PSY TOKEN MINING CONTRACT

Psy Contract
Psy mining contract is a real life mining algorithm which provides investment opportunities with weekly ROI. The mining contract accepts waves and psy token for now as a means of payment. Capitals raised from the mining contract are basically used to run real life projects in housing, constructions and rental services. This mining contract is sponsored by psytax groups of company with each portion of the firms’ incomes and losses allowed to be mined. Psy mining contract is aimed at improving welfare of its holders or investors through collective efforts. The mining contract aimed at improving the token psy likewise mine waves and psy token altogether. The contract involves members to mine 1-∞% ROI on waves or psytoken invested in the project within a period of 7-20days at maxima but we will strive to make it weekly or within three days payment of ROI. The contracts will reward participants with 1-10% weekly for active participation. The contract involves members paying an application fee in waves along with monthly subscription fees of 50-200psy token. The contract includes rounds with maximum principals to be invested by each or collective members. The contract is basically built on trust and loyalty. Member’s % of ROI is basically relative to the total number of psy token held. The percentage on ROI is calculated thus:
Psy/100×20=Y/100=%ROI
Where:
Psy= the amount of Psy token held
Y= the amount of psy token held divided by 100 multiple by 30 or Psy/100×20
%ROI=refers to your percent to be received on your waves invested

HOW PSY MINING CONTRACT WORKS
In psy mining contract you need to pay a onetime payment of initiation fee which cost 1 waves (the first 2000 participants won’t be paying any application fee) and must hold at least 500 psy token, then you need to send an email stating total amount of waves you wished to invest, you waves wallet and total psy token hold after which a responding mail will be sent with details of how to invest your principal after which a confirmation email will be sent acknowledging your payment and within 7- 20days you would receive your principal and dividend. However we will try to reduce the days to receive ROI to at least three or less as the project grows stronger. After the first month membership fee of 200psy token will be paid monthly provided psy token price is below 0.0019waves once above the member or subscription fee becomes 100psy token which will further change to 50 psy token only when psy token price is above 0.00387waves and remain 50 psy token in relation to its price mentioned earlier. However annual payment will be 800psy token. You can track down your payment and all activities of Psy contract on:
https://airtable.com/invite/l?inviteId=invsq2okjMcqzak2n&inviteToken=a396f0315470e1785e7cf868c4418983d90b4aa2a3bbc1f40571ac93d350e23a
For example:
Mr A wants to participate in psy mining contract, and holds 2000psy token and fill the google form an email will be sent about payment for its contracts principal after which if he make a payment of 10waves will receive 6% ROI. I.e 2000/100×30=600/100=6. Mr A receives 0.6waves for the first week and 10.6 in the second week relative to the investment periods Mr A wished for, or he simply receives 10.6waves in the first week. In essences you receive ROI weekly.
Note:
Psy Mining Contracts has a reserve targeting the control of loss of participants principal this is why the Mining Contract will pay only 60% of its participant’s principal in case of liquidation or disasters. These reserves as being offer to financial institution with a good dividend percentage in form of time deposits with aim to keep building it up. The dev are in no way responsible for any errors or omission made during payment on waves platform. All members should be fully aware of risks associated blockchain technology. More so failure to meet any of the requirements will result to loss of funds
Procedures:
Send a mail stating your waves wallet, number of psy token hold and the amount of principal you wished to invest ([email protected]).
Reply a mail from [email protected] by
Carryout the instruction sent through the mail sent.
Sit back and enjoy your ROI.
Requirement:
Participant must hold at least 500psy token (subjected to changes)
Your ROI will only be paid to the corresponding waves wallet that sent the waves or psy token (principal).
Contact mining dev team through [email protected] for approvals before going ahead to make payments.
ROI is process within 3 to 7 days.
Non refundable application fee of 1 waves (first 1000 participants won’t be paying)
Monthly subscription fee of 100 Psy token (subjected to changes base on psy token price)
You still receive your daily waves bonus apart from your ROI. (Our daily bonuses isn’t paid for life, it would be stopped once we have at least 1000 participants in our psy mining contract.