Paysenger(EGO) Available on Kucoin BurningDrop

Paysenger (EGO) will be available on BurningDrop at 10:00:00 on July 3, 2023 (UTC). The KCS pool will be opened during the subscription period for all users to subscribe. In addition, during the Burning Acceleration Period, users who have already subscribed can choose to burn KCS to mine more EGO rewards.

Participation Ways: Web / App

Timeline:

• Subscription Period: 10:00:00 on July 3, 2023 to 18:00:00 on July 3, 2023 (UTC)
• Burning Acceleration Period: 20:00:00 on July 3, 2023 to 2:00:00 on July 4, 2023 (UTC)
• Staking Period: 2:00:00 on July 4, 2023 to 1:59:59 on July 24, 2023 (UTC)

Rewards Distribution:

• Total EGO Rewards:1,666,666 EGO
• Rewards Distribution: 10% of the EGO rewards will be distributed before EGO trading starts in the KuCoin Spot Market. The other 90% of the EGO rewards will be distributed in 15% batches every month from the 1st distribution.

Calculation Method:

1) User’s Initial Allocation F = Individual staking amount of the Product * certain Distribution Coefficient * the price of staked assets in USDT at the start of the Subscription Period

e.g.Alice staked 50 KCS in the KCS-FOR-EGO-20D section. Assume that the price of KCS at the start of the subscription period is $8. Thus, Alice’s Initial Allocation will be:

50 * 1 * 8 = 400

2) Accelerating Coefficient by burning KCS, namely V = 0.18452 * arctan (2,000 * ε - 2.08) 0.207166085, wherein ε = Amount of the KCS user burns / F

3) Single User Final Allocation after burning KCS = F’

4) F’ = (V 1) F

User Final Rewards of EGO = (F’ / Overall Final Allocation) * Total Rewards of EGO

Website: https://paysenger.com/

Paysenger is an innovative collaboration platform that unites content creators, fans, and brands, offering cutting-edge tools for monetization and audience engagement. By fostering deeper audience involvement, the platform empowers creators to maximize their earnings. Paysenger leverages advanced technology, including proprietary AI developed in collaboration with Dr. Tamay Aykut, a visiting professor at Stanford University.

Developed in partnership with Polygon and BNB chain, accelerated by the Consensys, Paysenger has garnered support from industry leaders, receiving grants from Google and Amazon. Paysenger also claimed first place at the Other Edge (NFT LA) Hackathon, further solidifying its position as a game-changing platform.

Paysenger.com has now passed the 500,000 active user mark and is aiming for one million!

Know More on YouTube: https://www.youtube.com/watch?v=fCgNDnExT9s&t=79s

Stay tuned to CoinCarp Social Media and Discuss with Us:

X (Twitter) | Telegram | Discord  | Reddit

Download CoinCarp App Now: https://www.coincarp.com/app/