SVT related questions
How can I obtain SNVault (SVT) token ?
There are two ways to obtain SVT : Farm it with SNBL via staking or buy it directly from Pancakeswap after listing.
What is the price of SVT ?
SVT will be listed directly on Pancakeswap at the price of approximately $0.36/SVT. The price changes with every buy/sell following the pancakeswap AMM protocol.
When will SVT be listed on Pancakeswap ?
SafeNebula team are thrilled to announce the launch of SVT token on Pancakeswap on 9th April 2021 at 3PM UTC.
What is the tokenomics of SVT ?
Total supply : 50,000 SVT
lnitial Circulating supply : 10,000 SVT
RFI static reward per transaction (automatically distributed to holders) : 4%
Treasury per transaction : 1% (Temporary store in the form of LP)
Maximum buy/sell limit per tx : 250 SVT
What is the interest of staking and how does it works ?
Users can stake their SNBL to earn SVT. Rewards are fixed at 0.33% daily.
Scenario A : Let’s say 1 SNBL = $10, 1 SVT = $100 ; If Jack stakes 100 SNBL, he will receives $3.33 worth SVT daily which is equivalent to 0.033 SVT
Scenario B : Let’s say 1 SNBL = $100, 1 SVT = $1 ; If Alan stakes 100 SNBL, he will receives $33.33 worth SVT daily which is equivalent to 33.33 SVT
Will there be any tax incurred on SNBL during staking ?
10.5% flat fees will be incurred when you're unstaking. (10% arise from the tokenomics of SNBL, 0.5% for contract withdrawal fees)
Let’s say Jack stacked 10 SNBL. He will get back 8.95 SNBL after unstaked
Is there any locking period for staked SNBL ?
Yes, the locking period is 72 hours.
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