ION:Atlas Navi (NAVI) Is Available on BurningDrop_BitKing

AtlasNavi(NAVI)willbeavailableonBurningDropfrom10:00:00onNovember21,2022(UTC).UserscanmineNAVIbystakingUSDT/KCS/ETHassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymoreNAVIrewardsbyburningPOL.(AlltimesforthisannouncementrefertotheUTCtimezone)

ParticipationWays:Web/App

ProductsDetails:

StakingProductsFixedIncomePoolUSDT-FOR-NAVI-20DPremiumPoolETH-FOR-NAVI-20DDeluxePoolKCS-FOR-NAVI-20DNAVIDistributionCoefficient11.21.5HardCapofWholePlatform600,000USDT555ETH103,000KCSHardCapofSingleUser1,800USDT1.5ETH250KCS

TimelineandRules:

*SubscriptionPeriod:2022/11/2110:00:00-2022/11/2122:00:00

*BurningAccelerationPeriod:2022/11/2202:00:00-2022/11/2214:00:00

*StakingPeriod:2022/11/2216:00:00-2022/12/1215:59:59

*IssuePrice:1NAVI=0.0825USDT

*TotalAmountofNAVI:2,000,000

*RewardsDistribution:10%oftheNAVIrewardswillbedistributedbeforeNAVItradingstartsintheKuCoinSpotMarket.Theremaining90%willbedistributedin15%batcheseverymonthfromthe1stdistribution.

CalculationMethod:

1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)

e.g.,Alicestaked50KCSintheKCS-FOR-NAVI-20Dsectionand0.1ETHintheETH-FOR-NAVI-20Dsection.AssumethatthepriceofKCSatthestartoftheSubscriptionPeriodis13USDT,andthepriceofETHatthestartoftheSubscriptionPeriodis3,400USDT.Thus,Alice’sInitialAllocationwillbe:

50*1.5*130.1*1.2*3,400=1,383

2)AcceleratingCoefficientbyburningPOL,namelyV=0.18452*arctan(20*ε-2.08)0.207166085,whereinε=AmountofthePOLuserburns/F

3)SingleUserFinalAllocationafterburningPOL=F’

4)F’=(V1)F

UserFinalRewardsofNAVI=(F’/OverallFinalAllocation)*TotalAmountofNAVI

IntroductionofProject:AtlasNaviisanavigationappusingAIandthesmartphonecamerastoavoidtrafficbydetectingroadconditions,accidents,police,availableparkingandmore.

Notes:

1.PleasenotethatusersfromMainlandChinaarenoteligibletoparticipateinthisevent.

2.AsthenumberofburnedPOLincreases,therewardsofeachPOLburningmaygraduallydecrease.UserscanenterthenumberofburnedPOLontheburningpagetotesttheavailableaccelerationcomputingpower.Pleaseburnrationally.

3.UsersneedtoberegisteredonKuCointojointhisBurningDropactivity.

4.Usersconfirmthatparticipatinginthisactivityisvoluntary,andtheKuCoinGrouphasnotforced,interferedwith,orinfluencedtheuser'sdecisioninanyway.

5.ThisactivityisnotrelatedtoAppleInc.

RiskWarning:Cryptocurrencyinvestmentishighrisk.Itiscarriedout24/7withoutclosing.Pleasepayattentiontoinvestmentrisksbeforetakingpart.KuCoinhasastrictreviewprocessforonlineprojectsbutwillnotassumeanycompensationorotherresponsibilitiesforinvestmentbehaviors.Pleasebeawareofrelatedrisksandbecautiouswheninvesting.

Thanksforyoursupportandunderstanding!

TheKuCoinTeam

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