1/ Our Buyback & Burn program has been updated.
29 May 2022, 16:59
1/ Our Buyback & Burn program has been updated.
With the recent developments in the market, we are making changes to the #OINDAOV3's B&B Program to be more flexible during turbulent markets, while serving and our user better.
Details at:
Same news in other sources
2OIN FinanceOIN #1802
29 May 2022, 16:59
Our Buyback & Burn program has been updated.
With the recent developments in the market, we are making changes to the #OINDAOV3's B&B Program to be more flexible during turbulent markets, while serving and our user better.
Details at:
The changes are as follows:
Step 1. At the regularly scheduled time, the system will be evaluated to see more than $10,000 in fees has accrued
Step 2. If so, B&B will occur as scheduled
Step 3. If not, we will skip that month's B&B, and start from step 1 at the next scheduled time
This helps us be more flexible during turbulent markets, where fees aren't collected as much due to higher rates of liquidation.
It also allows us to provide a more meaningful B&B, as lower amounts get eaten up through the fees during the B&B process (bridges, swaps, etc.)
We're always looking for the best ways to bring our users and community value, and will be continuously monitoring the #OINDAOV3 and all its systems (along with various #YieldFarming opportunities) for that end.
We look forward to seeing you on the other side of this market!
Our Buyback & Burn program has been updated.
Our Buyback & Burn program has been updated.
With the recent developments in the market, we are making changes to the #OINDAOV3's B&B Program to be more flexible during turbulent markets, while serving and our user better.
Details at:
https://medium.com/oin-finance/oindao-buyback-burn-revised-schedule-4eadd18101b6
The changes are as follows:
Step 1. At the regularly scheduled time, the system will be evaluated to see more than $10,000 in fees has accrued
Step 2. If so, B&B will occur as scheduled
Step 3. If not, we will skip that month's B&B, and start from step 1 at the next scheduled time
This helps us be more flexible during turbulent markets, where fees aren't collected as much due to higher rates of liquidation.
It also allows us to provide a more meaningful B&B, as lower amounts get eaten up through the fees during the B&B process (bridges, swaps, etc.)
We're always looking for the best ways to bring our users and community value, and will be continuously monitoring the #OINDAOV3 and all its systems (along with various #YieldFarming opportunities) for that end.
We look forward to seeing you on the other side of this market!
https://twitter.com/FinanceOin/status/1530956939835764736?s=20&t=WEbLMtC3w-msgmk1id5Hhw
OIN FinanceOIN #1802
29 May 2022, 16:59
1/ Our Buyback & Burn program has been updated.
With the recent developments in the market, we are making changes to the #OINDAOV3's B&B Program to be more flexible during turbulent markets, while serving and our user better.
Details at:
1/ Our Buyback & Burn program has been updated.
1/ Our Buyback & Burn program has been updated.
With the recent developments in the market, we are making changes to the #OINDAOV3's B&B Program to be more flexible during turbulent markets, while serving and our user better.
Details at:
https://t.co/BJ5MWw1r7V