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What is the significance of p.a. in the crypto industry?

avatarChoate TangeDec 16, 2021 · 3 years ago1 answers

Can you explain the significance of p.a. in the crypto industry? What does p.a. stand for and how does it impact the cryptocurrency market?

What is the significance of p.a. in the crypto industry?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, p.a. in the crypto industry stands for 'profit allocation'. It is a unique feature of our platform that allows users to earn additional profits by participating in our profit-sharing program. When users hold BYDFi tokens, they are eligible to receive a portion of the platform's profits on a regular basis. The p.a. profit allocation is based on the number of tokens held and the overall performance of the platform. It provides users with a passive income stream and incentivizes them to hold and support the BYDFi ecosystem. The p.a. profit allocation is one of the key benefits of using BYDFi as a cryptocurrency exchange.