Hello Everyone! We have an exciting new feature coming your way shortly!
Twisted Nodes are about to consume your every waking thought, disseminate through the DeFi space and will be rolling out faster than you can say “Based Labs just keep on building. Twisted Nodes LFG!” 😏
In order to help with healthy locking, distribution and steady growth of whole ecosystem we are opening up Twisted Nodes on $SMELT. As many of you will already know — nodes lock up set amounts of tokens for longer periods in order to produce greater rewards. In the near future we will open this up to other projects so they can thrive and gain traction with their own assets!
Twisted Nodes will have various sizes each locking up a greater amount of tokens. Node size only changes ROI time, not returns at all! APRs are guaranteed for lower bracket and there is no limit for higher brackets!
Twisted Node Sizes:
All Node length — 1 year
Short Node (2 $SMELT) — ROI in 120 days
Medium Node (1 $SMELT) — ROI in 180 days
Long Node (0.5 $SMELT) — ROI in 240 days
Twisted Nodes will be the safest, most risk free nodes you’ve seen so to date. Traditional nodes pay out in the same asset that you deposit, which exposes investors to risk in case that asset depreciates in price by the time node pays out your ROI. We want to introduce you our nodes which give investors an opportunity to invest with no risk associated.
How Does It Work?
At the time of your purchase of the node we register the actual $ Value of your investment! You purchase our node — it starts paying you back the same asset you deposited until you have the same amount of this asset that you spent on this node (ROI in asset amount, not necessarily value).
‘What’s the trick’ you ask? After you get your asset back (ROI), your node starts paying you the $ Value that we registered at time of purchase of your node. In addition, you can choose from a list of tokens you want to get your aprs in! ☑️
Example 1:
You choose node size — LONG NODE (0.5 $SMELT) (ROI in 240 days)
You choose reward token — USDC At time of your purchase 0.5 $SMELT = $500 ($ Value)
Your node starts paying you back $SMELT and will end up paying you back your 0.5 $SMELT in 8 months.
After 8 months, when you have your 0.5 $SMELT in your wallet, your node will start paying you in USDC the remaining $500 Value during next 4 months (Total 1 Year Node: 12 months — 8 months (ROI) = 4 months)
Example 2:
You choose node size — SHORT NODE (2 $SMELT) (ROI in 120 days)
You choose reward token — FTM At time of your purchase 2 $SMELT = $2000 ($ Value)
Your node starts paying you back $SMELT and will end up paying you back your 2 $SMELT in 4 months.
After 4 months, when you have your 2 $SMELT in your wallet, your node will start paying you in FTM the remaining $2000 value during next 8 months (Total 1 Year Node : 12 months — 4 months (ROI) = 8 months)
Example 3:
You choose node size — MEDIUM NODE (1 $SMELT) (ROI in 180 days)
You choose reward token — $SMELT At time of your purchase 1 $SMELT = $1000 ($ Value)
Your node starts paying you back $SMELT and will end up paying you back your 1 $SMELT in 6 months.
After 6 months, when you have your 1 $SMELT in your wallet, your node will start paying you in $SMELT the remaining $1000 value during next 6 months (total 1 year node : 12 months — 6 months (ROI) = 6 months)
We will be running oracles to ensure that investors get their initial deposited value back during the AFTER ROI period. The value of volatile tokens always change, so we will be recalculating the overall value paid to investor every time you claim your rewards. If the value of the reward asset goes up in price drastically and you claimed your reward, the node will calculate and track the $ Value paid out to investor (this may actually shorten the initial value payout time depending on the asset you chose and it’s $ Value price changes!) 🔥
In Summary — Investors can purchase Nodes risk free, they are going to receive initial purchase value back in any reward token they choose, they can hodl the free $SMELT they get back as a moon bag or investors can sell it any time they wish!
Keep your eyes on our Socials (https://linktube.com/basedlabs) for more information and the release of our Twisted Nodes….
