In order to expand the ecological and community development of L-Dimension (LDS), L-Dimension (LDS) will open the Dimension node plan. Dimension nodes will be divided into Super-Dimension nodes, Prime-Dimension nodes, Common-Dimension nodes, and L-Dimension will be established. The reward pool is used to stimulate the ecological development of LDS. The specific details are as follows:
Dimension node plan
The Dimension node program will play a very important role in the ecological development of L-Dimension (LDS) and jointly promote the new consensus value network ecological construction of LDS. As a Dimension node, priority will be given to the corresponding community node rights, such as community airdrops, coin-operated airdrops, and BitCola Resonance Resonance Eco-Rewards. BitCola Resonance will charge a certain percentage of TOKEN or resonance benchmark currency as a reward for Dimension nodes in the future, further promoting Dimension node construction and LDS ecological development.
Dimension node basic rules
1. The Dimension node needs to mortgage a certain amount of LDS as a node credential. Super-Dimension needs to mortgage 5 million pieces, Prime-Dimension nodes need to mortgage 2 million LDS, Common-Dimension nodes need to mortgage 200,000 LDS
2. Since the mortgage, the LDS mortgaged by the node needs to be locked for 90 days. After the 90-day lockout period expires, the user can choose whether to cancel the mortgage. De-collateralization means that the relevant rights of the corresponding Dimension node will be waived. After canceling the node, the intra-node LDS will be divided into ten antenna releases, releasing 10 percent per day.
3. After the user joins the Dimension node, the user cannot cancel the node during the lock.
4. The LDS in the original lock can directly participate in the node plan.
L-Dimension Reward Pool
The L-Dimension reward pool is mainly used to reward Dimension nodes and LDS holders. The reward pool funds will be provided by L-Dimension, BitCola Resonance Resonance Ecology, and BitCola Trading Ecology. The follow-up will continue to promote the development and growth of L-Dimension's new consensus value ecosystem, so that LDS will form a long-term value increase trend. The Dimension node will share the 50% node reward pool funds together, and the remaining 50% will be used for LDS mortgage rewards.
The reward pool funds will be provided by the BitCola Resonance Resonance Ecology and the BitCola Trading Ecology. Other platform benefits, including resonance commissions, transaction fees, etc., will continue to be injected into the reward pool. At the same time, in order to promote the initial ecological development of L-Dimension, L-Dimension will provide 10,000 USDT and 1 million LDS as the basic ecological reward for the fund pool in the first eight weeks. In the meantime, we will work together to promote LDS ecological construction and community construction, and the funds of the follow-up funds will be provided through the ecology of resonance and transaction.
LDS holders can choose to mortgage LDS. After the user mortgages LDS, users can share 50% of the rewards in the pool. Mortgage awards will be distributed based on the user's mortgage time and the number of mortgages. The mortgage reward is issued once a week, and the user mortgage period will be calculated on a per-week basis. If the mortgage time is greater than or equal to one week, the normal LDS fund pool reward distribution can be obtained. If it is less than one week, it will be allocated according to the user mortgage time. See the mortgage rules for details.
Users can choose to mortgage any number of LDS. After mortgage LDS, the mortgage can be cancelled after 24 hours. After the user chooses to cancel the mortgage, the account can be received within 24 hours, and the relevant reward distribution will be calculated according to the total amount of mortgages of the user. Calculated as follows:
Users can get rewards = user mortgage LDS / current mortgage fund pool LDS * week mortgage effective time (in hours) / 7 * 24
Note: If the user has multiple mortgages, it will be calculated according to different mortgage order time.
