Pumpkin 🎃 All-Star Mining Pool is Here! Join now & Share 500,000 IOST Airdrop Rewards!
Hello there, fellow Pumpkin farmers!
Pumpkin was officially launched on September 13, 2020, the total staked amount exceeded 1 billion IOST within 5 hours of the launch time and it has been running stably for more than a week now. Thank you very much for your support!
During this time, we have been listening to the feedback from the community and figured that many users expressed they would like to see more activities from Pumpkin to give back to the community. The PPT burning plan for the team’s reserve has been officially launched, so we will continuously burn the generated PPT reserves (5 every farmed 100 PPT) for the team every 15 days. Also, we have decided to open the All-star Pool on September 22, participants who stake at the All-star Pool on the first 7 days will share 500,000 IOST according to the lock-up period.
Rules:
1. The All-star pool will be officially opened at 17:00 on September 22, (GMT +8). The All-star pool will follow a 1 PPT : 1000 IOST ratio. To participate in the All-star pool, users must stake at least 200,000 IOST and 200 PPT.
2. The All-star Pool Official Farming Week: deposits will officially open at 17:00 (GMT+8) on September 22, 2020, and end at 17:00 (GMT+8) on September 29, 2020. For a total of 7 days, participants will be able to lock up tokens for 1–4 weeks, and share 500,000 IOST rewards according to the number of days they lock the tokens.
3. The All-star pool will not generate any PPT. Participants will only get part of the 500,000 IOST airdrops. Deadline for deposits: 16:59:59 on September 29, 2020 (GMT+8).
4. The minimum lock-up time to get a share of the airdrop is 7 days, and the maximum is 28 days. Unlocking in the middle will invalidate the stake for the next period. The lock-up timer starts at 17:00 (GMT+8) on September 29, 2020.
- 7 days lockup, from 17:00 on September 29th to 17:00 on October 6th (GMT+8): Share 50,000 IOST in proportion to the total locked amount
- 14 days lockup, from 17:00 on September 29th to 17:00 on October 13th (GMT+8) : Share 80,000 IOST in proportion to the total locked amount
- 21 days lockup, from 17:00 on September 29th to 17:00 on October 20th (GMT+8): Share 120,000 IOST in proportion to the total locked amount
- 28 days lockup, from 17:00 on September 29th to 17:00 on October 27th (GMT+8): Share 250,000 IOST in proportion to the total locked amount
A total of 500,000 IOST will be awarded for All Star Pool, and the above awards can be accumulated
Examples:
Alice stakes 200,000 IOST and 200 PPT (Pumpkin Token) at 16:00 on September 25, 2020, and then unstakes IOST and PPT on October 8. The actual effective lock-up time for Alice is from September 27th to October 8th, a total of 7 days.
- Alice will share 50,000 IOST in proportion to the total locked amount.
Bob stakes 200,000 IOST and 200 PPT (Pumpkin Token) at 16:00 on September 27, 2020, and then unstakes IOST and PPT on October 19. The actual effective lock-up time for Bob is from September 29th to October 13th, a total of 14 days.
- Bob meets the 14-day lock-up requirement and will share 50,000 + 80,000 IOST in proportion to the total locked amount.
Charlie stakes 200,000 IOST and 200 PPT (Pumpkin Token) at 16:00 on September 24, 2020, and then unstakes IOST and PPT on October 28. The actual effective lock-up time for Charlie is from September 29 to October 27, a total of 28 days.
- Charlie meets the 28-day lock-up requirement and will share 500,000 IOST in proportion to the total locked amount.
Notes:
- The airdrop rewards will be issued in one go before November 6;
- This is the second airdrop event Pumpkin hosts, more to come!
- Pumpkin reserves all the rights for final explanation
