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

NEST Protocol
NEST Community
Published in
2 min readMay 30, 2020

The process that NEST holders claim ETH dividends 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 dividends they are entitled to that week. This is calculated as the % of NEST holding over the circulated NEST tokens x the size of the ETH dividend pool for the week at the cut off time at 12:00pm Friday BJ time. Deposit is disabled during the withdrawal period.

* Steps by step instructions

Step 1: In the wallet, click the [View income] button to enter the [Earnings Details] page.

Step 2: Authorize first, then deposit NEST tokens

Step 3: Receiving the dividends 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

Telegram: https://t.me/nest_chat(NEST Fans chat group)

Twitter: https://twitter.com/BruceYang_NEST(active NEST fan)

NEST Fans: https://nestfans.com(NEST Fans chinese forum)

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