Mining Subscription Transparency Report

GARI
2 min readNov 22, 2022

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With Subscriptions, will there be any change in the Daily Mining rewards pool?

Yes. Subscriptions will add a variable pool to the existing mining pool of 50,000 Gari tokens which will eventually offer more tokens for mining.

Let’s see how this arrangement will work.

We will be buying more Gari tokens from the open market from the amount collected from the Subscription and adding them to the Daily variable pool on a pro-rata basis. Please note that we will buy Gari tokens from the open market after paying a 30% fee to the play store/app store which is a standard fee collected by these platforms.

Here’s the link to the actual subscription sold and Gari bought from that revenue for the daily variable pool

https://docs.google.com/spreadsheets/d/1EH9OI64V-iRN7S8rIjWea1549K35wYzVPosmCisQiys/edit#gid=1215656008

In the above excel, the Gari bought through the revenue collected from daily subscriptions will be added to the variable pool the next day. Similarly, Gari tokens bought through the revenue collected from weekly and monthly subscriptions will be added to the variable pool over the 7 and 30 days respectively.

The same activity is being repeated every day and Gari bought are being added to the variable pool. The new reward pool becomes (50,000 + Daily Variable Pool)

Download the Chingari app now to start contributing and earning GARI tokens.

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You’ll find all the official links within this link

https://linktr.ee/garinetwork

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