BigONE Lists GF/USDT and HDAO/USDT Trading Pair! Liquidity Mining Is Now Available to Carried Out "Double Mining" Event to Enjoy 50% APR!

Dear BigONE users,

The GF and HDAO Staking pools have reached the liquidity standard. According to the BigONE “SSS” Mining Listing Program, we have listed GF/USDT, HDAO/USDT trading pairs, and launched liquidity mining in the above-mentioned trading markets.

At the same time, GF/USDT and HDAO/USDT liquidity mining "Double Mining" and enjoy 50% APR event has officially started!

Event time:

6th December 2021 20:00 - 13 December 2021 20:00 (GMT+8)

Event content:

1. Liquidity mining "Double Mining" rewards

During the event, users who participate in GF/USDT, HDAO/USDT liquidity mining can get 50% of the market's transaction fee dividends. At the same time, daily additional GF or HDAO token rewards equivalent to the fee income provided by BigONE will be rewarded to users.

*The transaction fee dividend data received by each user on that day is taken at 00:00 every day.

Take GF as an example:

Assuming 1 GF=100 USDT, there are 9 GF and 900 USDT in the current liquidity pool;

After user A adds 1 GF and 100 USDT to the liquidity funding pool, the total value of the funding pool at this time is 2,000 USDT, and the liquidity share held by user A is 10%;

Assuming that the fee income of the GF/USDT market totals 1,000 USDT, then:

User A's income from participating in liquidity mining = 50% fee income + equivalent GF = 1,000 USDT*50%*10% + equivalent GF = 50 USDT + 50 USDT equivalent GF.

2. 50% APR reward

During the event, users who participate in GF/USDT, HDAO/USDT liquidity mining, and add liquidity assets in the funding pool for more than 3 days (including 3 days), we will lock up the assets in the liquidity pool according to the 50% of the APR is issued on the value. There are a total of 1,500 GF and 30,000 HDAO rewards, according to the order in which users who meet the above conditions add liquidity time, first come first served, while supplies last.

*The GF and HDAO data of each user locked in the liquidity pool on that day are taken at 00:00 every day.

*Assets with added liquidity have been deposited in the funding pool for less than 24 hours, they will not be counted as 1 day.

Take GF as an example:

1. Take 1 GF=100 USDT;
2. At 8:00 on December 7th, user A added 1 GF and 100 USDT to the GF/USDT liquidity pool;
3. At 8:00 on December 8th, user A added 9 GF and 900 USDT to the GF/USDT liquidity pool.
4. At 11:00 on December 10th, user A redeemed all liquidity.

Then, the income that user A can obtain = (1 GF+100 USDT)*50%/365*1 + (10 GF+1000 USDT) *50%/365*2 = 0.0575 GF

BigONE Liquidity Mining: https://big.one/en/liquidity/market

Learn more about BigONE Liquidity Mining

Reminders: 

1. 50% of liquidity mining rewards will be issued in real-time, and the additional GF or HDAO token rewards provided by the platform will be issued the next day.
2. The 50% APR reward will be issued within 7 working days after the event ends.
3. The trading market that supports liquidity mining uses an independent fee rate system, that is, the transaction fee rate of Maker and Taker is 0.3%.
4. There may be impermanent losses in liquidity mining. Please be aware of the risks and invest cautiously.
5. The final interpretation right of this event belongs to BigONE.

BigONE, more than just asset security.

 

Regards,
BigONE Team

6 December 2021