maximum number of staking pledges is hard capped at 8,888,888 pieces
l Invitation to pledge ZBC token bonus (direct push only)
Users can choose to spend 18 U of ZBC tokens to open the invitation function, and this part of ZBC tokens will be entered into the black hole address.
If the pledge value of the direct push invitation is greater than or equal to $888 and less than $8888, you will get 0.08% of the recommended user's income
If the pledge value is greater than or equal to $8888 and less than $88888, get 0.8% of the recommended user's income
The pledge value is greater than or equal to $8888, and the profit bonus is 8.8%
The above income bonus can be superimposed on the basic staking rules to further promote more users to contribute and jointly promote the prosperity of the ecology.
Yield Burn Mechanism
Of course, the ZBC Staking activity has also formulated a burning mechanism to ensure that users can participate in the pledge after the expiry date.
When the user receives the principal in advance to release the pledge before the package expires, the burn mechanism will be triggered, and the system will deduct 88% of all income from the original package. If the income is not enough, the principal will be deducted.
In addition, if the package expires and the funds are not claimed more than 24 hours later, the burn mechanism will also be triggered, and the system will start charging a handling fee of 1.88% of the (principal) every 24 hours.
For example, A has pledged 1,000 ZBC with an annual rate of 18% for 88 days, which is approximately equal to 18%/365 = 0.05% per day. User A chooses to withdraw cash on the 60th day, and the interest has already been generated at this time 1,000*0.05%*60 = 30 ZBC. The original total income of the package is 1000*0.05%*88 = 44 ZBC, and the withdrawal penalty is 44*88% = 38.72 ZBC. The user will receive principal 1000 ZBC + interest 30 ZBC- penalty 38.72 ZBC = 991.28 ZBC Note will actually be calculated according to the U standard.
The ZBC Genesis Staking event is about to start soon, with new rights and interests, which will also be a long-term benefit for ZBC.