LNSBT _ How does it work?

  1. USER A locks his NSBT in LNSBT smart contract.
    Contract reissues the same amount of LNSBT_.(. represents the block height for this round) and sends it to USER A
  2. LNSBT smart contract stakes the locked NSBT in NEUTRINO smart contract.
  3. NSBT staking rewards are regularly sent to LNSBT smart contract.
  4. LNSBT smart contract:
    Keeps WAVES rewards in the account,
    Stakes USDN, and EURN in NEUTRINO smart contract(s)
    “RUBN”, “CNYN”, “JPYN”, “UAHN”, “BRLN”, “GBPN”, “TRYN” rewards are sent to this function caller
  5. USDN and EURN staking rewards are sent to LNSBT smart contract.
    USDN and EURN rewards are staked in NEUTRINO smart contract(s) similar to step 4, together with NSBT rewards (explained in step 4).
  6. USER A freely exchanges LNSBT_. token with USER B
  7. At the end of the round, staked tokens (NSBT, USND, EURN) are unstaked.
  8. USER B unlocks NSBT from LNSBT smart contract with LNSBT_. he owns.
  9. USER A unlocks NSBT from LNSBT smart contract with LNSBT_. he owns.
  10. As only USER A locked NSBT to LNSBT smart contract, only USER A gets his locking rewards(WAVES, USDN, EURN) from the LNSBT smart contract after the cooling period(2880 blocks from the ending block).

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https://lnsbt.com

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