About Bond

Do I need to own ST first when buying ST bonds?

No, you only need to own ST or any of the other designated tokens. When you buy, the Sealem smart contract will automatically transfer your purchase amount to the same amount of ST and other tokens such as BUSD, and add them to ST In the liquidity pool (LP) of , the LP TOKEN will be destroyed, and Sealem Lab cannot release the LP.

What is a Liquidity Pool (LP)?

Liquidity pools refer to pools of tokens locked in smart contracts. They facilitate transactions by providing liquidity. Taking ST-BUSD as an example, assuming that the first person to establish an LP invested 100 ST and 100 BUSD, then the market price of ST at this time is 1 BUSD, and subsequent users must invest the corresponding ST and BUSD in proportion to the current price to increase The depth of the pool, when the early capital pool is shallow, the price fluctuation of ST will fluctuate violently when transactions occur, but as the money in the capital pool increases, the price fluctuation of ST will become smaller and smaller. This is like if you throw a stone into a bowl, the water level in the bowl will rise significantly, but if you throw a stone into the sea, the water level will hardly rise.

How long is a bond cycle?

14 days.

How much will I be rewarded after one cycle? In what form?

After 14 days in a cycle, you will get your due gold standard amount of ST tokens, ST can be exchanged for other tokens instantly through exchanges. For example: you invest $100 and the interest rate is 10%, then after 14 days you will get ST tokens worth $110. But in reality, gas and purchase tax are also taken into account.

Why did I show less money after I bought bonds?

In addition to the gas of BNB Chain, we will also charge a certain tax. The initial tax is 1%. For every $1,000 purchased, the tax will increase by 0.1%, and the single wallet address will be capped at 10%.

Why can't I see the ST I have?

After getting ST for the first time, you need to add it to your decentralized wallet. After the ST token contract is added successfully, you will be able to see the ST tokens you own. The token contract is: 6F706319C46D1b28508E8e4bCaA59e47D15e028C.

After getting ST, how can I exchange it for BUSD or USDT?

You need to enter the decentralized exchange of BNB Chain, such as: PancakeSwap, select ST and BUSD to trade.

How are interest rates on bonds structured?

The interest rate of Sealem bonds is mainly composed of three parts: base interest rate + liquidity additional interest rate + invitation additional interest rate.

Base rate: 3%.

Liquidity additional interest rate: When the ST liquidity fund pool exceeds USD 10,000, the user interest rate increases by 0.01%.

Invitation Extra Interest Rate:

When the invitee buys a bond of USD 1,000, the inviter's bond interest rate increases by 0.1%.

When the amount of ST staked by the invited user reaches $1000, the inviter and the invited user will enjoy an additional bond interest rate of 0.1% at the same time.

The interest rate for a single wallet address is capped at 30%