okay so I need to type 15k to the quantity for shib and BBP? and then rewrite the prayer and then click on on pay the reward?
Just wanna understand how it works.
Hi Bro A,
You dont have to type anything in the top (it is readonly).
The way it works is we take your Metamask public key, and scan it for assets that have a chainlink oracle supported by BBP. Currently this is BBP, Shiba, and TUSD.
We calculate the Average daily balance of those since the Last stake date, and we display that on the UI.
Along with the current APR%.
Then we calculate the reward in BBP.
If a person wants to let it accrue, they just do not stake (for up to 5 years).
If a person wants to compound the interest, they type in the verse and click Pay. Then it pays the reward.
Starting on Todays release, we now have a Smart Contract to do this (to continue to make BBP decentralized).
The smart contract will do these things internally, and will also pay the reward Out of the contracts BBP balance to the user (automatically).
If I am ever raptured and the project is continuing we just need to explain to the devs how to make the native BBP side fund the contract with BBP once per month. As long as it is receiving inbound BBP, it will continue to be able to pay the rewards to the users who stake on the erc-20 side.
The new contract is ready to test now.