Dora Factory (DORA) Is Available on BurningDrop
KUCOIN
ประเภทที่เกี่ยวข้อง: Others
2021-06-02 11:42
Dear KuCoin Users,
Dora Factory (DORA) will be available on BurningDrop from 10:00:00 on June 2, 2021 (UTC). Users can mine DORA by staking USDT/KCS/DORA assets. During the Burning Acceleration Period, users who have already staked can enjoy more DORA rewards by burning POL (All times for this announcement refer to the UTC time zone)
Participation Ways: Web / App
Products Details:Staking ProductsFixed-Income Pool
USDT-FOR-DORA-20DPremium Pool
DORA-FOR-DORA-20DDeluxe Pool
KCS-FOR-DORA-20DDORA Distribution Coefficient11.21.5Hard Cap of Whole Platform1,200,000 USDT140,000 DORA240,000 KCSHard Cap of Single User1,000 USDT100 DORA160 KCS
Timeline and Rules: (Go to BurningDrop)
Subscription Period: 2021/06/02 10:00:00 - 2021/06/03 10:00:00
Burning Acceleration Period: 2021/06/03 14:00:00 - 2021/06/04 14:00:00
Staking Period: 2021/06/04 16:00:00 - 2021/06/24 16:00:00
Total Amount of Distribution: 10,000 DORA
Rewards Distribution: All DORA rewards will be issued on June 7
To qualify for the rewards that will be issued on June 7, participants need to complete the following:
1) Follow @DoraFactory and @DoraHacks on Twitter
2) Follow Medium https://dorafactory.medium.com/ and https://hidorahacks.medium.com/
3) Follow Dora Factory's official WeChat account
4) Join DoraFactory TG group and PentaLaunch TG group
5) Like Dora Factory's tweet about KuCoin starts BurningDrop and tag at least two friends in the comment area
6) Visit and understand HackerLink and PentaLaunch
Calculation Method:
1) User’s Initial Allocation F = ∑(Individual staking amount of the chosen Staking Product certain Distribution Coefficient the price of staked assets in USDT at the start of the Subscription Period)
e.g. Alice staked 50 KCS in the KCS-FOR-DORA-20D section and 500 USDT in the USDT-FOR-DORA-20D section. Assume that the price of KCS at the start of the Subscription Period is 11 USDT. Thus, Alice’s Initial Allocation will be:
50 1.5 11 + 500 1 1 =1,325
2) Accelerating Coefficient by burning POL, namely V = 0.18452 arctan (80 ε - 2.08) + 0.207166085, wherein ε = Amount of the POL user burns / F
3) Single User Final Allocation after burning POL = F’
4) F’ = (V+1) F
User Final Allocation of DORA = (F’/ Overall Final Allocation) Total Amount of DORA
Introduction of Project: Dora Factory is a programmable, multi-chain DAO-as-a-Service open infrastructure. Crucial schemes like quadratic voting, bonding curve fundraising, all cool features regarding on-chain governance can be built on this infrastructure as pallets by the developers, and they can be rewarded in a SaaS model when DAOs launched on Dora Factory deploy them.
Notes:
1. As the number of burned POL increases, the rewards of each POL burning may gradually decrease. Users can enter the number of burned POL on the burning page to test the available acceleration computing power. Please burn rationally.
2. Users need to be registered on KuCoin to join this BurningDrop activity.
3. Users confirm that participating in this activity is voluntary, and the KuCoin Group has not forced, interfered with, or influenced the user's decision in any way.
Risk Warning: Cryptocurrency investment is high risk. It is carried out 24/7 without closing. Please pay attention to investment risks before taking part. KuCoin has a strict review process for online projects, but will not assume any compensation or other responsibilities for investment behaviors. Please be aware of related risks and be cautious when investing.
Thanks for your support and understanding!
The KuCoin Team
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