⛏️Virtual Pool
A pool that exists only in the mind of a madman. The ultimate game begins now!
Mining
The xtokens obtained from opening boxes will be used for mining in this pool:
To enter the pool, users need to use the "LAW" NFT. The required amount of " LAW " depends on the number of xtokens and the number of mining days. The mining duration can range from 1 to 365 days. The consuming amount of "LAW" = xtoken * selected days * (4 Boxes remaining unconverted token balance / 4 Boxes initial token balance) * 0.0000000002 (2 in 10 billion). The amount will be rounded off.
Withdrawing mining rewards will incur an exit fee, which ranges from 45% to 90%. The exact percentage is determined by the proportion of total tokens that have been claimed. The more tokens claimed, the lower the exit fee. The formula is: max(Commonwealth Boxes unconverted token balance / Commonwealth Boxes initial token balance * 90%, 45%).
8% of the exit fee will go into the DAO treasury, 27% will go to $4 staking, 15% will go to the Lucky Drop, and the remaining 50% will be distributed in a one-time payout to all other users who are currently mining.
Entering the pool is optional. Users can choose to claim $4 without participating in virtual pool mining. Alternatively, they can choose to enter the pool for mining later by consuming "LAW."
Users can open boxes multiple times and use any amount of xtokens at any time afterward. However, extension of xtokens already in mining is not allowed.
Mining rewards cannot be withdrawn during the mining period. They can only be claimed in full after mining has ended. If the user does not claim their rewards within ten days after the mining is over, the rewards will go to the DAO treasury and become unclaimable.
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