Defibox Mining Rules

Liquidity mining rules：

·The smart contract releases 0.002 BOX per second for liquidity mining

·Different liquidity pools correspond to their own LP mining pools, the BOX rewards in each LP mining pool are independent.

·Your mining BOX per second as LP in a liquidity pool = BOX basic release 0.002 BOX * 70% * LP mining weight in this liquidity pool * the proportion of your LP asset value to the total LP asset value

·The rewards of liquidity mining are counted in real time and accumulated automatically, and you can claim them at any time

·When you transfer the LP Token to another EOS account, the right to claim subsequent liquidity mining rewards will also be transferred

·If you transfer your LP Tokens to Swap to participate in adding liquidity, you will not be able to get the corresponding liquidity mining reward BOX

·The mining weight of your market-making liquidity pool that you participate in must > 0; otherwise you will not be able to get BOX rewards

Swap mining rules：

·When the transaction mining weight of a certain liquidity pool > 0, the smart contract releases BOX every second for the transaction mining of the liquidity pool and accumulates to the corresponding transaction mining pool;

·Different liquidity pools correspond to different transaction mining pools, and the BOX balance of each transaction mining pool does not affect each other ·The released BOX amount per second obtained by a certain transaction mining pool = the basic release amount 0.002 BOX × 70% × the transaction mining weight of the liquidity pool 5U ≤ single transaction amount＜10U, automatic mining once, and get 0.01% of BOX balance of corresponding transaction mining pool

·Single transaction amount ≥ 10U, automatic mining multiple times, and mining times = (trade amount/5) rounded to an integer.Example: A single transaction amount of 20.0126U in the USN+USDT liquidity pool, then 20.0126 is rounded to 4, it is automatically mined 4 times, and so on

·Durning multi-path swap, it will automatically mine multiple times according to the above rules.

·The BOX rewards obtained by transaction mining will be sent to your account in real time, no need to claim

Mining Rules for Lending:

·0.002 BOX is released every second by smart contract for lending mining

·Mining BOX per second in one lending market = Basic release 0.002BOX × Mining Weight of this market × 70%

·Your mining BOX for depositing this token = Mining BOX per second in this lending market × proportion for deposit mining in this lending market × the proportion of your deposit asset value to the total deposit asset value

·Your mining BOX for borrowing this token = Mining BOX per second in this lending market × proportion for borrow mining in this lending market × the proportion of your borrowing asset value to the total borrowing asset value ·When you deposit your LP Tokens, you can still enjoy the BOX mining reward for LP in Swap

·The mining weight of participating market needs to be > 0, otherwise there will be no BOX reward ·Mining reward for lending is calculated in real-time and accumulated automatically, you can claim your reward any time

·When you transfer your deposit certificate to other EOS account, the right to claim future mining reward is also transferred accordingly

About node revenue:

·The EOS staked or added in liquidity in smart contract has been used for the mining pool node voting, obtaining votes by buying REX and delegating voting right to the mining pool.

·The node revenue obtained from USN smart contract voting will be used as liquidity reward of EOS+USN liquidity pool.

Rules of buying REX by EOS:

1. Start buying REX for the first time by 20% of the total amount of EOS.

2. Afterwards, 10% of the total amount of EOS will be used to buy REX at 03:00 (UTC) every 5 days.

3. When REX leasing rate in the entire network exceeds 85%, sell all REX in the smart contract. When the leasing rate falls below 75% again, buy REX again according to the above plan 1 and plan 2.

Node revenue distribution rules:

·If you add liquidity in EOS+USN and EOS+USDT liquidity pool, you can get the node revenue, and the revenue can be claimed at any time.

·The smart contract automatically claims the node revenue.

·Your node revenue per second = (The node revenue balance claimed by smart contract + REX revenue) ÷ 72 hours ÷ 3600 seconds × the proportion of your liquidity asset value to the value of liquidity pool assets.

·The node revenue claimed by the smart contract is directly distributed to the liquidity provider, and EOS is also directly distributed to the liquidity provider. The remaining tokens will not be distributed temporarily due to the small amount.

Note: As REX in part of the collateral (max 10%) in the smart contract is locked, under the extreme black swan market, when a large liquidation amount of smart contract occurs or users withdraw EOS together within a short time, there is a possibility that it can not be completely liquidated or it is failed to withdraw all the EOS. For this reason, we use data modeling to buy REX by only 10% of the total amount of EOS every 5 days. This is a relatively safe and reliable ratio, but there is still no guarantee that the above problems can be completely avoided. However, the probability of problems has been greatly reduced.