Subscription Interval: 00:00:00 on October 3, 2022 – 06:00:00 on October 3, 2022 (UTC)
PUMLx (PUMLX) shall be accessible on BurningDrop from 00:00:00 on October 3, 2022 (UTC). Customers can mine PUMLX by staking USDT/KCS/ETH property. Through the Burning Acceleration Interval, customers who’ve already staked can take pleasure in extra PUMLX rewards by burning POL. (All instances for this announcement seek advice from the UTC time zone)
|Staking Merchandise||Fastened Earnings Pool
|PUMLX Distribution Coefficient||1||1.2||1.5|
|Onerous Cap of Complete Platform||1,800,000 USDT||1,200 ETH||270,000 KCS|
|Onerous Cap of Single Person||2,000 USDT||1.2 ETH||200 KCS|
*Subscription Interval: 00:00:00 on October 3, 2022 – 06:00:00 on October 3, 2022
*Burning Acceleration Interval: 07:00:00 on October 3, 2022 – 13:00:00 on on October 3, 2022
*Staking Interval: 16:00:00 on October 3, 2022 – 15:59:59 on October 23, 2022
*Subject Worth: 1 PUMLX = 0.07 USDT
*Complete Quantity of PUMLX: 3,000,000
*Rewards Distribution: 50% of the PUMLX rewards shall be distributed earlier than PUMLX buying and selling begins within the KuCoin Spot Market. The remaining 50% shall be distributed in 25% batches each month from the first distribution.
1) Person’s Preliminary Allocation F = ∑(Particular person staking quantity of the chosen Staking Product * sure Distribution Coefficient * the value of staked property in USDT at first of the Subscription Interval)
e.g. Alice staked 50 KCS within the KCS-FOR-PUMLX-20D part and 0.1 ETH within the ETH-FOR-PUMLX-20D part. Assume that the value of KCS at first of the Subscription Interval is 13 USDT, and the value of ETH at first of the Subscription Interval is 3,400 USDT. Thus, Alice’s Preliminary Allocation shall be:
50 * 1.5 * 13 + 0.1 * 1.2 * 3,400 =1,383
2) Accelerating Coefficient by burning POL, particularly V = 0.18452 * arctan (20 * ε – 2.08) + 0.207166085, whereby ε = Quantity of the POL person burns / F
3) Single Person Remaining Allocation after burning POL = F’
4) F’ = (V+1) F
Person Remaining Rewards of PUMLX = (F’ / General Remaining Allocation) * Complete Quantity of PUMLX
Introduction of Challenge: PUML Higher Well being is the unique Web3, move-to-earn platform for Company Wellness. PUML specializes within the move-to-earn, health, and wellness trade. Customers are rewarded with PUMLx tokens on the Ethereum blockchain for finishing well being challenges reminiscent of steps, sleep, meditation, and extra. The PUMLx token will broaden into client move-to-earn house by permitting customers to earn thrilling rewards, stake PUMLx and unlock much more utility with PUML’s upcoming WearX Genesis NFT assortment.
1. Please word that customers from Mainland China usually are not eligible to take part on this occasion.
2. Because the variety of burned POL will increase, the rewards of every POL burning could progressively lower. Customers can enter the variety of burned POL on the burning web page to check the accessible acceleration computing energy. Please burn rationally.
3. Customers must be registered on KuCoin to affix this BurningDrop exercise.
4. Customers affirm that taking part on this exercise is voluntary, and the KuCoin Group has not pressured, interfered with, or influenced the person’s determination in any method.
5. This exercise just isn’t associated to Apple Inc.
Danger Warning: Cryptocurrency funding is excessive threat. It’s carried out 24/7 with out closing. Please take note of funding dangers earlier than collaborating. KuCoin has a strict assessment course of for on-line tasks however won’t assume any compensation or different duties for funding behaviors. Please pay attention to associated dangers and be cautious when investing.
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