LORDLESS LESS Term Deposit Guidelines
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Now everybody can deposit your LESS to LORDLESS. But why?
LORDLESS has issued a new token named HOPS which is fungible, ERC20 cryptocurrency token. HOPS will be mined when you make a LESS Term Deposit. HOPS is burned, or spent, in opening Bounty Chest and many other scenarios. So HOPS is mined and burned in real time. You can visit Me → HOPS to access the LESS Term Deposit page.
LESS Term Deposits
A LESS term deposit is a LESS investment held at LORDLESS. Your LESS is invested for an agreed rate of interest over a fixed amount of time, or term. In contrast to traditional term deposit in the bank, LORDLESS would pay the HOPS as advance interest. There is three kinds of term deposits, QUICK, BASIC, PLUS, PRO and MEGA, offering different rates. You can withdraw all the LESS when the term deposit matures.
HELD is the acronym for “HOPS earned per LESS on a deposit.” For example, 20 HELD means that 1 LESS can earn 20 HOPS during the deposit period. You can reap more HOPS immediately if you choose a LESS Term deposit with higher HELD.
Deposit boost
Deposit boost can boost your HELD when you deposit LESS. Referee boost, one of the deposit boosts, now is available with more to come. You will get a higher HELD if you get a lot of kind of boosts. For more detail of Referee boost, visit LORDLESS Referral Program Guidelines.
Make a deposit
When you selected an option of LESS Term Deposit, you can easily create a deposit by entering numbers or Deposit all directly.
Before you create a LESS Term Deposit, you have to authorize the Deposit LESS smart contract to operate your LESS on your behalf.
If you create a deposit successfully after your transaction completed, you will get a record in the My deposit page. When the deposit matures, you can withdraw the LESS to your wallet. It shows you the cumulative income of HOPS and immature deposit of LESS on the top of the page.
The HOPS can be used for unlocking the Bounty Chest to reap the tokens in it. For more details, visit the LORDLESS Token Withdrawal Guidelines. All your HOPS income and outcome will be shown on the Records page. All the records are grouped by month.
Deposit your LESS and reap more HOPS. Good luck!
