NUCN Token Update, Just BUY and HODL

Since the establishment of the NUCN community, we have received a lot of feedback from our friends in the community, hoping that we can have more product updates. The NUCN team attaches great importance to and treasures the suggestions of community members. Therefore, we have updated the FOMO product with the following details:

Synthesis Mining System

In our earliest INTRO on the synthesis, synthesis is the way to mine the NUCN and is divided into several stages. Therefore, we are now about to go online for the first stage of synthesis mining.

Total Mining Supply：2,500,000

Mining Difficulty

Mining Difficulty: To mine 1 NUCN, d USD synthesizing volume is needed.

difficulty(d) = Ceiling(100*(Mined Token + 1)/Total Token, 1)

Mining Efficiency

Mining Efficiency: For 1 USD synthesizing volume, e(efficiency) NUCN will be mined.

R: Rate of inflation. R is a variable parameter in the contract, and its value will be determined mainly through community governance in the future. But now, it’s initial value is 1.

efficiency = R*2.5*0.9^( difficulty-1)

NUCN Synthesis Mining Model

Basically, the difficulty increases along with the {p} percentage of the mined token. It will jump for every 1 percent of all token mined.

Buff

1. 0U < Synthesis Volume <=10U, -8%~2% random buff
2. 10U < Synthesis Volume <=20U, -6%~4% random buff
3. 20U < Synthesis Volume <=30U, -4%~6% random buff
4. 30U < Synthesis Volume <=40U, -2~8% random buff
5. Random buff of Synthesis Volume > 40U 0%~10%

Bonus

Each mining in Synthesis of NUCN has an additional incentive. Bonus = V * R

V: Volume of last synthesis of NUCN

R: Bonus ratio; The R increases from 1% to 10%, and a new cycle begins after R equals to 10%.

For example:

The 1st mine, no bonus.

The 2nd mine, get 2% bonus of the volume of last synthesis of NUCN.

The 10th mine, get 10% bonus of the volume of last synthesis of NUCN.

The 11th mine, get 1% bonus of the volume of last synthesis of NUCN.

NUCN Staking System

Dividend Pool: How it works

If you stake your NUCN to the Dividend Pool, you will receive dividends every day. Please note staking today, earnings are calculated tomorrow, and dividends settlement with $USDT will be made the day after tomorrow.

To ensure safety, every day at 00:00 UTC time, you can check your last day dividend. One hour later, starting from 01:00 UTC time, you will be able to claim it.

The dividend pool gathers profits from many of NUCN’s application scenarios.

1. 52% of Synthesis Mining profits will be directed into the dividend pool in real-time.
2. When withdrawing NUCN, a commission of 10% is charged, and 5% goes into the dividend pool.

Auction System

Auction is a leveraged product. At some point, you can get the most out of it with the least cost. Auction details below:

1. 15% of the USDT invested in the synthesis of NUCN goes into the winning pool.
2. The 1st bidding needs 100 NUCN, and every subsequent bidding increases 100 NUCN.
3. At the end of each round, the top 3 winners are rewarded with 65%, 15%, and 5%.
4. NUCN used for bidding will be burned.

Repurchase System

In order to increase the value of the holder’s NUCN and ensure that NUCN has sufficient liquidity in Uniswap, we introduced a repurchase system.

In every moment, 30% of the synthesis mining profits are used to repurchase NUCN and all of them will be burned. And the repurchase price is 20% higher than Uniswap real-time market price.

Who can participate in repurchase sales?

HODLers participating in the repurchase sale must provide liquidity in the NUCN Token Pool of Uniswap, and the accumulated liquidity earnings over 24 hours shall be more than 0.1 ETH.

NUCN withdrawal

To encourage everyone to HODL NUCN, HODLers will be penalized when they apply for withdrawal. We will charge 10% fee for NUCN withdrawal, of which 5% will be directed into Dividend Pool and 5% will be burned.

Highlight

We strive to create a deflationary NUCN. So, we’re going to introduce more deflation Settings. So far, there have been NUCN burning scenarios as follows:

1. All of NUCN used for bidding will be burned.

2. Withdrawing NUCN would be penalized, taking 5% of NUCN and burning it.

3. Repurchase at a real-time price 20% higher than Uniswap, and all of NUCN repurchased will be burned.

Claim your stakes every day. Internally, this calls the smart contract function that determines how much you are owed based on the volume of synthesis and other factors such as how long you have been holding for.

1. 52% of Synthesis Mining profits will be directed into the dividend pool in real-time.

2. Withdrawing NUCN would be penalized, taking 5% of NUCN and directing it into the dividend pool.

Buy NUCN tokens:https://app.uniswap.org/#/swap?outputCurrency=0x986bd5a4b037b5681f48b1f1ba63ce8f97e1a87c

NUCN official website:http://nucn.org/

FOMO·NUCN website:http://fomo.nucn.org/ or http://judgelabs.com/

FOMO Tutorials,

Trust Wallet Tutorial:

https://www.reddit.com/r/UniSwap/comments/htzmbw/the_tutorial_of_how_to_invest_in_fomonucn_through/

MetaMask Tutorial:

https://www.reddit.com/r/UniSwap/comments/hu1nwk/the_tutorial_of_how_to_invest_in_fomonucn_through//htzaeg/gems_hunter/

Join us:

NUCN Twitter:https://twitter.com/NUCNToken

NUCN Telegram:https://t.me/uniswapNUCN