With the development of JOJO, more and more NFTs have joined the JOJO.FUN Metaverse, and the JOJO ecosystem is becoming more and more powerful. We once had such a metaphor before: JOJO NFT is a nice car, it will help you to a future full of $JOJO; $JOJO is fuel, it will make you drive faster.
In order to distribute rewards more reasonably and make JOJO NFT Pool healthier, we decided to start with Kingdom Arena NFT Pool and update the NFT Pool rules.
Bonus Injection Rules
In JOJO NFT Pool, you can upgrade your NFT HashRate by staking JOJO, which will make you earn $JOJO faster. Now, we will also inject $JOJO bonus into the mining pool based on the amount of $JOJO staked by users in the JOJO NFT Pool.
Before the launch of Kingdom Arena NFT Pool, we will inject 100 million $JOJO as the initial bonus. After that, for every 300 million $JOJO staked and used to upgrade hashrate, additional $JOJO bonus will be injected to the Kingdom Arena Pool, the specific rules are as follows:
Initial bonus: 100 Million $JOJO
The amount of $JOJO sta ke in Kingdom Arena NFT Pool exceeds 300 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 600 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 900 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 1200 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 1500 Million: the bonus is increased by 200 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 1800 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 2100 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 2400 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 2700 Million: the bonus is increased by 100 Million $JOJO
The amount of $JOJO stake in Kingdom Arena NFT Pool exceeds 3000 Million: the bonus is increased by 200 Million $JOJO
Before the Kingdom Arena closed beta, Kingdom Arena will restart IGO, and the rule will also be restarted at that time.
Upgrade HashRate and Stake $JOJO
The Upgrade Rules of Kingdom Arena NFT Pool will also be adjusted. We plan to make it more suitable for ordinary users and more stable.
The “HashRate Multiplier” of Kingdom Arena NFT Pool and the $JOJO that needs to be staked are as follows:
In addition, in order to comply with the “Bonus Injection Rules”, we have also adjusted the Unstake Rules of the Kingdom Arena NFT Pool. After you stake $JOJO and increase your hashrate, you will be charged different “Consensus Fees” for Unstaking $JOJO in different time periods, as follows:
In order to allow Early Buyers of the Kingdom Arena Blind Box to gain more benefits, we will open the Kingdom Arena NFT Pool at UTC 12PM DEC 15, and allow users to stake $JOJO to upgrade HashRate. After the first phase of the blind box sale ends, we will inject bonuses based on the amount of $JOJO staked in the Kingdom Arena NFT Pool.
Other mining pools will also be adjusted in accordance with this rule in the near future, but the specific value may be different depending on the NFT issuance price. Please pay attention to our subsequent announcements.
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