SHERIFF
Flash Loan Utility
Last updated
Flash Loan Utility
Last updated
SHERIFF pays out rewards to all Safuu 2.0 stakers by driving protocol revenue by incorporating the use of Flash Loan Income on the .
SHERIFF stands for (Safuu High-Yielding External Revenue Income Fund Forever) and is the new and improved SIF (Safuu Insurance Fund) from original Safuu.
This process is Autonomous and works as a Primary benefit that all stakers get to enjoy and reap the rewards from.
There is nothing you as a Safuu 2.0 holder needs to do. You are automatically eligible when you stake into Any Staking Pool for any length of duration.
$100,000 from the Pinksale raised funds will be automatically allocated to the SHERIFF Principle.
The Capital Bank will be used by way of compounding returns, so as the BANK grows, so does it's lending power to generate even larger returns which are distributed to all Safuu 2.0 Stakers every 24 hours.
A "Claim" function will be enabled for your wallet when connected to the Safuu 2.0 dApp every 24 hours.
12 month stakers: 35.0% of pool
9 month stakers: 20.0% of pool
6 month stakers: 15.0% of pool
3 month stakers: 12.0% of pool
30 day stakers: 5.0% of pool
14 day stakers: 1.5% of pool
7 day stakers: 1.0% of pool
1 day stakers: 0.5% of pool
BANK retains: 10.0% of pool
(LOW) Example Starting with $100,000 Capital @ $500 (0.5%) generated revenue per day compounded for 30 days. $15,208.33 total profit where 90% ($13,687.497 is distributed to stakers and 10% ($1,520.833) is added to the BANK which now holds $101,520.33
(MEDIUM) Example Starting with $100,000 Capital @ $1,000 (1%) generated revenue per day compounded for 30 days. $30,416.67 total profit where 90% ($27,375.003) is distributed to stakers and 10% ($3,041.667) is added to the BANK which now holds $103,041.667
(HIGH) Example Starting with $100,000 Capital @ $2,500 (2.5%) generated revenue per day compounded for 30 days. $76,041.67 total profit where 90% ($68,437.503) is distributed to stakers and 10% ($7,604.167) is added to the BANK which now holds $107,604.167
The SHERIFF Principle is the Capital Bank which will be used to generate revenue through Flash Loans on the by using the lending platform. The initial $100,00 is the starting amount which Will Continuously Grow through the 5% Token Tax when traded on the market plus the lending investments through Flash Loans.
are paid out to all Stakers at regular daily intervals. Bonuses must be claimed by every Staker by the end of each day before the next day initiates. Any unclaimed bonuses are forfeited and burnt reducing token supply.
