Blast Points are calculated based on the net assets (supplied – borrowed) of users in Pac Finance, considering transactions involving assets like ETH, stablecoins, and other supported assets.
Tag: Cryptocurrency
Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.
The rate of Blast Points per block varies for different assets. For example, the rate for ETH is 0.06504987 Points/Block/ETH, indicating the number of Blast Points generated per block for each unit of ETH involved in transactions.
Pac Finance aims to prioritize its users by refunding 100% of all Blast distribution rewards back to them. This demonstrates the platform’s commitment to providing genuine value and fostering financial inclusion among its users.
During a Blast Gold distribution period, the user’s Blast Gold quantity is determined by their Blast Points‘ proportion relative to the total Blast Points within that period, as calculated using the method described above.
Blast Gold represents a form of rewards earned by users based on their Blast Points’ proportion relative to the total Blast Points within a distribution period.
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
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.
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.
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.
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.