NYA Treasury Update (Closed)

Transaction Details

Purpose: Temporary Loan for some LPs started before Nov 12, will be returned by Dev Fund on Dec 6.
Amount: 500,000 NYA Tokens
Destination: NYA Deployer, then to individual Rewards contracts (5)*
ETA: Nov 13, 2020 07:15:00 AM UTC+0

What’s going on?

There are some minor inaccuracies on the fees calculation for each Rewards. These fees only affects the Dev Fund; not the users’ funds. So now we’re forfeiting 100% of the Dev Fund so that there won’t be a single discrepancy.

Credits to one of our Nyanners in the telegram group

When would the loan be returned to the Treasury?

Since the Dev Fund can only receive all of the fees at the end of all of the LP pools, the magic date would be the latest date of all the LP created before. And that would be the ending date for the DRUGS-BNB pool, which is Dec 6 12PM UTC+0.

Dev Fund IOU Details

Loaned: 350,000 NYA

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Nyanswop

Nyanswop

Nyanswop is a decentralized protocol for automated liquidity provision on the Binance Smart Chain