The Noah Dividends Program Starts On 1st September

Why did we decide to launch Noah Dividends?

Schedule of Noah Dividends

  1. Non-citizens and Green Card owners will only receive dividends for 2020 (throughout the year), from September 2020 to August 2021.
  2. Standard Citizens and above will receive dividends for 2020, 2019 and 2018 but only if they didn’t receive them yet.
  3. The payments will be made at a rate of 20% per year in 12 instalments, once a month.
  4. The dividends payments for 2020 will start in September 2020 and run till September 2021.
  5. Dividends for 2019 will be paid from September 2021 to September 2022.
  6. Dividends for 2018 will be paid from September 2022 to September 2023.
  7. There is no need to apply for dividends once again for future years if you already did it for 2020.

Rules for Noah Dividend usage

  1. Dividends will be accrued as unstaked NOAHP coins.
  2. Dividends can be transferred to the exchange or withdrawn. However, if dividends are withdrawn from the Noah Custody Wallet, you will be eliminated from the program and no more payments will be accrued.
  3. If a holder has pulled out of the program, they must apply once again to restore their participation by submitting an application after they buy/upgrade citizenship level.
  4. If you have been eliminated from the dividends program and want to re-join it, you need to buy back and hold the missing amount within 20 days.
  5. You can receive bigger dividends if you would buy NOAH coins on the exchange and hold them in your wallet. But if you sell them — you will also be eliminated from the program.
  6. Dividends can be spent on: paying for a Green Card or 50% of any other citizenship; or for Delegation. In these cases, you will remain in the Dividends program with the rest of your funds and get Citizenship income on the top as your bonus that can be withdrawn.
  7. Income accrued with the help of dividends (citizenship or Delegation profits) can be spent at your discretion.
  8. Dividends cannot be withdrawn directly. But, for example, you can buy citizenship and you can withdraw the income it brings.

Noah Dividends calculation example

  1. Let’s imagine you have 1000 NOAHP. Which is your total balance for the whole dividends year.
  2. 20% of 1000 NOAHP is 200 NOAHP — you will get these 200 NOAHP over 12 months.
  3. This is 16.6 NOAHP (or 1.66%) per month.
  4. Once you get the first payment, your total balance will change to 1016.6 NOAHP.
  5. Next month you will get 1.66% FROM 1000 NOAHP but NOT FROM 1016.6 NOAHP. (Dividends do not add up to the total balance)
  6. So you will be getting 16.6 NOAHP every month. This process is similar to the banking interest.
  7. Optionally, you can purchase EXTRA 1000 NOAHP and add them to your existing 1000 NOAHP, so it is equal to 2000 NOAHP. Now you will get 1.66% of 2000 NOAHP, which is 33,2 NOAHP monthly.
  8. You can add as many new NOAH coins as you want to boost your dividends!

FAQ

  1. You must top-up your balance with the exact amount (or higher) in NOAHP that you have withdrawn/spent.
  2. You must purchase/upgrade Noah Citizenship.
  1. You must top-up your balance with the exact amount (or higher) in NOAHP that you have withdrawn/spent.
  2. You must purchase/upgrade Noah Citizenship.

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