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On-chain perpetual contract protocol Equation launches position mining

On-chain perpetual contract protocol Equation launches position mining

CointimeCointime2023/11/06 09:30
By:Cointime

According to official sources, on November 6th, the on-chain perpetual contract protocol Equation will officially launch position mining at 6:00 PM (UTC+8). Users who hold contract positions on Equation will receive Equation's ecosystem token EQU as a position mining reward. The specific reward amount will be positively influenced by the position size and holding time. Currently, the daily release amount of EQU is 10,000, of which 50% will be allocated to position mining, and other mining categories will be proportionally diluted.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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