Star Pool Sharing Plan

Star Pool Sharing Plan

Here's to the star Pool miners. Filecoin launched at 22:45 GMT on October 15, 2020. Prior to this, StarPool participated in the development of test network, test network, SR1 and SR2, and achieved good results. Due to the adjustment of economic model, the token revenue and computing power accumulation of SR1 and SR2 are 1:1 mapped to the main network. In accordance with the principle of openness and transparency of blockchain, the announcement of StarPool reward allocation is as follows:

SR1 (2020-08-25 to 2020-09-15) StarPool node T01231, T016398 and one overseas node, total power 10PB

Total awards: 130,000 FIL

A total of 297,000 TONS of storage capacity has been allocated. According to the previous settlement instructions of StarPool, the customers who purchased the steel box mining machine before 0:00 on August 25th have issued profits and displayed in StarPool App.

2. SR2 Track 1 (from September 15 to October 15 at 22:45 on the main network), for miners, all computing power & pledged coins will be transferred to the main network

As of 22:45 on October 15, the total power of the four nodes f01231, F016398, F023530 and F021479 of starpool is about 30PB.

Total awards: 500,000 FIL

A total of 360,000 TB of storage capacity is allocated.

Unlock rules:

According to Filecoin's official economic model, the sector life cycle is 540 days. After the 540 days of the sector life cycle, you can choose to continue mining or withdraw. After the withdrawal, the sector life cycle automatically ends. The remaining 272,000 pieces are the revenue of block release (linear release in 180 days).

3. SR2 track 2 is mainly for developers, it is not finished yet, we have a small amount of rewards, the specific amount will be announced after the end, the distribution principle is the same as SR2 calculation logic.

4. For details, see https://filscout.io/zh

The specific allocation of StarPool participation rewards is as follows:

1. During the open activity period of star pool computing power sharing, users who charge coins to the platform from the date of participation will share the bonus of one million USDT star pool computing power sharing block according to the cumulative number of 7 days (charge coins) and the proportion of charge coins.

2. Seven days after the application for joining the star Pool Computing Power Sharing activity

(1) The amount of USDT equal to 20% of the total assets of the account shall be charged to the account daily to activate the mining pool.

(2) 50% of the account balance should be completed daily.

3. Users need to complete real-name authentication before the event

Calculation formula of dividends in shared block:

Proportion of bonus = total amount of net coin charged + total amount of net profit (total asset balance of account)

First day Star Pool Sharing Plan bonus = 3% of the total balance of the user account.

Next day Star Pool Sharing Plan reward = 3% of the total balance of the user account.

3 days Star Pool Sharing Plan Bonus = 3% of the total balance of the user account.

4 days Star Pool Sharing Plan Bonus = 5% of total balance of user account.

5 days Star Pool Sharing Plan Bonus = 5% of the total balance of user account.

Six-day Star Pool Sharing Plan Bonus = 5% of the total balance of the user's account.

7 days Star Pool Sharing Plan bonus = 8% of total balance of user account.

Note:

Star Pool has the right of free control over hosting fees.

After careful calculation and comprehensive consideration of the current market transaction situation, the star pool decides not to release the negotiable income temporarily, and uses it as pledge to accelerate the growth of calculation power. When the income is greater than the required pledge, the activated ore pool can be released in 7 days.

Total revenue: The total revenue generated by the user from the start of mining on the storage server to the day before settlement, including all the revenue generated by participating in SR1 and SR2 miner tests and the ununlocked portion of the revenue.

Total pledge: the total amount of sector pledges generated by the user from the start of mining on the storage server to the day before settlement.

Total storage: Total capacity of storage servers purchased in a customer order.

Unlock revenue: Unlocked revenue, 1/180 of the daily unlock bonus and revenue, including rewards for participating in SR1 and SR2 miner tests.

The reward will be issued to the user's asset account before 23:59 after completing the task within the activity day.

The event will not be cancelled midway.

Note: SGX-pro reserves the right to interpret this event.