New FLURRY Reward Campaign For rhoToken Holders on BSC
Our team at Flurry Finance wishes to welcome 2022 with bountiful rewards for all our rhoToken holders in BSC. For this reason, we’re launching a brand new campaign that will give out $FLURRY tokens on each block minted in the network.
All our Binance Smart Chain rhoToken holders have been instrumental for the success of the Flurry Protocol. To continue with this success, we are designing a new launching this new incentive campaign on the BSC network.
It’ll start from January 10th to February 9th for everyone holding rhoTokens. So, relax and mint rhoTokens (rhoUSDT, rhoUSDC, and rhoBUSD) as you’ve always been doing. The moment it begins, you’ll see your balance accumulating FLURRY tokens without having to do anything extra.
As for new users, you can check out DApp walkthrough here and follow the steps to join the campaign.
Reward Campaign Details
First, 4 FLURRY tokens will be shared by all rhoToken holders per block minted on Binace Smart Chain. On BSC, block time is around 3 seconds on average. This is the figure that’ll be used for the calculations, but the time is an estimation and not an exact number. So, this gives us:
Total rewards to be 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.
Note: Deposited rhoTokens and FLURRY reward won’t be locked up. FLURRY token reward can be claimed at any time. However, FLURRY token rewards will stop accumulating once you have redeemed your rhotokens from the Flurry DApp platform.
Flurry Finance wishes you a happy new year and happy earning! Stay tuned to our social media platforms for more upcoming benefits.
About Flurry Finance
FLURRY is a DeFi protocol offering yield aggregation with rhoTokens, 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.
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