to start mining PNUT through the TSTEEM deposit, it is a new era of capital saving in Steem community
As we know, converting STEEM to STEEM POWER will not only have the right to upvote, vote for witness & DAO proposals, but we can also share the 15% of STEEM added every year. If the amount of STEEM you hold remains unchanged while the STEEM in the system continues to increase, your STEEM may depreciate due to inflation.
After traditional banks attracting depositors to save their money, they will lend out part of the funds to earn income and pay for the interests of the depositors. Banks use reserves to deal with daily exchanges. The legal reserve ratio of large Chinese financial institutions is 18.5% and the average reserve ratio of the United States is about 2%. The setting of the deposit reserve ratio not only solves the daily redemption problem of depositors, but it also allows financial institutions to manage assets for depositors in a better way, which will lead to appreciation.
Deposit TSTEEM to mine PNUT is a similar product. The reserve ratio is as high as 90% and this investment is to obtain income steadily by delegating SP.
The logic of deposit TSTEEM to mine PNUT is as follows:
90% of the reserve ratio ensures that users can retrieve TSTEEM from the pool at any time and convert it into STEEM with a ratio of 1:1 across the chain. 10% of steem will be delegated to nutbox.mine and 10% of the income from PNUT is transferred to TSTEEM risk fund account to deal with the run risk. 90% of the revenue from PNUT will be distributed to the users that use TSTEEM to mine PNUT. At present, the annualized rate of return is 5.4% - 18%.
Deposit TSTEEM to mine PNUT can help you to make a profit with your idled STEEM in your account. Actions speak louder than words. Follow these steps to get involved.
1.Enter nutbox.io in Chrome or Firefox and sign in to your Steem and Tron accounts using Steem Keychain and Tronlink wallets.
2.Go to the wallet page, tap cross-chain transfer, enter the number of STEEM and convert it to TSTEEM in the ratio of 1:1.
3.Enter the staking mining page to authorize the TSTEEM STAKE mining contract.
4.Tap Stake, enter the number of TSTEEM in the pop-up window and then tap confirm.
5.Start mining PNUT and enjoy the benefits.
We will further optimize the product to make your experience better.
一、Chrome或Firefox浏览器中输入 nutbox.io ，使用Steem Keychain和Tronlink钱包，登录您的Steem和Tron账户。