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Home/Pac Finance

Shiraverse Latest Questions

Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

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

  • 0

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

CryptocurrencyPac Finance
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  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

What assets are considered in the calculation of Blast Points?

  • 0

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.

CryptocurrencyPac Finance
  • 0
  • 1
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

How does the rate of Blast Points per block vary for different assets?

  • 0

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.

CryptocurrencyPac Finance
  • 0
  • 0
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

What is the purpose of refunding Blast distribution rewards back to users?

  • 0

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.

CryptocurrencyPac Finance
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  • 0
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Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

How is Blast Gold quantity determined for users?

  • 0

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.

CryptocurrencyPac Finance
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  • 3
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

What is the significance of Blast Gold on Pac Finance?

  • 0

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.

CryptocurrencyPac Finance
  • 0
  • 1
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

How are Blast Points distributed to users?

  • 0

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
  • 0
  • 3
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

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

  • 0

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
  • 0
  • 4
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

How frequently are Blast Gold distribution periods on Pac Finance?

  • 0

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
  • 0
  • 3
  • 0
Answer
Raju Kumar
  • 0
Raju Kumar
Asked: 1 year ago

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

  • 0

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
  • 0
  • 0
  • 0
Answer

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