APY Backed by
Describing the Annual Percentage Yield backed by in detail.
As any token that came in circulation have to be backed with a liquidity, and more tokens can't just appear and have value, iDot Finance have implemented a solid mechanism that uses tax from trading volume to back the Proof of Hold Rewards (rebase rewards) when the supply of the BNB/IDOT pair is worth 2.5 percent of the total supply.
Weekly Rebase Pool ≥ Weekly ROI
Weekly Rebase Pool < Weekly ROIWeekly Rebase Pool + Obsidium Capital Funds ≥ Weekly ROI
As a result, every iDot token holder benefits from a self-equalizing mechanism that promotes consistent high returns over time.