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Raju Kumar
Raju Kumar
Asked: 1 year 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.

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Raju Kumar
Raju Kumar
Asked: 1 year 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

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Raju Kumar
Raju Kumar
Asked: 1 year 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

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Raju Kumar
Raju Kumar
Asked: 1 year 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.

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Raju Kumar
Raju Kumar
Asked: 1 year 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

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Raju Kumar
Raju Kumar
Asked: 1 year ago

Can users expect regular distributions of Blast Points and Blast Gold on Pac Finance?

Yes, users can expect regular distributions of Blast Points and Blast Gold on Pac Finance during specified distribution periods, providing them with ongoing rewards and incentives for their participation and engagement on the platform.

CryptocurrencyPac Finance
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