19 February 2025
Homnifi Report - 19 February 2025 - Key Updates and Upcoming Launches
Last updated
Homnifi Report - 19 February 2025 - Key Updates and Upcoming Launches
Last updated
Homnifi has introduced a revised Membership Logic to enhance user benefits and ensure seamless upgrades:
Users with Active $39 Membership:
If expiry is less than 365 days → They can purchase a $60 membership and convert their remaining days into a Distributor.
If expiry is greater than 365 days → They can purchase the $99 membership and become Distributors, with the expiry date adjusted pro-rata.
The NodeK minting protocol has been updated to incorporate:
Revised All-Time High (ATH) weighted average logic
Dynamic Level Price (DLP) logic
These enhancements improve the efficiency and rewards structure of the NodeK ecosystem.
Users can now view ATH and DLP calculations directly in their NodeK rewards section. This provides a better understanding of how rewards are calculated, helping make informed decisions about their linking.
During the festive season, Homnifi offered an Extra Promotion as part of our Christmas celebration. Participants who engaged in this promotion have received additional rewards, reflecting our appreciation for your continued support and involvement in the Homnifi community.
Homnifi now supports on-chain deposits for:
Bitcoin (BTC)
Solana (SOL)
USD Coin (USDC)
Binance Coin (BNB)
This update provides users the ability to get USDK using multiple assets.
sLYK Staking Migration: All sLYK staking activities have been moved to Homnifi.
Claim Functionality Activated: Users can now claim their sLYK stakes directly to their sLYK wallets.
Tomocat Balances Migration: All Tomocat balances are now migrated from Rampstarter to Homnifi.
Tomocat to mLYK Conversion: Users can swap Tomocat for mLYK and use it for linking in NodeK machines.
Homnifi implemented the Debit Wallet balance system to correct discrepancies in user accounts. This measure addresses issues such as incorrect token conversions and staking duration anomalies, ensuring accurate balances and maintaining system integrity.
A Debit Wallet balance has been applied to certain user accounts due to adjustments made to reflect accurate balances. If you see a Debit Wallet balance, it could be due to one of the following reasons:
Tokens were incorrectly converted during certain transactions from CloudK, leading to excess LYK-W claims that required correction.
A staking duration issue on Wallek allowed premature claims, requiring adjustments to restore accurate balances. You will have a debit in your account in case you withdrew any of these amounts.
A system discrepancy on Wallek enabled unintended claims of sLYK, which have now been adjusted accordingly.
If you had multiple duplicate transactions processed from Journey Bridge you will have a debit wallet balance USDK KAL -> USDK-W.
The amount added to the Debit Wallet is deducted from any withdrawals made - whether External Withdrawals, Internal Transfers, or Reward Claims - until the Debit Wallet balance becomes 0. This ensures that adjustments are gradually accounted for through regular transactions.
USDK Linking Program Launch – We are excited to launch a new linking program for USDK, offering additional rewards.
CloudK on Homnifi with unlock Option – We are moving the CloudK program within Homnifi, Users will soon be able to claim locked tokens within CloudK on Homnifi.
Extra Promotional Rewards for Shipped Machines – More rewards are coming for users who will have their machines shipped to their locations.
We are committed to delivering continuous improvements and a rewarding experience for all Homnifi users. Stay tuned for more updates!