[ANN] The New Feature Of Share Conversion Between Nu Lagoon Pools

Liquidity Pools
#1

Dear community,

We are happy to announce the new feature of share conversion between NuLagoon Pools.

To submit a pool share conversion order, participant send 0.001BTC or 0.1NBT from the account address to the deposit address of the pool which participant would like to convert to. The manager will convert shares of all the pools into shares of destination pool at the accounting day.

The calculation of conversion will be:The number of shares of destination pool = the number of shares of source pool * NAV of source pool / NAV of destination pool.

Thank you.

The NuLagoon manage team

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#2

@henry,
how many days takes for a withdraw or conversion to occur?

#3

They will occur at next accounting day when NAV is calculated.

1 Like