Share Card Output Adjustment Plan(V1.1.0 Main System)

Announced the latest release plan for the sharing card

Why adjust the output and release of sharing cards?

The core principle of CoPuppy is still "holding to dividends". We treat every share card holder as our original shareholder. Therefore, we hope that without changing the share card output (currently 50%), $CP can have deeper liquidity(CP-USDT) and higher vitality.

Through this program, new incremental funds can be brought to CoPuppy and the project can be sustainable in the long-term.

How does New Share Card Output Adjustment Plan works?

Each user receives a different reward for each block, and the proportion of each block for the Share Card remains unchanged (50%).

Users need to use CP-USDT LP to unlock their own $CP income.

According to the pledge amount of CP-USDT FLP, calculate the maximum unlocking speed, and calculate the unlocking amount of each block for each user.

The maximum unlocking speed is: 66,000 Block(About 55 Hours).

The detailed calculation formula is:

Maximum number of $CP unlocked per block:

Actual number of $CP unlocks per block:

The following is a detailed example:

Alice have 100 CP to be unlock and Selected the unlock button

In this interface, he can see his pending unlock, the available amount, the current unlock speed, the amount of pledged LP, etc.

LP can be obtained by clicking the GET button and pledged in the interface.

So how many LPs are needed to reach the maximum unlocking speed?

If the current CP price is $1.

Alice need 100 CP and 100 USDT to get CP-USDT LP, then she can reach the maximum unlocking speed, after 55 hours she can get 100 CP rewards. If part of the CP-USDT LP is removed during the unlocking process, its unlocking speed will be slower

If he uses 200 CP and 200 USDT, his maximum unlocking speed is still 55 hours.

If he uses 50 CP and 50 USDT, his maximum unlocking speed is still 110 hours.

Do Alice need to recombine CP-USDT LP every time when receive income?

This operation only needs one time, as long as enough CP-USDT LP is staked, the system will automatically work to help users unlock rewards.

If Alice's CP to be received is 0, but Alice pledges CP-USDT LP, will the number of CPs to be unlocked accumulate?

Since the formula does not include a constant, Alice must have the CP to be unlocked in order to start unlocking, and has the unlocking speed, the CP to be unlocked will not be accumulated. Remove part of CP-USDT LP, its unlocking speed will be slower

How should I transition to the new plan?

We have prepared good transition measures for users who currently hold Share Card. When the new output plan is officially launched, users only need to perform a "CLAIM" operation in the original interface to automatically enter the new distribution plan.

Users who have not performed the "CLAIM" operation will not receive the $CP reward after the output plan is adjusted.

Can the CP-USDT LP in the unlocking process enjoy the benefits of liquidity mining?

Unable to obtain liquidity mining income, the unlocked LP can only be used to unlock the Share Card reward.

Share Card CP unlock steps

  1. Select harvest in Farm - Equity NFT Farm V1.1.0

2. Claim your CP Reward(Unlock Rewards)

Then u can see how many tokens locked

3. Get CP-USDT LP

4. Approve and Stake your CP-USDT LP

With the pledge of LP, you can see your unlocked rewards (Withdrawable Rewards)

5. Claim your unlocked CPs

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