Liquidity Mining Round — Qin

MonteCarlo DEX

Sep 15, 2020·2 min read

Rules for Round Qin

1. Round Qin will last for 18 days (estimated: Sep 10 to Sep 27), starting from Block: 10,830,000 to 10,932,499, right after the current Round ZHOU.
2. 0.2 MCB / Block, Total supply for Round Qin: 36,340 MCB.
3. 0.1 MCB / Block will reward LPs who provide liquidity on MCDEX AMM (50% of total supply for Round Qin). 0.1 MCB / Block will reward MCB liquidity providers on Uniswap, MCB/ETH pair (50% of total supply for Round Qin).
4. AMM POOL reward is distributed according to the following proportion:
   ETH PERP pool share 80% of 0.1MCB/BLOCK, 20% of 0.1MCB/BLOCK incentive is distributed equally to other pools.

5. The maximum mining efficiency is 500% for those who hold more than 3 months of mined MCB.

Please note that if you are an MCB holder, please use the wallet that has MCB to provide liquidity to increase your mining efficiency.

Distribution: After every block, holders of the AMM share token will enjoy the share of the total amount.

Transfer: Every Monday. Sometimes because of high gas, MCB will be transferred with a threshold.