[Major Announcement] — FINIX APR Allocation Adjustment on BSC Network

Dear all Definix users, Definix developer team would like to announce that we had made a major update on APR allocation on the Definix platform on Binance Smart Chain Network.

What news on the changes?

The reason for making these changes is to create the sustainability for definix users and ecosystem itself by balancing the APR across the farms in the ecosystem. Moreover, we will launched the Rebalancing on BSC network. By launching the new features we need to allocate some part of APR to the new feature as well. The allocation is adjusted based on the industry status-quo and industry research. Please find the changes in the table below:

Binance Smart Chain Network

How the changes help the ecosystem

According to the diagram above we can see that the APR allocation has been adjusted and distributed to the pool that is related with ecosystem token (FINIX) directly. By allocating the APR to FINIX related farms, it will enforce the investors to participate with the ecosystem token even more. The investors will earn more rewards when they participate in the FINIX pool. This also helps reduce the reward acquired from non-ecosystem selling incidents that occur recently.

Conclusion

With this major adjustment we believe that it will cause the ecosystem of Definix to be more sustainable for all investors and also support the price structure of FINIX and lead to the stronger tokenomic that support more products that are coming in near future.

The update will be effective at the same time with Rebalancing BSC launching today 3PM (GMT+7)

What next?

We are coming up with a new product very very soon. Please stay tuned for more information via these channels.

SIX Network: https://six.network/

Telegram: https://t.me/SIXnetwork(International), https://t.me/SIXnetworkTH (Thai group)

Definix Facebook Page: https://www.facebook.com/definixofficial

Definix Twitter: https://twitter.com/DefinixOfficial

--

--

--

The ultimate DeFi protocol for investors make the most from the crypto assets.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

$1,000 for grabs!

Shiba Inu ($SHIB)

Panther Protocol — Ultimate Privacy

Recap of the LaunchZone AMA with Blockchain Space

Technique: Stamped Card with a Zetangle Look https://t.co/1mkDDxv2jV #diy https://t.co/lm2SYjGdw1

What I Learned From Being Scammed (twice) in the Cryptocurrency Space

What On Earth Is Cryptocurrency?

Cryptocurrency; Trading Strategies Part #1 — The Foundations

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
SIX Network

SIX Network

The ultimate DeFi protocol for investors make the most from the crypto assets.

More from Medium

Did you know Kaira Network??

💣 AMA RECAP WITH CHERRY NETWORK 💣

NEAR Drop Claim Tutorial

Tutorial: How To Claim AW-IDO Tokens Using MetaMask