Claim and Compound FLURRY Reward on #BSC with New FLURRY Reward Rate
To all rhoToken hodlers on #BSC, it is close to an end of the FLURRY reward campaign and reward will be unlocked on 9 February 2022 today in varying time (depending on block time).
Here’s guide to walk you through on how to CLAIM and COMPOUND the FLURRY reward in order to maximize your return.
1. Check your FLURRY reward portfolio
FLURRY reward will be unlocked after 8 Feb 2021.
Click on “EARNED” and check the number of FLURRY that you have accumulated since you first deposit.
A pop-up will show the number of FLURRY that you have. Click open “Reward from holding RHO tokens” and you should be able to see if your FLURRY reward has been unlocked.
2. Claim your FLURRY reward before
When your FLURRY reward is unlocked, you should be able to click the button “Claim All”. (Reward unlock time varies per each users.)
Here’s a short video tutorial, demonstrated on testnet, on how to claim your FLURRY Reward:
3. Restake it back in Snowball
After you have claimed your FLURRY reward, restake them back on SNOWBALL.
FLURRY reward rates for rhoTokens hodlers
RhoTokens won’t lock up users’ asset, with an additional accumulation of FLURRY tokens as reward (FLURRY reward) for all rhoTokens hodlers at a rate of 4 FLURRY shared by all rhoToken holders per block minted on Binace Smart Chain.
On BSC, block time is around 3 seconds on average, hence an estimation of total FLURRY reward distributed per week will be:
- Seconds in a day 86400 divided by 3 blocks = 28,800 blocks a day on average.
- 28,800 blocks multiplied by 4 $FLURRY tokens = 115,200 tokens given in a day.
- For a total of 806,400 $FLURRY tokens a week
(*The processing time for each block on the BSC blockchain varies by a small margin. See here to understand more.)
FLURRY reward won’t be locked up anymore for rhoToken users on both Polygon (MATIC) and BSC network. rhoToken hodlers can repeat the above steps to compound their interest anytime they want.
About Flurry Finance
FLURRY is a DeFi protocol offering yield aggregation with rhoToken, which is pegged 1:1 to its underlying stablecoin. It automatically farms for yields without locking up funds or interest earned by diversifying DeFi product risk, resulting in lower gas fees.
We automate the tedious task of locking/unlocking and switching in and out of DeFi products on different chains to generate yield. Current yield aggregators are limited to Ethereum based products or work on a single chain, whereas FLURRY aims to work cross-chain to look for the best yield after cost on different chains.
Contact Us
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News Channel: https://t.me/FlurryFinance_News
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Website: https://www.flurry.finance/
