Meta Merge Mana(MMM) Available on Kucoin BurningDrop

Meta Merge Mana (MMM) will be available on BurningDrop from 10:00:00 on June 21, 2023 (UTC). 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 (the native token of the KuCoin Earn platform) to mine more MMM airdrops.

Participation Ways: Web / App (click here to check the Tutorial)

Timeline:

• Subscription Period: 10:00:00 on June 21, 2023 to 18:00:00 on June 21, 2023 (UTC)
• Burning Acceleration Period: 20:00:00 on June 21, 2023 to 02:00:00 on June 22, 2023 (UTC)
• Staking Period: 02:00:00 on June 22, 2023 to 01:59:59 on July 12, 2023 (UTC)

Products Details:

Rewards Distribution:

• Total MMM Allocation: 200,000,000
• Rewards Distribution: 30% of the MMM rewards will be distributed before MMM trading starts in the KuCoin Spot Market. The remaining 70% will be distributed in 35% 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-MMM-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 MMM = (F’ / Overall Final Allocation) * Total AirDrop of MMM

Website: https://www.metamerge.xyz/

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