TemDAO(TEM)willbeavailableonBurningDropfrom10:00:00onDecember23,2022(UTC).UserscanmineTEMbystakingUSDT/KCS/ETHassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymoreTEMrewardsbyburningPOL.(AlltimesforthisannouncementrefertotheUTCtimezone)
ParticipationWays:Web/App
ProductsDetails:
StakingProductsFixedIncomePoolUSDT-FOR-TEM-20DPremiumPoolETH-FOR-TEM-20DDeluxePoolKCS-FOR-TEM-20DTEMDistributionCoefficient11.21.5HardCapofWholePlatform2,000,000USDT2,000ETH476,000KCSHardCapofSingleUser2,000USDT2ETH350KCS
TimelineandRules:
*SubscriptionPeriod:2022/12/2310:00:00-2022/12/2322:00:00
*BurningAccelerationPeriod:2022/12/2402:00:00-2022/12/2414:00:00
*StakingPeriod:2022/12/2416:00:00-2023/1/1315:59:59
*IssuePrice:1TEM=0.01USDT
*TotalAmountofTEM:50,000,000
*RewardsDistribution:20%oftheTEMrewardswillbedistributedbeforeTEMtradingstartsintheKuCoinSpotMarket.Theremaining80%willbedistributedin20%batcheseverymonthfromthe1stdistribution.
CalculationMethod:
1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)
e.g.,Alicestaked50KCSintheKCS-FOR-TEM-20Dsectionand0.1ETHintheETH-FOR-TEM-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
UserFinalRewardsofTEM=(F’/OverallFinalAllocation)*TotalAmountofTEM
Website:https://temdao.io/
WhitePaper:https://docs.temdao.io/english/
Twitter:https://twitter.com/TemDAO_info
Telegram:https://t.me/temdaoio
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
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