Bonus for Early Users

If a person decides to leave the system, they should burn the BonkCover NFT. Upon leaving, the user will receive their initial payment to the system back.

Example Scenario :

Frank decided to buy Plan 2 and paid $500 worth of BONK to claim the BonkCover NFT. After the first month, he is going to receive $125.8 worth of BONK, calculated as (2×34)÷(1÷1.85)=125.8$ worth $BONK.

Before the second month’s payment, Frank decided to leave the BonkCover insurance service. Upon burning the NFT, Frank will get his initial $500 payment back.

What did Frank earn?

Frank saved $750 worth of assets with only a $125.8 payment.

This plan is only for early users.