SAVING & STAKING PLAN

Premise : Linework is an autonomous means made available to those who use and appropriate it to easily access the various DeFi, Decentralized Finance services. Linework being an autonomous technological "means," it is considered that those who use it, do so in knowledge of the risks and advantages that such technology offers. The operating system being autonomous, hooks you to the vare existing and native marketplaces while maintaining the privacy, security of the assets forfeited in the user's own wallets and under their own responsibility.

Linework, in this regard, does not report data or collect transaction data such that Linework has no knowledge of the assets a user has in their App and no way of knowing. The system is designed to protect both the user and Linework Inc. against the authority of the country in which you make use of Linework's services.

In this regard, we are to remind you that Linework does not collect user geolocation data and that the anonymity guaranteed by a DeFi or DEX system is maintained to all intents and purposes. For anything, the user has ongoing control of their assets and operational management, profitability and the amount deposited on the various products offered by Linework.

For staking and saving services Linework charges a platform fee of 3 percent net of deposited capital.

The LWC, USDT or ETH coin staking and saving program is now active. From now on you can deposit your Coins on a saving or staking wallet and secure continuous passive income unencumbered and for different durations. The more you leave your capital in saving or staking, the more it will relate to you. As a general rule, your passive income (percentage depending on the plan you choose) is free and directly reclaimed to your internal wallet at each monthly maturity.

Your USDT or LWC earned each month is free and you can re-invest or spend it as you choose. You have 4 bands of passive income : 30 days | 90 days | 180 days | 360 days. Each band allows you a higher yield. The more you leave capital the higher your passive income.

Staking performs a similar function to mining, that is, it is a process by which a network participant is selected to add the last set of transactions to the blockchain, earning cryptocurrency in return.

Saving performs a crypto account deposit function within the special Linework wallet that guarantees passive income due to the nature of the asset being deposited. And comparable to a post office deposit account or passbook for example : for 100 € deposited one year on the deposit wallet you have proceeds 8% per year, or 8€. On a classic account you would have earned nothing, rather the management fees of your account would have decreased your capital to 0 and you would have enriched the bank rather than yourself.

How much do you earn from staking? The return you can get from staking can vary greatly depending on multiple factors such as, for example, the type of staking you choose, the platform you use, and the cryptocurrency you invest in. In general, however, a minimum/average return of 5 percent can be considered.

Those who want to invest in cryptocurrencies, and in particular decentralized finance (Defi), often face terms that are unclear. Some of these are part of the basis of investing as well as the crypto industry and therefore should be studied and understood before doing anything.

In fact, the wrong approach of many investors is to operate platforms right away without knowing the basics. Specifically, APY refers to Annual Percentage Yield or the compound annual interest rate of an investment.

APY stands for Annual Percentage Yield and represents the annual rate of interest (or return) earned on an investment taking into account compound interest.

Compound interest means an interest rate that takes into account gains that are reinvested (compounding) immediately along with the initial investment.

It is a type of return that thus differs from simple interest, which represents the annual rate calculated without any reinvestment.

If, for example, I have a simple interest of 10% and invest €100, I will earn a fixed 10% every year. With compound interest, on the other hand, that 10% is reinvested and in this way the balance of the investment grows over time and therefore the interest consequently increases as it is calculated on an ever-increasing amount.

We have seen that APY is different from APR in that it takes into consideration another factor which is called compound interest or compound interest.

In this case, the accrued interest is added to the principal and thus generates other interests that add up to form compound interest.

Initial investment: €10,000

APR = 10%

Year 1: 10,000€ (principal) + 1000€ (10% APR for the first year) = 11,000€.

Year 2: 11,000€ (principal) + 1100€ (10% APR for the second year) = 12,100 €

In this case compounding i.e. interest is reinvested 1 time per year and the principal grows year by year.

But what if there are multiple periods when the principal is reinvested? For example, what happens if it is reinvested every month? That is when another important concept comes into play, namely frequency.

Another parameter also comes into play in the calculation of APY, which is Compound Frequency, or the frequency with which interest is calculated and added to principal. We saw an example where interest was calculated every year. But if this frequency becomes short the compound interest tends to increase.

This happens because the accrued interest is counted and added to the principal, which becomes higher and higher in a short period of time.

And this only increases the interest. We can have crypto platforms where interest is calculated every day for example. Or we can have Defi protocols where interest is calculated every 8 hours.

Suppose instead that the interest is calculated every month and reinvested. If I have an APR of 10% applying the formula I would therefore have: monthly interest or Periodic rate P = 0.1 / 12= 0.0083 APY = (1+ 0.1/12)^12 -1 = 10.471% at the end of the first year I would therefore have Capital invested = € 11047

Depending on the duration for which you decide to bind your coins, you therefore get a different benefit.

The maturities applied by Linework range from 30 days to 360 days decomposed into 4 plans : 30 days, 90 days, 180 days and 360 days. At the end of each maturity you receive your interest (liquid in case of SAVING or in LWC in case of STAKING of LWC).

With your LWCs you can enjoy, within the Linework app, via your internal wallet.

Pre-requisite : Your LWC or USDT must be imported within your wallet using the "PAY IN" procedure under Banking. To import your coins, you must do the operation through your Chrome browser with the Metamask extension or from your wallet provider.

As soon as you have your LWCs inside the app, for free and without network fees you have to transfer to the @lwstaking_official ad-hoc deposit wallet the amount you decide. You will find a trace of your transaction on it under "transaction history" :

The duration of staking is automatically set to 365 days. It is possible to request release after 30 days, 90 days or 180 days after the transaction via ticket within the Help Center. At the time when release is not requested, the higher duration is maintained.

Monthly interest disbursement is made automatically, without the need to make a request. All staking profiles (30, 90, 180, 365 days) can be subscribed to a maximum of once a year per user.

Transaction tracking is visible in the Transaction History section available in the Banking - Wallet section of each profile.

With your USDT or ETH you can henceforth earn an annual passive income of 8 percent. Instead of depositing yours in a classic bank deposit account that yields 0, you can from now on, with no amount constraints, get passive income at maturity.

For that you simply have to import your USDT or ETH into your internal wallet or buy some in the "ramp" item of your app :

As soon as you have your USDT or ETH inside the app, for free and without network fees you have to transfer to the @lwsaving_official ad-hoc deposit wallet the amount you decide. You will find about it the trace of your transaction under "transaction history" :

The duration of the saving is automatically set to 365 days.

Monthly interest disbursement is made automatically, without the need to make a request.

Transaction tracking is visible in the Transaction History section available in the Banking - Wallet section of each profile.

If you have any questions, do not hesitate to open a ticket in the appropriate section of your App from the Help center. One of our operators will get back to you within 1 business day.

Enjoy and be your Freedom !

Linework non è una banca e non offre prodotti di investimenti.

La possibilità di accedere ai programmi di staking è dovuto alla Blockchain e non ad un operazione bancaria.

Il saving in USDT o ETH segue la stessa metodologia ed è garantito dalla Blockchain (timestamp) e sotto controllo di Linework.

Le garanzie sono offerte dalla Blockchain e del timestamp al momento della transazione interna.