Mechaverse(MM)willbeavailableonBurningDropfrom10:00:00onNovember2,2022(UTC).UserscanmineMMbystakingKCS/MCassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymoreMMrewardsbyburningMC.(AlltimesforthisannouncementrefertotheUTCtimezone)
ParticipationWays:Web/App
ProductsDetails:
StakingProductsPremiumPoolKCS-FOR-MM-20DDeluxePoolMC-FOR-MM-20DMMDistributionCoefficient11.5HardCapofWholePlatform400,000KCS2,000,000MCHardCapofSingleUser250KCS5,000MC
加拿大银行：尽管被机构采用，加密货币仍具有很高的风险:加拿大银行周四发布了其金融体系审查报告，该报告概述了最重要的金融风险和经济脆弱性。作为审查的一部分，中央银行特别关注了加密货币，指出加密货币的波动性是加拿大金融体系的一个新兴脆弱点：“投机性需求引起的价格波动仍然是广泛接受加密资产作为支付手段的重要障碍。尽管机构对加密资产的兴趣日益广泛，但由于难以确定其内在价值，它们仍被视为高风险。”[2021/5/21 22:30:24]
TimelineandRules:
*SubscriptionPeriod:2022/11/0210:00:00-2022/11/0222:00:00
*BurningAccelerationPeriod:2022/11/0302:00:00-2022/11/0314:00:00
*StakingPeriod:2022/11/0316:00:00-2022/11/2315:59:59
*IssuePrice:1MM=0.01USDT
*TotalAmountofMM:40,000,000
*RewardsDistribution:50%oftheMMrewardswillbedistributedbeforeMMtradingstartsintheKuCoinSpotMarket.Theremaining50%willbedistributedin25%batcheseverymonthfromthe1stdistribution.
CalculationMethod:
1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)
e.g.,Alicestaked50KCSintheKCS-FOR-MM-20Dsectionand1,000MCintheMC-FOR-MM-20Dsection.AssumethatthepriceofKCSatthestartoftheSubscriptionPeriodis13USDT,andthepriceofMCatthestartoftheSubscriptionPeriodis0.2USDT.Thus,Alice’sInitialAllocationwillbe:
50*1*131,000*1.5*0.2=950
2)AcceleratingCoefficientbyburningMC,namelyV=0.18452*arctan(20*ε-2.08)0.207166085,whereinε=AmountoftheMCuserburns/F
3)SingleUserFinalAllocationafterburningMC=F’
4)F’=(V1)F
UserFinalRewardsofMM=(F’/OverallFinalAllocation)*TotalAmountofMM
IntroductionofProject:Mechaverseisasubsidiarygame-fiprojectofMechaverseLabs,aJapaneseWeb3entertainmentplatformwithvariousformsofgamelikeAutoChess,BattleRoyale,3DFighting,sandbox,conquestandUFOCatcher,etc.MechaverseisaMeta-DimensionalStrategyGame-FiinTheEraofWeb3,withtheNFTauthorizationofvariouswell-knownJapaneseIPs.
Notes:
1.PleasenotethatusersfromMainlandChinaarenoteligibletoparticipateinthisevent.
2.AsthenumberofburnedMCincreases,therewardsofeachMCburningmaygraduallydecrease.UserscanenterthenumberofburnedMContheburningpagetotesttheavailableaccelerationcomputingpower.Pleaseburnrationally.
3.UsersneedtoberegisteredonKuCointojointhisBurningDropactivity.
4.Usersconfirmthatparticipatinginthisactivityisvoluntary,andtheKuCoinGrouphasnotforced,interferedwith,orinfluencedtheuser'sdecisioninanyway.
5.ThisactivityisnotrelatedtoAppleInc.
RiskWarning:Cryptocurrencyinvestmentishighrisk.Itiscarriedout24/7withoutclosing.Pleasepayattentiontoinvestmentrisksbeforetakingpart.KuCoinhasastrictreviewprocessforonlineprojectsbutwillnotassumeanycompensationorotherresponsibilitiesforinvestmentbehaviors.Pleasebeawareofrelatedrisksandbecautiouswheninvesting.
Thanksforyoursupportandunderstanding!
TheKuCoinTeam
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