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Home/Question Sidebar/Page 315
Raju Kumar
Raju Kumar
Asked: 2 years ago

How are Blast Points distributed to users?

Blast Points obtained through transactions involving assets like ETH and stablecoins (fwWETH/fwUSDB) are distributed by Ring Exchange to Pac Finance, which then refunds all Blast Points to users. Similarly, Blast Points obtained through other assets (oETH, oUSDB) are distributed ...Read more

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

Are Blast Points and Blast Gold transferable or tradeable on Pac Finance?

Blast Points and Blast Gold are rewards earned by users and are not directly transferable or tradeable on the platform. However, users can utilize them within the Pac Finance ecosystem for various benefits and incentives.

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

How frequently are Blast Gold distribution periods on Pac Finance?

Blast Gold distribution periods occur regularly on Pac Finance, providing users with opportunities to earn rewards based on their engagement and activity levels on the platform.

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

What assets are considered in the calculation of Blast Points and Blast Gold?

Blast Points and Blast Gold are calculated based on the user’s net assets in Pac Finance, which include assets like ETH, stablecoins, and other supported assets involved in transactions on the platform.

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

Why does Pac Finance refund 100% of Blast distribution rewards back to users?

Pac Finance places users at the center of its operations and believes in achieving financial inclusion by providing genuinely valuable services. Hence, it refunds 100% of all Blast distribution rewards back to users.

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

What is Blast Gold, and how is it determined for users?

Blast Gold is a form of rewards earned by users based on their Blast Points’ proportion relative to the total Blast Points within a distribution period. The user’s Blast Gold quantity is determined by dividing their Blast Points by the ...Read more

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

How are Blast Points distributed to users on Pac Finance?

Blast Points obtained from transactions involving assets like fwWETH/fwUSDB are distributed by Ring Exchange to Pac Finance, which then refunds all Blast Points to users. Similarly, Blast Points obtained from assets like oETH, oUSDB are distributed by Orbit to Read more

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

Can you provide an example of how Blast Points are calculated for an asset like ETH?

Sure, for ETH, the rate is 0.06504987 Points/Block/ETH. So, the user’s Blast Points would be calculated by multiplying the absolute value of their net ETH assets by the number of blocks and this rate.

CryptocurrencyPac Finance
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Answer
Raju Kumar
Raju Kumar
Asked: 2 years ago

What are Blast Points in Pac Finance, and how are they calculated?

Blast Points are a measure of user activity and engagement on the platform. They are calculated by taking snapshots at each block, considering the absolute value of the user’s net assets (supplied – borrowed) in Pac Finance, and then ...Read more

AirdropCryptocurrencyPac Finance
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Raju Kumar
Raju Kumar
Asked: 2 years ago

How can users learn more about the Phase 1 launch and $ZERO Airdrop?

Users can stay informed about the Phase 1 launch and $ZERO Airdrop by visiting the ZeroLend website, following social media channels, and reading official announcements and guidelines provided by the ZeroLend team.

CryptocurrencyZeroLend
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