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$NOVO Ameliorative Contract
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$NOVO Crypto's
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NovoPad Tiers
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NovoPad Referrals
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ISSUES & SOLUTIONS
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Novoos Team
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Safety Nets
APY Calculations
$NOVO APY math's
We calculate APY through the following way:
  • A = Total Accrued Amount (principal + interest)
  • P = Principal Amount
  • r = Rate of Interest for each epoch (3 seconds)
  • n = # of epochs
By this methodology our APY is set to 404,092% per year, Novoos uses a complex set of factors to support its price and the rebase rewards.
This also includes the $NOVO Allowance Fund (NAF) which serves as an insurance fund to achieve price stability and long-term sustainability of the Novoos Protocol by maintaining a consistent 0.000079% rebase rate paid to all $NOVO token holders EVERY 24 HOURS.
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