Alpha Mining Program Reward Distribution Announcement
Hello Stone Army!
We are very excited about the growth our alpha launch has been achieved over the past few days! Now we would like to share with the community about the STN rewards to whom have joined the Alpha Test Mining.
The STN reward calculation is as follows:
Reward per Address per Block = STN Reward per Block * (Percentage of Deposited Tokens of such Address in the Block)
STN Reward per Block = 0.9 STN
The timeline for STN reward calculation is as follows:
USDC Vault：08:00pm, 5 Mar 2021 (GMT + 8) — 00:00am, 2 Apr 2021 (GMT + 8)
USDT Vault：08:00pm, 7 Mar 2021 (GMT + 8) — 00:00am, 2 Apr 2021 (GMT + 8)
There will be a total of 305,751.6 STN rewards sent to the addresses that have deposited during the Alpha Phase Mining.
In addition, we also note that quite some community members have been experiencing high gas costs, therefore we decide to add additional 40.0 STN as rewards to all deposited addresses.
Therefore, the total STN rewards will be 347,991.6 for community members who have participated in the Alpha Mining Program.
Again, we thank all community members to be with us, and the exact date to distribute STN Rewards for Stable coin vault will fall at 12:00pm (GMT+8) on 7th April 2021. Meanwhile the rewards for rETH mining pools will be announced in the coming week.
In the meantime, we will release our beta roadmap to share with the community on our vision what STONE will be and how we can make Stone great!