How to calculate Staked Time Multiplier for the Holding Bonus Program?

BitoPro Holding Bonus Program is aimed at the long term holders of BITO, to encourage them to stake their coins in exchange for a certain percentage of transaction fees revenue in USDT. Each staked order is different in terms of “Staked Amount” and “Staked Time Multiplier”, therefore resulting in different weighted factors. The earlier you stake your BITO tokens, the larger your “Staked Time Multiplier” and the more USDT rewards you will get. The “Staked Time Multiplier” will gradually decrease over time(See Below)

Staked Time Multiplier Reference Table

Now you know the “Staked Time Multiplier” , how do you calculate my staked rewards using it?

Let’s say you have a single order of BITO tokens to stake.

Once you pass Level 1 verification, stake 10,000 BITO tokens on May 7th and did not unstake your tokens before May 13th.

• Staked Time Multiplier: 9,200
• Transaction Revenue Rebates: 70%
• Total Weighted Factors: 10,000,000,000
• Last Week’s USDT Rewards: 5,000 USDT

You will get an estimated 46 USDT from the information above.

Calculations:

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Now if you want to stake multiple orders of BITO coins, just follow the steps below.

Once you pass Level 1 verification, you stake 10,000 BITO coins on April 29 and May 3rd respectively, and did not unstake your tokens before May 6th.

• Staked Time Multiplier: 10,000 (April 29th) , 9,600 (May 3rd)
• Transaction Revenue Rebates:  70%
• Total Weighted Factors: 10,000,000,000
• Last Week’s USDT Rewards: 5,000 USDT

You will get an estimated 98 USDT given from the information above.

Calculations:

Users can also go into “Assets” and click “Stake”, the calculator that BitoPro provides can quickly get you up to speed with what the BitoPro Holders Program is all about.