1. The Estimated Reward is a value gauged as per hourly calculation, which can usually be earned on specific campaigns (e.g. Wagyu VIP, Referral, Coupon, etc.).
2. The Estimated Reward consists of two varieties: ➀ Reduction in incentive fees upon maturity vs. ➁ Accrual of interest upon maturity
- Reduction in incentive fees upon maturity:
- The area of the Estimated Reward will show the relevant string: Via Coupon / Via Referral Code / Wagyu VIP / Renewal Offer, _____% reduction in incentive fees upon maturity, when you will receive the reward which is incentive fees on this portfolio * %reduction in incentive fees.
📍Example:
Suppose you subscribe to Portfolio A with 30% of the return as incentive fees (using interest earned on the portfolio as the calculation basis), and you are rewarded with a 10% reduction in incentive fees owing to specific campaigns/activities.
Suppose again the return on your investment upon maturity is 100 USDⓢ. Originally, it requires 30 USDⓢ as incentive fees, so the extra reward would be 30 USDⓢ * 10% = 3 USDⓢ, i.e. only 90% of the original incentive fees are charged or, namely, only 30% * ( 1 - 10% ) = 27% of the return are charged as incentive fees.
- The area of the Estimated Reward will show the relevant string: Via Coupon / Via Referral Code / Wagyu VIP / Renewal Offer, _____% reduction in incentive fees upon maturity, when you will receive the reward which is incentive fees on this portfolio * %reduction in incentive fees.
- Accrual of interest upon maturity:
- The area of the Estimated Reward will show the relevant string: Via Coupon / Via Referral Code / Wagyu VIP / Renewal Offer, _____% reduction in incentive fees upon maturity, when you will receive the reward which is interest on this portfolio * %accrual of interest.
📍Example:
Suppose you subscribe to Portfolio A with 15% of the principal as the Original APY, and you are rewarded with a 1% accrual of interest owing to specific campaigns/activities.
Suppose again the return on your investment upon maturity is 100 USDⓢ. Because the Referral Code is applied, the extra reward would be 100USDⓢ * 1% = 1USDⓢ, i.e. the APY is 15% * ( 1 + 1% ) = 15.15%.
- The area of the Estimated Reward will show the relevant string: Via Coupon / Via Referral Code / Wagyu VIP / Renewal Offer, _____% reduction in incentive fees upon maturity, when you will receive the reward which is interest on this portfolio * %accrual of interest.
3. The optimum offer/discount will automatically apply when you subscribe to a portfolio. Note that there will be NO cumulative effect of applying multiple offers.
4. The Estimated Reward will be settled per hour and can be collected upon maturity or redemption. Note that there will be no Estimated Reward for any early redemption.