INTRODUCING ONFA SHARES: SHARE IN THE PROFITS OF THE ONFA ECOSYSTEM

In an effort to maximize the benefits system for investors in the ONFA platform after receiving a deal from a major partner to expand in Vietnam and increase the value of the ONFA TOKEN (OFT), the team of experts has officially launched the ONFA Shares feature on the application.

Jun 12, 2024 - 03:45
Jun 13, 2024 - 05:23
INTRODUCING ONFA SHARES: SHARE IN THE PROFITS OF THE ONFA ECOSYSTEM

Outstanding Features of ONFA Shares

Specifically, when participating in ONFA Shares, users will receive profit sharing from the ONFA wallet by owning OFTs. This profit comes from the platform selling NFTs and various fees such as swap fees or withdrawal fees, which can be up to 35% profit. Moreover, the more OFTs users accumulate, the higher the profit sharing percentage they will receive.

(*) OFTs are points used to participate in the profit sharing of Pool Management, which is calculated based on the lock-up time of ONFA Token (OFT).

For example

Assuming the ONFA platform generates a profit of 100 USD from NFT sales, all users participating in ONFA Shares will receive a 35% share of the profits, equivalent to 35 USDT. If there are 1,000 users in the Pool, the 35 USDT will be divided equally among all participants. Users who accumulate more OFTs will receive a larger share of the profit.

How to deposit ONFA to receive OFT points

  1. Access the ONFA Shares feature from the menu bar.

  2. On the ONFA Shares screen, scroll down to the Staking section and tap DEPOSIT to proceed with OFT deposit and view Pool parameters.

  3. Enter the amount of OFT you want to deposit.

  4. Select the desired Pool. The system will display the OFT lock-up time and the number of OFT points you will receive. 

(*) Currently, ONFA Shares offer Pools with terms of 30 days, 60 days, 90 days, 180 days, 365 days, 730 days, and 1460 days. The Pool term starts from the time you deposit OFT into the Pool.

How to withdraw OFT from ONFA Shares to the main wallet

You need to have the corresponding available OFTs to be able to withdraw OFT from ONFA Shares to the main wallet.

  1. On the ONFA Shares screen, scroll down to the Staking section and tap Withdraw to proceed with OFT withdrawal.

  2. Select the deposited investment package.

  3. Enter the amount of OFT you want to withdraw and tap WITHDRAW.

  4. The system will deduct the corresponding number of OFTs and transfer the ONFA Token (OFT) to your main wallet.

Note: All OFT withdrawal transactions before the due date will be charged a 20% fee.

Join ONFA Shares today and start earning rewards from the growth of the ONFA ecosystem!

For example

Assuming a user deposits 100 OFTs into a Pool with a 30-day term, they will receive 50 OFTs (at a rate of 1 OFT = 0.5 OFTs). The estimated reward will be 2.1926719 USDT.

Staking Info:

  • Staking: 50 OFTs

  • Your share: 0.02467141%

  • Estimated reward: 2.1926719 USDT

After 30 days, users can withdraw OFT from ONFA Shares to their main wallet without any fees. However, if they withdraw before 30 days, a penalty fee will be applied as follows:

Penalty Fee = 20% of OFT amount to withdraw

Example: If a user withdraws 100 OFT after 15 days, the penalty fee will be 20% of 100 OFT = 80 OFT.

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