Hello! In order to increase the circulation of USN stable coin, Defibox will officially start USN generation mining at 09:00 (UTC) on August 14, 2020, with a total of 10 million BOX. The token release and USN generation mining will start simultaneously. The following is detailed rule description:
0.064 BOX is released every second, and the release ends in about 5 years. The specific distribution rules are as follows:
- 0.0448 BOX is released to the USN generation mining pool for USN generation mining.
- 0.0144 BOX is released to the Foundation account to be used for product development, operation and promotion, team incentives, risk reserves, etc.
- 0.0048 BOX is released to Newdex account as a reward for Newdex fund-aid and support.
- Staking EOS to generate USN can get BOX incentives of USN generation mining pool.
- The BOX amount obtained by generation mining per second = The proportion of your USN generation amount to the total USN generation amount of all users × 0.0448.
For more details, please click to view "Defibox Whitepaper".
Thank you for your support and attention to Defibox!
August 13, 2020