Hello! Defibox will start Swap market-making mining next week officially, with a total amount of 20 million BOX. The token release and market-making mining will start simultaneously. The following are detailed rules:
0.128 BOX is released every second, and the release ends in about 5 years. The specific distribution rules are as follows:
· 0.0896 BOX is released to the market-making mining pool for market-making mining
· 0.0288 BOX is released to the Foundation account to be used for product development, operation and promotion, team incentives, risk reserves, etc.
· 0.0096 BOX is released to Newdex account as a reward for Newdex fund-aid and support.
· Becoming a market maker to provide liquidity can get BOX incentives of market-making mining pool
· The BOX amount obtained by market-making mining per second = the proportion of the provided liquidity converted into EOS × 0.0896
For more details, please click to view "Defibox Whitepaper".
Thank you for your support and attention to Defibox!
July 24, 2020