Reward Boost (currently not used)
A utility that none of the devs have seen before, whereby an investor can lock their tokens and they will gain an additional reward %.
DUE TO A BUG IN THE CA FOR THIS FEATURE, THIS FUNCTIONALITY HAS BEEN PAUSED FOR NOW. WHEN A SOLUTION IS FOUND THIS FEATURE WILL BE RE-ADDED
We have added an additional 2% tax onto all sells within Sensei that is used as a boost reward for holders that lock their tokens into the contract.
The Sensei contract allows you the investor to lock your tokens. The more tokens you lock the more of a boost you will gain. You will be able to lock your tokens within the dapp.
Here you can see the locking mechanism within the Dapp. It shows how many tokens you have unlocked and locked and allows you to very easily lock some additional tokens based on a %.
There are no fees to locking or unlocking tokens. There are no restrictions to locking your tokens. We believe that the tokens are owned by you and as such you have the right to do with them as you please.
This is the unlocking mechanism. You will be able to see what you have locked, what boost has been paid and what boost is yet to be paid. It also has an easy way to unlock a % of your tokens.
The contract has an additional 2% sell tax that is approtioned to all holders that lock their tokens. As with all reward contracts this % is split based on how many tokens you have locked as a % of total supply.
What is interesting about the boost is that not everyone will lock their tokens, infact, we are guessing that at most 30/40% of holders will lock their tokens. Our hope is that more will, but we cannot expect a majority of holders to lock their tokens.
What this also means is because there is a smaller supply of locked tokens vs the unlocked tokens it means that you will always get a larger share of the payout than if you didnt lock.
We have 100,000 tokens bought and we have 1bnb ($250) in rewards. This means that each token is worth $0.0025. This would be the normal tax.
Of the 100,000 tokens we have 30% locked. Which is 30,000. For the sake of simplicity we will also assume 1BNB ($250) as a boost reward. That would mean that each token is worth an additional $0.0083.
Investor A has: - 6786 tokens - 0 locked tokens - They will earn $16.965 in rewards. Investor B also has: - 6786 tokens - 6786 tokens locked - They will earn $16.965 in rewards - They will ALSO earn $56.32 in boost. - Which is a total of $72