Waveslease Node distributes its mining rewards in the following way:
if BR < 1:
if BR >= 1:
If Backing Ration (BR) < 1, the engine will support $SURF price and liquidity by buying $SURF on the market at ASK price or mint $SURF on the NEUTRINO Smart Contract.
The percentage of mining rewards used to buy $SURF depends on how many $WAVES are leased to the node, thus the support is decided by WAVES community:
WavesLease distributes daily 5% of its mining rewards to Waves Lease Token holders accordingly to owned quotas (1 Quota = 10 WavesLease Tokens).
You can purchase the coin on Waves.Exchange: go to trading section and search for id: CM8J4Z9HW3MdKgTxrpf3WYauXfjdu1zZKg19AGTicEYe and check here for Waves Lease Token Richlist.
When BR < 1, Waveslease Node will purchase and stack $SURF for the Node Fund. Stacking Dividends will be shared with eligible leasers up to October 2022.