Payment Engine
Waveslease Node distributes its mining rewards in the following way:
if BR < 1:
- 90% goes to leasers (mix of $WAVES and $SURF);
- 5% goes to WLT Token holders;
- 4% is reserved for SURF Fund grow;
- 1% is reserved for Node running costs.
if BR >= 1:
- 90% goes to leasers (mix of $WAVES and $NSBT);
- 5% goes to WLT Token holders;
- 5% is reserved for Node running costs.
90% to leasers and $SURF Support
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:
5% to WLT holders
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.
4% for SURF Fund Grow
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.