FarmBit
  • Welcome!
  • General Info
    • FarmBit Pool
      • Overview
        • Subscription
        • Pool Receipt (NFTs)
        • Unsubscription
      • Business Pools
        • Pool Status
      • How to subscribe
      • Pool Receipt (NFTs)
      • Yield Calculator
      • APY Guide
    • What we do
      • Our Strategy
      • Profit Sharing
    • FMB Token
      • Tokenomics
      • Where to buy FMB
  • Others
    • Governance
    • FAQs
    • Security
    • Roadmap
    • Our Values
    • The Team
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  1. General Info
  2. FarmBit Pool

Pool Receipt (NFTs)

Once you subscribe, you will automatically receive an NFT as a receipt representing your subscription to that pool. This NFT holds the value of your subscription and your expected yield. You can choose to sell your NFT at any time.

Unsubscription

To unsubscribe, you simply have to wait for the asset maturity and click on the "unsubscribe" button on your NFT. You will automatically receive your subscribed FMB tokens and yield in BSUD (Stable coins). You will be charged a standard unsubscription fee in FMB tokens.

Note: Your tokens will be locked according to the asset maturity. But, you can sell your NFT at any given point, which will allow the new owner of the NFT to claim subscribed tokens and yield at asset maturity. This is where FarmBit NFT Marketplace comes in handy. It should be ready by the second quarter of 2022, in accordance with our roadmap.

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Last updated 3 years ago

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