How can NEST holders get the ETH incomes from the NEST oracle system?

NEST Protocol

The process of NEST holders claim ETH incomes from the NEST oracle system.

• Deposit NEST tokens into the NEST smart contract between 0:00 Monday and 12:00pm Friday BJ time (UTC+8).
• During the period of 12:00pm Friday to 24:00 Sunday BJ time, NEST holders can withdraw ETH incomes they are entitled for that week. This is calculated as the % of NEST holding over the circulated NEST tokens x the size of the ETH incomes pool for the week at the cut off time at 12:00pm Friday BJ time. Deposit is disabled during the withdrawal period.
• Step by step instructions

Step 1: In the DApp, click the [Income] button to enter the [Token Income] page.

Step 2: Select your NEST token or other nToken.

Step 3: Authorize first, then deposit NEST tokens.

Step 4: Receiving the incomes and withdraw during the withdrawal period.

Please note that authorization, deposit and withdrawal need to consume ETH gas fees.

Author signature: NestFans

NEST website: https://nestprotocol.org

NEST oracle docs: https://docs.nestprotocol.org

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