CD Mining Mechanism Update Effective September 1, 2024
Dear Valued Investors,
We are pleased to announce the official update to the CD Mining mechanism, which will take effect from September 1, 2024. Following the conclusion of the promotion phase for early participants on August 31, 2024, CapitalDAO has finalized the details of the CD Mining mechanism as outlined below:
Duration: The CD Mining program will span 10 years, divided into 5 blocks, each lasting 2 years. Block 1 will commence at 00:00 on September 1, 2024 (Hong Kong time).
Allocation: All CDs allocated for Mining will be locked in a smart contract, evenly distributed over 10 years, and unlocked on a monthly basis.
Performance Decrease: CD Mining performance will decrease by 20% after each 2-year block.
Detailed Reward Structure:
Mining CD Performance by Day:
BASIC
0,30%
0,24%
0,19%
0,15%
0,12%
PRO
0,40%
0,32%
0,26%
0,20%
0,16%
PREMIUM
0,50%
0,40%
0,32%
0,26%
0,20%
Mining CD Performance by Month
BASIC
9,00%
7,20%
5,76%
4,61%
3,69%
PRO
12,00%
9,60%
7,68%
6,14%
4,92%
PREMIUM
15,00%
12,00%
9,60%
7,68%
6,14%
We believe this structure will ensure the sustainability and longevity of the CD Mining program while offering our investors consistent and fair returns.
If you have any questions or need further information, please feel free to contact us at [email protected].
Thank you for your continued support and trust in CapitalDAO.
Best regards,
The CapitalDAO Team
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