Article Summary, Automatically Generated By AI
Summary of BNSD Finance
- Users can earn yield in the form of BNSD tokens.
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Key features of BNSD:
- High APYs
- Multiple farming pools
- Deflationary release over time
- Halving built-in, with 4 halvings:
- 1000 → 500 (1 day from genesis block)
- 500 → 250 (7 days)
- 250 → 125 (30 days)
- 125 → 100 (90 days)
- 4% of rewards reserved for development
About BNSD Finance: Empowering the Future of Decentralized Finance
Users may be eligible to receive yield in the form of BNSD, a token from the esteemed team behind BNS.Token and Bitbns, pioneers in the DeFi space.
The salient features of BNSD, as outlined by the team from Bitbns, are as follows: Notably high APYs, multiple pools for users to engage in farming, a deflationary release mechanism over time, and a built-in halving system. This system is designed to undergo four halvings, where block rewards will decrease incrementally. Initially, block rewards will commence at 1000 BNSD per ETH block, subsequently reducing in the following manner: 1000 to 500 one day from the genesis block, 500 to 250 seven days later, 250 to 125 thirty days after that, and finally, 125 to 100 ninety days into the process. Furthermore, it is reported that 4% of the rewards will be reserved for development funds.