DearKuCoinUsers,
Rev3al(REV3L)willbeavailableonBurningDropfrom10:00:00onJune28,2022(UTC).UserscanmineREV3LbystakingUSDT/KCS/ETHassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymoreREV3LrewardsbyburningPOL.(AlltimesforthisannouncementrefertotheUTCtimezone)
ParticipationWays:Web/App
ProductsDetails:
StakingProductsFixedIncomePoolUSDT-FOR-REV3L-20DPremiumPoolETH-FOR-REV3L-20DDeluxePoolKCS-FOR-REV3L-20DREV3LDistributionCoefficient11.21.5HardCapofWholePlatform1,500,000USDT1,600ETH227,000KCSHardCapofSingleUser2,000USDT2ETH200KCS
TimelineandRules:
*SubscriptionPeriod:2022/06/2810:00:00-2022/06/2822:00:00
*BurningAccelerationPeriod:2022/06/2902:00:00-2022/06/2914:00:00
*StakingPeriod:2022/06/2916:00:00-2022/07/1915:59:59
*IssuePrice:1REV3L=0.025USDT
*TotalAmountofREV3L:8,000,000
*RewardsDistribution:25%oftheREV3LrewardswillbedistributedbeforeREV3LtradingstartsintheKuCoinSpotMarket.Theremaining75%willbedistributedin25%batcheseverymonthfromthe1stdistribution.
CalculationMethod:
1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)
e.g.Alicestaked50KCSintheKCS-FOR-REV3L-20Dsectionand0.1ETHintheETH-FOR-REV3L-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
UserFinalRewardsofREV3L=(F’/OverallFinalAllocation)*TotalAmountofREV3L
IntroductionofProject:REV3ALisadigitalcopyrightprotectionandanti-counterfeitsolutionforartists,creators,andIntellectualPropertyownersinthedigitalandphysicalecosystems.REV3ALleveragesmultipleblockchaincapabilitiestoprovideitsnovelmulti-layerauthenticationandanti-counterfeitprotocol.Itallowsanyuser(creator,collector,ormarketplace)toverifytheauthenticityandoriginalityoftheircollection.REV3ALalsopreservesthevalueoforiginalpiecesbyfacilitatingverificationandflexibledigitalassetownershipmodels.
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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