ION:Mystery SUI Ecosystem Project with BurningDrop_Nam Coin

DearKuCoinUsers,

ThefirstSUIEcosystemprojectwithBurningDropwillbeavailablefrom10:00:00onMay6,2023(UTC)!

Duringthesubscriptionperiod,KCSandSUIstakingpoolswillbeopenedforalluserstosubscribe.DuringtheBurningAccelerationPeriod,userswhohavealreadysubscribedcanchoosetoburnPOL(thenativetokenofKuCoinEarnPlatform)tominemoreairdropsforthisevent.

WewilldisclosemoredetailedprojectinformationarounditslistingonKuCoin.

Timeline:

SubscriptionPeriod:10:00:00onMay6,2023to18:00:00onMay6,2023(UTC)BurningAccelerationPeriod:20:00:00onMay6,2023to02:00:00onMay7,2023(UTC)StakingPeriod:02:00:00onMay7,2023to01:59:59onMay27,2023(UTC)ParticipationWays:Web/App

ProductsDetails:

StakingProductsPremium-KCS-PoolDeluxe-SUI-PoolAirdropTokenDistributionCoefficient11.2HardCapofWholePlatform187,500KCS1,400,000SUIHardCapofSingleUser350KCS2,000SUI

RewardsDistribution:20%ofthetokenairdroprewardswillbedistributedbeforeitstradingstartsintheKuCoinSpotMarket.The20%ofthetokenairdroprewardswillbedistributedinthesecondmonth,andtheremaining60%willbedistributedin30%batcheseverymonthfromthe2nddistribution.

CalculationMethod:

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

e.g.Alicestaked50KCSintheKCSPooland100SUIintheSUIpool.AssumethatthepriceofKCSatthestartoftheSubscriptionPeriodis$8,andthepriceofSUIatthestartoftheSubscriptionPeriodis$10.Thus,Alice’sInitialAllocationwillbe:

50*1*8100*1.2*10=1,600

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

3)SingleUserFinalAllocationafterburningPOL=F’

4)F’=(V1)F

UserFinalAirdropRewards=(F’/OverallFinalAllocation)*TotalAmountofAirdropAllocation

Notes:

1.AsthenumberofburnedPOLincreases,therewardsofeachPOLburningmaygraduallydecrease.UserscanenterthenumberofburnedPOLontheburningpagetotesttheavailableaccelerationcomputingpower.Pleaseburnrationally;

2.UsersneedtoberegisteredonKuCointojointheBurningDropactivity;

3.Usersneedtoconfirmthatparticipatinginthisactivityisvoluntary,andtheKuCoinGrouphasnotforced,interferedwith,orinfluencedtheuser'sdecisioninanyway;

4.ThisactivityisnotrelatedtoAppleInc.

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

Thanksforyoursupportandunderstanding!

TheKuCoinTeam

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