👉Amount of dividends: the entire commission charged by SPHINX (100% of dividends)
👉Dividend Mode: individual initiative
👉Dividend Period: once a week
👉👉👉Dividend Rules：
Users can deposit the SPX held in their wallets into the dividend contract from every Monday 0:00 to Friday 12:00.
The SPHINX system will take a snapshot of the valid number of SPX deposited in each wallet at 12:00 every Friday, and calculate the percentage of dividend for each wallet address.
🐵Time to collect dividend income:
Every Friday 12:00 — Sunday 24:00, i.e. users have 2.5 days to collect their dividend rewards. If the user does not collect within the specified time, the income of that period will be included into the total dividend (dividend pool) of the next period, and will be used for the dividend distribution of the next.
👉👉Note
SPX cannot be deposited during the dividend collecting time. If you need to withdraw the SPX deposited in the dividend contract, please perform the SPX “withdrawal” operation after receiving the income. Otherwise, it will affect your actual dividend income.
😀😀The formula for calculating individual dividend income S is:
S = (Number of SPX deposited / Total number of SPX in circulation) * Total dividend for the week
There are two operations in the whole dividend collection process.
🐤Operation 1: Deposit the SPHINX held in your wallet into the dividend contract. The deposit process is as follows.
1. Every Monday 0:00 — every Friday 12:00, click [Income], enter the [My BNB Income] page.
2. Deposit the SPX held in your wallet into the dividend contract, the higher the proportion of SPX deposited to the total SPX circulation, the more dividend you will get.
3. Deposit process: first fill in the amount to be deposited, and then carry out [SPX Authorize] operation; after successful authorization, carry out [Deposit] operation, and deposit successfully.
🐤Operation 2：In the specified time of dividend collection, individual dividend income is collected on one’s initiative.
1. Collecting time: every Friday 12:00 — Sunday 24:00.
2. Click “Income” to enter the “My BNB Income” page.
3. Click the “Receive Income” button, send a transaction to trigger the dividend contract, and get the dividend income.
4. After the transaction is successfully packaged, the dividend income will be credited, and you can check the change of BNB balance in your wallet.
