LaunchX (LNCHX) BurningDrop — DAO Burning Rules
Dear Pool-X Users,
LaunchX (LNCHX) BurningDrop will step into the Burning Acceleration Period at 14:00:00 on May 13, 2021 (UTC). Users who have already successfully staked USDT/ETH/KCS assets can increase the computing power of LNCHX by burning DAO.
After the burning starts, users can check the relative changes of computing power on the Pool-X burning page.
The calculation methods are as follows:
*User Initial Allocation after staking = F
*Accelerating Coefficient by burning DAO, namely V = 0.18452 * arctan (1500 * ε - 2.08) + 0.207166085, wherein ε = Amount of the DAO user burns / F
*Single User Final Allocation after burning DAO = F’
*F’ = (V+1) F
User Final Allocation of LNCHX = (F’/ Overall Final Allocation) * Total Amount of LNCHX
Note:
*As the number of burned DAO increases, the income of each DAO burning may gradually decrease. Users can enter the number of burned DAO on the burning page to test the available accelerated computing power. Please burn rationally.
Thanks for your support!
The Pool-X Team
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