Due to operating mechanism, Basis Gold official website data shows that BAGS staking holders have no BAG dividends for the 20th day. The MXC BAGS staking is consistent with the yield on the chain. MXC receives 100% of the revenue on behalf of the user, without any additional fees, and bears the risk of impermanent loss for the users due to the reduction of the principal. The MXC mining pool will use the profit of the project to offset the impermanent losses that may occur during the token staking period; if the profit is not enough to offset, all losses will be paid by the MXC pool’s reserve fund on behalf of the users to protect the user’s principal from impermanence loss erosion.
Users can deposit BAGS at any time and participate in BAGS staking to receive BAG reward. The specific operation and dividend mechanism can be queried on the project's official website: https://basisgold.cc/#/
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