Dear KuCoin Users,

　　The Wasted Lands will be available on BurningDrop from 10:00:00 on March 4, 2022 . Users can mine WAL by staking USDT/KCS/ETH assets. During the Burning Acceleration Period, users who have already staked can enjoy more WAL rewards by burning POL.

　　Participation Ways: Web / App

　　Products Details:Staking ProductsFixed Income Pool

　　USDT-FOR-WAL-20DPremium Pool

　　ETH-FOR-WAL-20DDeluxe Pool

　　KCS-FOR-WAL-20DWAL Distribution Coefficient11.21.5Hard Cap of Whole Platform4,500,000 USDT1,850 ETH288,500 KCSHard Cap of Single User2,000 USDT0.8 ETH120 KCS

　　Timeline and Rules:

　　Subscription Period: 2022/03/04 10:00:00 - 2022/03/04 22:00:00

　　Burning Acceleration Period: 2022/03/05 02:00:00 - 2022/03/05 14:00:00

　　Staking Period: 2022/03/05 16:00:00 - 2022/03/25 15:59:59

　　Issue Price: 1 WAL = 0.3 USDT

　　Total Amount of WAL: 2,000,000

　　Rewards Distribution: 5% of the WAL rewards will be distributed before WAL trading starts in the KuCoin Spot Market. The remaining 95% will be distributed in 5% batches every month after 4 months from the 1st distribution.

　　Calculation Method:

　　1) Users Initial Allocation F = ∑

　　e.g. Alice staked 50 KCS in the KCS-FOR-WAL-20D section and 0.1 ETH in the ETH-FOR-WAL-20D section. Assume that the price of KCS at the start of the Subscription Period is 13 USDT, and the price of ETH at the start of the Subscription Period is 3,400 USDT. Thus, Alices Initial Allocation will be:

　　50 1.5 13 + 0.1 1.2 3,400 =1,383

　　2) Accelerating Coefficient by burning POL, namely V = 0.18452 arctan + 0.207166085, wherein ε = Amount of the POL user burns / F

　　3) Single User Final Allocation after burning POL = F

　　4) F = F

　　User Final Rewards of WAL = Total Amount of WAL

　　Introduction of Project: The Wasted Lands is a gaming platform which includes puzzle, racing and other elements and also its own metaverse called ‘The Wasted-Verse.’

　　Notes:

　　1. Please note that users from Mainland China are not eligible to participate in this event.

　　2. 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.

　　3. Users need to be registered on KuCoin to join this BurningDrop activity.

　　4. 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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