Hello! Defibox swap mining will be updated at 04:00 (UTC) on November 13, 2020. At the same time, a new batch of liquidity pool swap mining activities will be launched. Details are as follows:
- In addition to supporting EOS-included liquidity pools, Defibox swap mining will support USDT-included or USN-included liquidity pools;
- Swap mining rules remain unchanged. If there is a liquidity pool that includes USDT or USN with swap mining weight, a single transaction amount will be converted to EOS according to the real-time price, and then the number of mining times will be calculated and BOX reward will be transferred;
The list of newly added swap mining liquidity pools and mining weights are as follows:Transaction mining rules:
(Please pay attention to the activity period of the liquidity pool.)
Transaction mining rules:
When the transaction mining weight of a certain liquidity pool > 0, the smart contract releases BOX every second for the transaction mining of the liquidity pool and accumulates to the corresponding transaction mining pool. The detailed rules are as follows:
- Different liquidity pools correspond to different transaction mining pools, and the BOX balance of each transaction mining pool does not affect each other;
- The released BOX amount per second obtained by a certain transaction mining pool = the basic release amount 0.01 BOX * 70% * the transaction mining weight of the liquidity pool;
- 1EOS ≤ single transaction amount＜2EOS, automatic mining once, and get 0.01% of BOX balance of corresponding transaction mining pool;
- Single transaction amount ≥ 2EOS, automatic mining multiple times, and mining times = transaction amount rounded;
Example: A single transaction amount of 10.0126EOS in the EOS+USDT liquidity pool, then 10.0126 is rounded to 10, it is automatically mined 10 times, and so on.
- During multi-path swap, it will automatically mine multiple times according to the above rules;
The BOX rewards obtained by transaction mining will be sent to your account in real time without claiming it.
Friendly reminder: Anyone can list token freely on Defibox Swap and can create a liquidity pool. Please be aware of the possible risks.
Thank you for your support and attention to Defibox!
November 13, 2020