Pumpkin 101🎃 Basic Guide to IOST’s Smooth Silky Version of SushiSwap

  • Supply: 2,927,232 PPT
  • Contract Address: Contractzz6ihpEjkY1zADZPzwE4eFW6u7Rkr6k2C6e2HRG2TGh

1. What is Pumpkin?🎃🎃🎃

Pumpking Team is excited to officially launch the first Yield Farming project on the IOST chain- Pumpkin:

  • Zero-risk investment
  • Zero private investment
  • No pre-mine
  • High yield

2. What is Pumpkin Token (PPT)🎃🎃🎃

Pumpkin Token (PPT) is an IRC20 token issued on the IOST chain. The total supply of PPT is 2,927,232, and 95% of the total supply will be released to users through yield farming. We hope to use PPT to promote the development of the IOST Autonomous DeFi community.

3. Has the contract been audited?

The IOST technical team has completed a preliminary audit of Pumpkin’s contract and we are working with a well-known third-party professional team for the second round of audit.

4. PPT Distribution & Acquisition

The issuance of PPT is based on decentralized smart contracts and no-one can issue additional tokens.

  • Purchase through a decentralized exchange.

Part 1: How to Farm PPT?

Please refer to the Pumpkin farming & trading tutorial here:

Part 2: Where can we trade PPT?

  • IOST DEX:

5. PPT Farming Rules:

*Updated on 15 September 2020, 18:00 (GMT+8)

  • Gold farming pool: According to the ratio of 1 PPT : 10000 IOST, stake PPT and IOST at the same time to get PPT
  • Platinum farming pool: According to the ratio of 1 PPT : 10000 IOST, stake PPT and IOST at the same time to get PPT (Minimum staking requirement: 20 million IOST and 2000 PPT)
  • Diamond farming pool: According to the ratio of 1 PPT : 10000 IOST, stake PPT and IOST at the same time to get PPT (Minimum staking requirement: 50 million IOST and 5000 PPT)

Features:

  • Silver farming pool: 0 costs, 0 thresholds, stable income, and free deposit and withdrawal
  • Gold farming pool: low threshold, high return, controllable risk, and free deposit and withdrawal
  • Platinum farming pool: the highest return, controllable risk. Can get airdrop in the first week of deposit for farming (must stake at least 20 million IOST and an equal proportion of PPT)
  • Diamond farming pool:highest return, free deposit and withdrawal

6. PPT Farming Period

*Updated on 15 September 2020, 18:00 (GMT+8)

7. Rewards Distribution in the 4 Major Farming Pools of PPT

*Updated on 15 September 2020, 18:00 (GMT+8)

  • Gold farming pool: 342,366.315789474 PPT
  • Platinum farming pool: 855,915.7894737 PPT
  • Diamond farming pool: 1711,831.5789474 PPT

8. How to calculate returns

*Updated on 15 September 2020, 18:00 (GMT+8)

  • Gold Pool generates 171183.15 /7/24 = 1018.94 PPT per hour in the first farming week
  • Platinum Pool generates 427957.89 /7/24=2547.36PPT per hour in the first farming week
  • Diamond Pool generates 855915.78/7/24=10189.47 PPT per hour in the first farming week

9. Platinum Pool Airdrop- 13 Millions IOST Airdrop- Opens Now to 20 September 2020!

Farm Pumpkin 🎃PPT and share a 13 million IOST airdrop!

9.1. What is the platinum pool airdrop plan

From now to 16:00, September 20, 2020 (GMT+8), users who participate in the platinum pool in the first farming week will be able to participate in the airdrop and share 13 million IOST. Starting time for lock-up calculation: September 21, 2020, at 0:00 (GMT+8)

9.2. Rules for the airdrop

Users of the platinum pool will share 13 million IOST airdrop rewards based on the lock-up time and lock-up amount. The minimum lock-up time for airdrop rewards is 10 days and the maximum is 30 days. Unlocking halfway will disqualify the user for the next lock-up period.

  • 20-day lock-up: Share 2 million IOST in proportion to the locked amount
  • 30-day lock-up: Share 10 million IOST in proportion to the lock-up amount

9.3. Examples:

Alice deposited 20 million IOST and 2000 PPT (Pumpkin Token) at 16:00 on September 19, 2020, and then unstaked IOST and PPT at 16:01 October 10. The actual effective lock-up time of Alice 20 days, from September 20 to October 10. With this, Alice will share 2 million IOST from the airdrop in proportion to the locked position.

Notes:

  1. Airdrop rewards will be released in batches before November 15;
  2. This is the first airdrop event, please stay tuned for more airdrop events;
  3. The company reserves all the rights for the final explanation

10. For more information, please visit:

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