▪️$LOCK Staking and Burns
Burns
40% is used to fund buybacks of $LOCK which is burnt.
40% of capital allocated earned from commissions and allocated to weekly distribution is used to fund buybacks of $LOCK which is burnt.
20% of LOCK Tokens earned from Staking Withdrawal Penalty Fees are also burnt on a regular basis.
Staking
10% of capital earned from commissions and allocated to weekly distribution is used to fund staking.
Our staking program has been discontinued as of November 10th.
Your funds and rewards remain secure in the smart contract and are available for withdrawal whenever you choose, without penalty.
Thank you for being part of our staking program. We appreciate your ongoing support of Houdini Swap.
Need help withdrawing? Contact our support team via live chat or telegram.
$LOCK that was previously allocated to staking will now be allocated to the buyback-and-burn program instead.
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