Pippi Mining Reward Introduction
Latest Update: May 8th, 2021
Published in
1 min readMay 8, 2021
Before Farm Rewards Production (before April 14)
Basic Release: 20 $PIPI per block
Actual Distribution: 20 $PIPI per block
- 75% is allocated to Pippi Farm (Liquidity Mining), 20 $PIPI *75%=15 $PIPI per block
- 25% is allocated to Staking Pool(PIPI single token mining), that is, 20 $PIPI*25%=5 $PIPI per block
After Farm Rewards Production (After April 14)
Basic Release: 20 $PIPI per block
Actual Distribution: 12.5 $PIPI per block, ie 20*75%*50%+20*25%=12.5 $PIPI per block
- 75% is allocated to Farm (liquid mining), the output is halved, that is, 20*75%*50%=7.5 $PIPI per block
- 25% is allocated to Staking (PIPI single currency pledge mining), that is, 20*25%=5 $PIPI per block
Production Reduction Part: 7.5 $PIPI per block, that is, 20*75%*50%=7.5 $PIPI per block
- Destruction schedule: Destroyed once a week, starting from May, the weekly destruction time will be fixed on the weekend;
The amount of destruction each time is the total amount of production reduction accumulated during the cycle.
Burn Address: https://hecoinfo.com/tx/0xbea3ce35fd22cde00cc6dc84597812bce962f54dbc8f2c76dbcff6767585a464