Joules is a self sustainable smart contract.
Joules works by paying dividends out to it's stake holders.
When you Deposit Atheios to the contract you are issued joules(stake). Overtime you will be issued dividends, you can either claim or reinvest your earnings. If you claim your dividends the ATH will be sent to your address. But if you reinvest your dividends you will will recieve more joules(stake) which will yield to a higher dividends payout.
The fees allow for dividends payouts to be sustainable.
*Deposit fee: Amount/(100/7) = deposit fee - (14.28%)
*Withdrawal fee: Amount/(100/4) = withdrawal fee - (25%)
*Stake Calculation: stakeValue + ((100/7)/totalstake)
*TotalStake is calculated by: totalstake issued + Stake increment
Joules gives you the opportunity to grow your investment by reinvesting your dividends that recieve (which increases your overall stake)= higher dividend payouts or you could look at it as passive income where you'd just claim your dividends and do what you wish with them. The possiblities are endless.
Use this to send ATH to the Joules contract.
This will send your dividends to your ATH wallet address.
This will send your dividends directly back to the contract.
This will take out your ATH out of the contract.(Minus withdrawal fee)
Yes there is!
If you have any Questions feel free to reach out to me and/or Dylie on discord @Trimo#5265 & @Dylie#8480