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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
Compound Interest Equation
Mathematical equations of the $NOVO APY
Epoch: This is a specific period of time within a blockchain network.
A = P (1 + r) ^n
We have: r = 0.000079%
3 second = 1 epoch
1 year = 10512000 epochs
Therefore:
A = P(1 + 0.00000079)^{10512000} = P(1+4040.9265)
Meaning:
APY =(A/P -1)*100 =404092.65\%
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The same applies to all other time periods:
A MONTH = P(1+0.00000079)^{20*60*24*30}=P(1+0.9789367)
A WEEK = P(1+0.00000079)^{20*60*24*7}=P(1+0.1726474)
A DAY = P(1+0.00000079)^{20*60*24}=P(1+0.02301279)
AN HOUR = P(1+0.00000079)^{20*60}=P(1+0.00094844)
A MINUTE = P(1+0.00000079)^{20}=P(1+0.00001580)
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Full Breakdown:
0.000079% per block (3 seconds)
0.001580% per minute
0.094844% per hour
2.301279% per day
17.26474% per week
97.89367% per month
404.092.65% per year (APY)
$NOVO rewarded EVERY 24 HOURS will reward 2.3% daily (404,092.65% APY, 0.000079% per block).
The Novoos project divides the rewards into smaller portions and gives these rewards every 24 hours based on percentage of an investors $NOVO holdings.
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