VNDC officially listed LUA token, staking profit up to 3%/day

VNDC officially listed LUA token, staking profit up to 3%/day

From today (October 5, 2020), VNDC officially lists LUA token on VNDC Wallet. Users and partners can now store, send/receive, transact LUA by VNDC Wallet and also participate in Yield Farming (liquidity mining) and receive profit up to 3% per day.

Specifically, profit of staking LUA token will be allocated over time corresponding to TomoChain’s roadmap for LUA token distribution:

WEEK DAY DAILY INTEREST COMMISSION FOR PARTNERS
Week 1 05/10 – 11/10 3% 0.25%
Week 2 12/10 – 18/10 1.5% 0.125%
Week 3 19/10 – 25/10 0.75% 0.063%
Week 4 26/10 – 01/11 0.375% 0.031%
Week 5 02/11 – 08/11 0.188% 0.016%
Week 6 09/11 – 15/11 0.094% 0.008%
After 15/11/2020 0.047% 0.004%

By owning LUA on VNDC Wallet, users will be able to participate in Yield Farming without paying fee for exchange and send/receive on-chain when mining a small amount of LUA. VNDC is regarded as representative for users to perform LUA mining on LuaSwap and share profit with users.

Hoang Thao Marketing Executive of VNDC, enjoy reading, writing and sharing.
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