5.5.6. Payment Periods

The pool size of a savings group is the total amount paid to a group participant in each period. In Nexspecto savings groups, each participant has to make the payment, which is shared equally among all participants according to the size of the pool, within the specified period of each period.

For example, in a savings group with a pool size of 10,000 USDT and 10 participants and each period set to 30 days, users will pay 1000 USDT in each period and a different participant will receive 10,000 USDT savings in each period.

For each savings group on the Nexspecto platform, payment periods will be determined by the platform, taking into account the pool size of the savings group and the number of participants.

Each savings group participant must fulfill its payment obligation within 90% of a payment period. If a payment period is set as 30 days, the participant has to make the payment for that period until the end of the 27th day. If the participant does not make the payment, they will be subject to sanctions.

The group and payout periods will end after all savings group participants have received their savings payments.