DearKuCoinUsers,
BullBTCClub(BBC)willbeavailableonBurningDropfrom10:00:00onOctober20,2022(UTC).UserscanmineBBCbystakingUSDT/KCS/BTCassets.DuringtheBurningAccelerationPeriod,userswhohavealreadystakedcanenjoymoreBBCrewardsbyburningPOL.(AlltimesforthisannouncementrefertotheUTCtimezone)
ParticipationWays:Web/App
ProductsDetails:
StakingProductsFixedIncomePoolUSDT-FOR-BBC-20DPremiumPoolBTC-FOR-BBC-20DDeluxePoolKCS-FOR-BBC-20DBBCDistributionCoefficient11.21.5HardCapofWholePlatform1,000,000USDT65BTC156,000KCSHardCapofSingleUser2,000USDT0.1BTC250KCS
TimelineandRules:*SubscriptionPeriod:10:00:00onOctober20,2022-22:00:00onOctober20,2022*BurningAccelerationPeriod:23:00:00onOctober20,2022-09:00:00onOctober21,2022*StakingPeriod:10:00:00onOctober21,2022-09:59:59onNovember10,2022*IssuePrice:1BBC=0.015USDT*TotalAmountofBBC:20,000,000*RewardsDistribution:25%oftheBBCrewardswillbedistributedbeforeBBCtradingstartsintheKuCoinSpotMarket.Theremaining75%willbedistributedin15%batcheseverymonthfromthe1stdistribution.CalculationMethod:1)User’sInitialAllocationF=∑(IndividualstakingamountofthechosenStakingProduct*certainDistributionCoefficient*thepriceofstakedassetsinUSDTatthestartoftheSubscriptionPeriod)E.g.,Alicestaked50KCSintheKCS-FOR-BBC-20Dsectionand0.1BTCintheBTC-FOR-BBC-20Dsection.AssumethatthepriceofKCSatthestartoftheSubscriptionPeriodis13USDT,andthepriceofBTCatthestartoftheSubscriptionPeriodis19,000USDT.Thus,Alice’sInitialAllocationwillbe:
50*1.5*130.1*1.2*19,000=3,255
2)AcceleratingCoefficientbyburningPOL,namelyV=0.18452*arctan(20*ε-2.08)0.207166085,whereinε=AmountofthePOLuserburns/F3)SingleUserFinalAllocationafterburningPOL=F’4)F’=(V1)F
UserFinalRewardsofBBC=(F’/OverallFinalAllocation)*TotalAmountofBBC
IntroductionofProject:BullBTCCLUBisaHashrateserviceplatformintegratingbitcoinHashratedistributionandmultiplefinancialderivativesofBitcoin.BullBTCCLUBcooperateswithlargebitcoinminingpools,miningmachinemanufacturers,miningplants,andpowersuppliersaroundtheworldandserveswithBTCHashratemysterybox.HashrateNFT,BTCmachinegunpool,BTClending,andotherdiversifiedBTCfinancialderivativesbringuserssystematicBTCHashrateminingandfinancialderivativesvalue-addedservices.Notes:
1.PleasenotethatusersfromMainlandChinaarenoteligibletoparticipateinthisevent.
2.AsthenumberofburnedPOLincreases,therewardsofeachPOLburningmaygraduallydecrease.UserscanenterthenumberofburnedPOLontheburningpagetotesttheavailableaccelerationcomputingpower.Pleaseburnrationally.
3.UsersneedtoberegisteredonKuCointojointhisBurningDropactivity.
4.UsersconfirmthatparticipatinginthisactivityisvoluntaryandtheKuCoinGrouphasnotforced,interferedwith,orinfluencedtheuser'sdecisioninanyway.
5.ThisactivityisnotrelatedtoAppleInc.
RiskWarning:Cryptocurrencyinvestmentishighrisk.Itiscarriedout24/7withoutclosing.Pleasepayattentiontoinvestmentrisksbeforetakingpart.KuCoinhasastrictreviewprocessforonlineprojectsbutwillnotassumeanycompensationorotherresponsibilitiesforinvestmentbehaviors.Pleasebeawareofrelatedrisksandbecautiouswheninvesting.
Thanksforyoursupportandunderstanding!
TheKuCoinTeam
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