CryptoMines Reborn Staking Hello everyone, we want to take s | CryptoMines - Announcements
CryptoMines Reborn Staking
Hello everyone, we want to take some extra time to deliver more information regarding the staking and the launch of our $CRUX token, we noticed that the community has a lot of doubts about it and we will clear most of these.
The launch of the $CRUX token will be on Saturday 12-18-2021 UTC time, once listed this will be announced on our official social media.
We will also add new anti-bot and anti-snipe mechanisms:
- A 101% tax will be added that will prevent any purchase before the official launch (i.e. you will not be able to buy as soon as the liquidity is added).
- The time when the token will be launched will not be announced. Early access to our partnerships will be available minutes before general access.
- The exchange where it will be available will not be announced until it is safe to make purchases.
- We will have liquidity on PancakeSwap (as an initial secondary DEX) 30 minutes after the official launch announcement.
- The purchase tax will be removed and exchanges will be enabled seconds after the launch announcement on our social media.
- All these measures will prevent a massive pre-purchase of trading bots before launch, achieving a fairer currency rollout for all involved.
We STRONGLY recommend you not to buy the token before it is announced on our social media, in case you do so, any inconvenience that arises will be at your own risk
What are the benefits of adding collateral in $CRUX?
The benefits of adding collateral are varied, first of all it ensures an initial investment in the new game, which allows purchases by players to increase its price, it is also important for the community to have power over the price of $CRUX, since everyone will contribute their grain of sand (it could be seen as a community hold) to the Stake reward pool, therefore, you will have a stake reward pool with a large amount of $CRUX as considerable as the reward pool of the game.
What is Dark Matter and how can it be used?
Dark Matter is the in-game currency, it will be able to be purchased with $CRUX inside of the CryptoMines Reborn website, Dark Matter maintains a value close to 1:1 with USDT, this currency will be used for all activities within CryptoMines Reborn, from Mints to Marketplace purchases. The Dark Matter collateral you need for the Stake will be 100% refunded to you as in-game currency to spend on the new mini-games available until the opening of CryptoMines Reborn.
First of all, we want to make it clear that it is not possible to make a fully accurate calculation until the complete closure of the fleet registration phase in the staking mechanism, however, we want you to have enough formulas and information to make your decisions.
Examples and formulas.
Stake cost = Dark Matter Collateral + $CRUX Collateral + Fleets
Stake rewards = $500.000 $CRUX (given by developers) + Total collateral sum of $CRUX contributed by all players.
My mining power in stake = Total sum of mining power of all my fleets in stake.
Total Mining Power = Total sum of the Mining Power of the fleets of ALL the players who entered the stake (after closing the registration phase).
Daily Profits in $CRUX = Stake Reward Pool * (My Mining Power in stake / Total Mining Power) / 180(days)
Example 1: Assuming you have 80.000 MP.
Cost of stake entry in $CRUX: $22.400 USDT
Cost of stake entry in Dark Matter: $10.080 USDT
1.000.000 (Estimated Stake Rewards) * (80.000 (your MP)/50.000.000 (Total Mp in stake of all players))/180 (days) =
The result would be 8,888 $CRUX per day (commas are for defining decimals), this if it were only 50.000.000 total staked MP, and the total MP currently existing is 805.120.890.
Example 2: With a more realistic approach, assuming that 80% of fleets created enter the stake, it would amount to a total of 644.096.712 MP staked, assuming the same 80.000 MP from our account:
