Treasury
Novai Finance offers a basket of funds to guarantee Novai's full redemption.
Fund Basket for Novai Coverage:
Treasury Mechanism: Protection and Rewards
Fund Allocation to Treasury: When users participate in Bonstake, 50-80% of the funds are allocated to Novai Finance's treasury to protect user investments. If losses occur, the treasury initiates an automatic liquidation process. Specifically, if the $Novai token staked by a user increases eightfold from the lowest Ordi price in a single day, the treasury compensates the user's loss to ensure fund safety.
Leader Rewards System:
Leader Tier Classification: As the number of direct and indirect referrals increases, leaders are automatically categorized from N1 to N6. Monthly staking rewards are allocated based on a vote initiated by the treasury, with all staking participants having the right to vote. If over 50% approve, the treasury distributes rewards.
Reward Mechanism: Rewards are distributed based on treasury voting results, encouraging active community participation and platform development while ensuring leaders are appropriately rewarded for their contributions.
Hedging Funds
Purpose: Used to buy back and burn $Novai tokens to reduce market circulation, increasing scarcity and stabilizing prices. This mechanism effectively prevents token inflation and maintains long-term value stability.
Measures: When the market price of $Novai falls below $1, a smart contract automatically triggers a buyback using insurance funds. These repurchased tokens are deposited into the treasury, reducing market supply and supporting the price of $Novai.

Last updated