ING:Socol (SIMP) Is Available on BurningDrop_SIMP

Socol(SIMP)willbeavailableonBurningDropfrom10:00:00onJanuary11,2023(UTC).UserscanmineSIMPbystakingUSDT/KCS/ETHassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymoreSIMPrewardsbyburningPOL.(AlltimesforthisannouncementrefertotheUTCtimezone)

ParticipationWays:Web/App

ProductsDetails:

StakingProductsFixedIncomePoolUSDT-FOR-SIMP-20DPremiumPoolETH-FOR-SIMP-20DDeluxePoolKCS-FOR-SIMP-20DSIMPDistributionCoefficient11.21.5HardCapofWholePlatform1,600,000USDT1,300ETH310,000KCSHardCapofSingleUser2,400USDT2ETH350KCS

TimelineandRules:

*SubscriptionPeriod:2023/1/1110:00:00-2023/1/1122:00:00

*BurningAccelerationPeriod:2023/1/1202:00:00-2023/1/1214:00:00

*StakingPeriod:2023/1/1216:00:00-2023/2/115:59:59

*IssuePrice:1SIMP=0.03USDT

*TotalAmountofSIMP:10,000,000

*RewardsDistribution:10%oftheSIMPrewardswillbedistributedbeforeSIMPtradingstartsintheKuCoinSpotMarket.Theremaining90%willbedistributedin15%batcheseverymonthfromthe1stdistribution.

CalculationMethod:

1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)

e.g.,Alicestaked50KCSintheKCS-FOR-SIMP-20Dsectionand0.1ETHintheETH-FOR-SIMP-20Dsection.AssumethatthepriceofKCSatthestartoftheSubscriptionPeriodis13USDT,andthepriceofETHatthestartoftheSubscriptionPeriodis3,400USDT.Thus,Alice’sInitialAllocationwillbe:

50*1.5*130.1*1.2*3,400=1,383

2)AcceleratingCoefficientbyburningPOL,namelyV=0.18452*arctan(20*ε-2.08)0.207166085,whereinε=AmountofthePOLuserburns/F

3)SingleUserFinalAllocationafterburningPOL=F’

4)F’=(V1)F

UserFinalRewardsofSIMP=(F’/OverallFinalAllocation)*TotalAmountofSIMP

Website:https://www.socol.io

Twitter:https://twitter.com/socol_io

Notes:

1.PleasenotethatusersfromMainlandChinaarenoteligibletoparticipateinthisevent.

2.AsthenumberofburnedPOLincreases,therewardsofeachPOLburningmaygraduallydecrease.UserscanenterthenumberofburnedPOLontheburningpagetotesttheavailableaccelerationcomputingpower.Pleaseburnrationally.

3.UsersneedtoberegisteredonKuCointojointhisBurningDropactivity.

4.Usersconfirmthatparticipatinginthisactivityisvoluntary,andtheKuCoinGrouphasnotforced,interferedwith,orinfluencedtheuser'sdecisioninanyway.

5.ThisactivityisnotrelatedtoAppleInc.

RiskWarning:Cryptocurrencyinvestmentishighrisk.Itiscarriedout24/7withoutclosing.Pleasepayattentiontoinvestmentrisksbeforetakingpart.KuCoinhasastrictreviewprocessforonlineprojectsbutwillnotassumeanycompensationorotherresponsibilitiesforinvestmentbehaviors.Pleasebeawareofrelatedrisksandbecautiouswheninvesting.

Thanksforyoursupportandunderstanding!

TheKuCoinTeam

FindTheNextCryptoGemOnKuCoin!

SignuponKuCoinnow!>>>

DownloadKuCoinApp>>>

FollowusonTwitter>>>

JoinusonTelegram>>>

JointheKuCoinGlobalCommunities>>>

标签：INGIONIMPSIMPSing To EarnVISIONMarge SimpsonSIMP价格

TRX热门资讯