1. Deposit FTM
The total amount of FTM you send to the platform is calculated in real time. Represents the total initial investment capital.
2. POI Divident
POI stands for Proof of Investment. It is a dividend or reward sharing mechanism implemented in Octo Protocol.
How POI Dividends work: 15% of total investment deposits are added to the POI pool. Whenever a user withdraws or receives a reward, the POI reward will be calculated based on their token holdings of the total tokens at the time the pool is updated, the user has a token balance Larger newspapers will be entitled to receive larger rewards in the POI pool.
In short, POI dividends aim to reward token holders with a portion of their deposits based on the strength of their holdings at the time the new pool is created, helping to maintain the reward model over the long term .
3. Level Divident
Level Dividends refer to the referral bonus rewards that users can earn on multiple levels of their referral network.
How Level Dividends work: When a user refers a new user, it becomes a Level 1 referral. And that new user can refer someone else to become a Level 2 referral for the original user, continue to Level 7. Whenever the Level 1 or Level 2 referrals deposit funds, the original user gets a bonus percentage as a Level Dividend from those deposits.
So, Level Dividends allow users to earn referral deposit bonuses from multiple levels of referrals in their downline. More levels referred to means more dividend income streams. This helps incentivize users to build their referral networks wider and deeper.
4. Direct Business
Direct Business is the total amount of investment deposits that have been referred directly by a specific downline.
How Direct Business works: When User A refers User B and provides his referral link, the investment deposit made by User B becomes "Direct Business" of User A. This is because User A directly referred User B and is therefore responsible for his trading/depositing activities. As User B deposits more money over time, User A's direct business will continue to increase.
Tracking the live business volume associated with each of these users will encourage them to attract more entry-level referrals into the system.
5. Team Business
Team Business is the total amount of direct and indirect investment deposits from downlines under user referrals through their entire referral team structure.
How Team Business works: When User A refers User B, User B's deposit is User A's "Direct Business". Now, User B refers User C, the User C's deposits are considered "Indirect Business" of User A. Now the indirectly referred User C can further refer User D, User E, etc.
Deposits from all users referred directly or indirectly under User A (like User B, User C, User D, etc.) are counted as User A's "Team Business".
So, Team Business = Total deposits from all direct referrals + their indirect downline referrals under one user. It represents the total business volume generated by the user's overall referral team structure directly and indirectly.
6. Total Team
Total Team is the total number of users registered directly or indirectly under a specific referral structure. Total Team counts all users referred directly or indirectly by First Users, according to their referral structure at all levels.
This Total Team helps motivate users to further expand their own referral group by indirectly attracting more members through their own referrals.
7. Total Withdraw
Total Withdraw is the total amount of money that has been withdrawn from the platform by users during its lifetime.
It calculates the total amount of FTM that all users withdrew when they earned interest from referral income, dividends or OCTO token holdings. FTM withdrawals are based on Octo Protocol rules and this is tracked to calculate the net amount remaining for operations, dividends, etc.
8. Current Supply
In the Octo platform, "Current Supply" refers to the total amount of OCTO tokens currently in circulation and held by various token holders.
Some key points about Current Supply:
a. It represents the OCTO tokens that have been minted, minus the verifiable amount that has been burned.
b. The total supply generated through mining may be larger but all tokens may not enter circulation immediately. They are kept in reserve.
c. As users buy more tokens, they participate in the active circulation process. When users spend or sell OCTO tokens, the current supply will decrease.
d. Having a flexible Current Supply ensures a balanced token system and adjustable prices.
So in essence, Current Supply = Total OCTO Minted - OCTO Burned - OCTO Locked. It provides real-time snapshots of freely traded OCTO among platform participants at any given time.
9. My Wallet
In the Octo Protocol, "My Wallet" refers to a personal wallet account linked to a user's identity. Your personal crypto wallet allows you to track balances, receive/transfer OCTO tokens, FTM and act as a gateway to interact with decentralized platforms.
It is very important to always keep your wallet key and password secure to avoid losing funds. Use only trusted wallet service
10. Team Withdraw
Team Withdraw is the amount of FTM that users withdraw from their accumulated referral earnings bonus. Allows users to cash out a portion of the FTM - rewards they have earned from building their own referral system on the Octo Protocol platform.