TIME Token Finance
  • Introduction
  • TIME Token + Tabs
    • 📄Tokenomics
    • ⏳Production (Time Tokenization)
    • 🤝Exchange
    • 👥Community Pool
    • ⚙️Employer
    • 💰Sponsor
    • 🍀Smarter
  • Time is UP (TUP) + Worker
    • 📄Tokenomics
    • 🤖Automatic Arbitrage with Flash Loan / Flash Swap
    • 📥Automatic Dividend Distribution
    • ⛓️Cross Chain Support
    • ⚡Flash Mint Support
    • 👷Worker
  • 🛣️Roadmap and Future Works
  • ⚙️Smart Contracts
Powered by GitBook
On this page

Was this helpful?

  1. Time is UP (TUP) + Worker

Automatic Dividend Distribution

The functionality of distributing resources to TUP token holders was previously mentioned. Here, we provide more details on how it works.

Any event that involves sending the native cryptocurrency token to the smart contract address of the TUP token will reserve this value for distribution among investors and Employer contract. But instead of directly distributing the value in the native token, the contract mints new tokens for TUP holders, proportionally.

This approach incentivizes investors to hold TUP in their wallets to earn rewards in native tokens, since they can exchange at any time. Additionally, the Employer contract can use its received resources to reward investors who deposit TIME tokens regularly. This serves as an incentive for investors while helps maintain the health of the ecosystem, liquidity in the TUP contract, and stable growth and development of its economy.

The mechanism's sole limitation is that, despite its automatic operation, its activation relies on interacting with the contract through the execution of transactions. Consequently, the next distribution of resources will occur only after sending if a transaction is carried out.

PreviousAutomatic Arbitrage with Flash Loan / Flash SwapNextCross Chain Support

Last updated 1 year ago

Was this helpful?

📥