L-Dimension node ecological reward
L-Dimension is a brand new consensus value network with a complete ecological closed loop, and LDS as its ecological value carrier, Dimension node will further promote the ecological development of LDS value. Dimension ecological rewards will be divided into node rewards, community airdrops, resonance ecological rewards and other benefits. Different types of nodes enjoy different node interests. The specific details are as follows:
Resonance ecological reward
In the BitCola Resonance Resonance Project, in addition to L-Dimension, 1% of the resonance amount of each project will be used to reward the Super-Dimension node, and Super-Dimension will be able to equally divide this part of the Resonance Eco Award. The Prime-Dimension node will collectively equalize the ecological reward of 0.5% of the resonance amount. Common-Dimension does not enjoy the benefits of Resonance Eco Award
Node fixed reward
The Super-Dimension node gets one thousandth of the fixed node rewards per day, and the Prime-Dimension node and the Common node get five thousandths of fixed node rewards per day. For example, user A, as a Super-Dimension node, has a total of 5 million LDSs, and 5,000 LDSs per day.
Value ecological reward
In order to further build the LDS value ecology, the Dimension node plays a very important role in the value ecology. When the LDS price increases by 20%, Super-Dimension will receive an additional 5% value ecological reward, and Prime-Dimension can get an additional 2%. Value ecological rewards. Common-Dimension receives an additional 0.1% value eco reward.
Value starting point: User mortgage LDS becomes the current price of the super node
Value confirmation: LDS price increases by 20% and reaches the price confirmation number. When the price is confirmed, the value starting point will be recalculated. The value confirmation will be based on the same day price of the MXC trading platform. If the closing price per hour is higher than 12 confirmations on the day and the closing price of the day increases by more than 20%, the value is confirmed successfully.
Value confirmation success: after the value confirmation is successful, the node will receive the corresponding reward and enter the next stage of value starting point.
Value confirmation failure: After the value confirmation fails, the node value starting point remains unchanged until the value is confirmed successfully.
BitCola will jointly conduct L-Dimension (LDS) airdrops on a regular basis, and airdrop awards include other types of airdrops such as project airdrop awards, L-Dimension eco development airdrop awards. Super-Dimension will occupy 50% of the airdrop award, Prime-Dimension will occupy 20% of the airdrop award, and Common-Dimension node will occupy 30% of the airdrop reward. We will also regularly award airdrops to LDS holders (non-nodes).
Node invitation reward
The Dimension node has greatly promoted and promoted the ecological development of LDS. BitCola Resonance and L-Dimension will jointly reward users who invite resonance and trading. In order to expand and promote the ecological development of BitCola and LDS. The node invitation reward will be divided into a resonance invitation reward and a transaction invitation reward. The specific details are as follows:
Resonance invitation reward
Super-Dimension invites friends to participate in resonance. The Super-Dimension node can additionally receive a resonance bonus of 3% of the resonance of the friends. Prime-Dimension can get an additional 1.5% value eco reward, and Common-Dimension can get an additional 0.5% value eco reward.
Transaction invitation reward
BitCola is not only a resonant trading platform, but also a brand new community trading platform. 80% of the fees generated by Super-Dimension's invited friends on the BitCola exchange will be awarded to the Super-Dimension node, Prime-Dimension will receive a 50% commission fee, and Common-Dimension will receive an additional 20% commission fee.
Fee Reward Description: The handling fee generated by the user transaction will be determined by the currency, and the handling fee of the corresponding currency will be generated, and the node will receive the handling fee reward for the corresponding currency. For example, if user A buys BTC, the handling fee generated at this time should be BTC, and the inviting node can obtain the corresponding BTC invitation reward.
Node mining is an important part of the L-Dimension ecology. After the corresponding ecological construction and deployment at the Dimension node, we will open the node mining function, and the relevant details will be released later. stay tuned
The development of the blockchain industry is changing rapidly. In order to cope with market changes and future industry development, and to prevent some malicious users from disrupting existing distribution rules through unfair competition such as technical means, BitCola and L-Dimension will retain Dimension node rules and distribution rules. To modify the rights, BitCola and L-Dimension have the right to make appropriate adjustments to the existing node rules, to ensure the community rights and community health development to the greatest extent, and to ensure the sustainable development of the community and ecology.
The blockchain industry is still in the early stage of exploration and development, and there are high risks in the digital currency field, which has greater volatility than traditional assets. Users are familiar with the basic knowledge and risks of digital currency when investing. BitCola will also continue to explore and provide users with more quality projects and encryption assets. Thank you for your support and trust.
May 31, 2019