PUMLx(PUMLX)willbeavailableonBurningDropfrom00:00:00onOctober3,2022(UTC).UserscanminePUMLXbystakingUSDT/KCS/ETHassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymorePUMLXrewardsbyburningPOL.(AlltimesforthisannouncementrefertotheUTCtimezone)
ParticipationWays:Web/App
ProductsDetails:
StakingProductsFixedIncomePoolUSDT-FOR-PUMLX-20DPremiumPoolETH-FOR-PUMLX-20DDeluxePoolKCS-FOR-PUMLX-20DPUMLXDistributionCoefficient11.21.5HardCapofWholePlatform1,800,000USDT1,200ETH270,000KCSHardCapofSingleUser2,000USDT1.2ETH200KCS
TimelineandRules:
*SubscriptionPeriod:00:00:00onOctober3,2022-06:00:00onOctober3,2022
*BurningAccelerationPeriod:07:00:00onOctober3,2022-13:00:00ononOctober3,2022
*StakingPeriod:16:00:00onOctober3,2022-15:59:59onOctober23,2022
*IssuePrice:1PUMLX=0.07USDT
*TotalAmountofPUMLX:3,000,000
*RewardsDistribution:50%ofthePUMLXrewardswillbedistributedbeforePUMLXtradingstartsintheKuCoinSpotMarket.Theremaining50%willbedistributedin25%batcheseverymonthfromthe1stdistribution.
CalculationMethod:
1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)
e.g.Alicestaked50KCSintheKCS-FOR-PUMLX-20Dsectionand0.1ETHintheETH-FOR-PUMLX-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
UserFinalRewardsofPUMLX=(F’/OverallFinalAllocation)*TotalAmountofPUMLX
IntroductionofProject:PUMLBetterHealthistheoriginalWeb3,move-to-earnplatformforCorporateWellness.PUMLspecializesinthemove-to-earn,fitness,andwellnessindustry.UsersarerewardedwithPUMLxtokensontheEthereumblockchainforcompletinghealthchallengessuchassteps,sleep,meditation,andmore.
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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