The Kratos Genesis Token (KTSt) Distribution —Announcement of POL Burning Rule

Dear Pool-X Users,

The Kratos Genesis token (KTSt) Distribution is about to enter the burning acceleration stage. As BurningDrop’s first project, users who participated in the Kratos Genesis token (KTSt) Distribution through the KCS Staking round can improve the KTSt Accelerating Coefficient by burning POL.

The general rules are as follows:

1.POL Burning Acceleration Period: Starts at 20:00:00 on September 21, 2020 to 20:00:00 on September 24, 2020

1）User Initial Allocation after staking KCS = F

2）Accelerating Coefficient by burning POL = V

3）User Final Allocation after burning POL = F’

4）F’ = (V+1) F

5）V = 0.18542 * arctan (2.5 * ε - 2.08) + 0.207166085

6）ε = Amount of the POL user burns/F

The number of KTSt that users earn:

After taking the Accelerating Coefficient into calculation, if the Overall Final Allocation of the whole pool is less than or equal to 95,000,000 KTSt:

User Final Allocation of KTSt = F’

Or, after taking the Accelerating Coefficient into calculation, if the Overall Final Allocation of the whole pool is more than 95,000,000 KTSt:

User Final Allocation of KTSt = 95,000,000 / Overall Final Allocation * F’

2. After Accelerating Period ends, KTSt will be distributed to participants respectively on 2020/09/25 15:00:00 (UTC+8), then starts the Staking Period. 

Thank you for your support and understanding!

The Pool-X Team