Heroes of Mavia(MAVIA) Available on Kucoin BurningDrop
Heroes of MaviaHeroes of Mavia (MAVIA) will be available on BurningDrop from 9:00:00 on February 2, 2024 (UTC). KCS pool will be opened during the subscription period for all users to subscribe. Additionally, during the Burning Acceleration Period, users who have already subscribed can choose to burn KCS to mine more MAVIA airdrops.
Participation Ways: Web / App
Timeline:
- Subscription Period: 9:00:00 on February 2, 2024 to 18:00:00 on February 2, 2024 (UTC)
- Burning Acceleration Period: 20:00:00 on February 2, 2024 to 02:00:00 on February 3, 2024 (UTC)
- Staking Period: 02:00:00 on February 3, 2024 to 01:59:59 on Febuary 23, 2024 (UTC)
Products Details:
| Staking Product | KCS-FOR-MAVIA-20D |
| MAVIA Distribution Coefficient | 1 |
| Hard Cap of Whole Platform | 1,000,000 KCS |
| Hard Cap of Single User | 350 KCS |
Rewards Distribution:
- Total MAVIA Allocation: 500,000
- Rewards Distribution: 20% of the MAVIA rewards will be distributed before MAVIA trading starts in the KuCoin Spot Market. The remaining 80% will be distributed in 40% batches after 1 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-MAVIA-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 (3,000 * 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 MAVIA = (F’ / Overall Final Allocation) * Total AirDrop of MAVIA
What is MAVIA?
Heroes of Mavia is an online multiplayer blockchain-based strategy game where players use their base and army to battle other players and compete for real cryptocurrency in a play-to-earn fashion. Players can purchase, rent, or partner with landowners to acquire and build a base in the game, earning more rewards as they battle with increasingly difficult bases built by other players around the world.
Website: https://www.mavia.com/
Discord: https://discord.com/invite/maviaofficial
Twitter: https://twitter.com/MaviaGame
Telegram: https://t.me/MaviaAnnouncements
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