Dumbo is the first Web3.0 application launched by the DAS public chain. It will be issued based on the Binance Smart Chain BSC in the early stage. It is a user interaction that integrates games, social networking, entertainment, creation, display, education, trading and other activities The platform provides users in the real world with a window to efficiently experience the user interaction mode under the Web3.0 ecosystem, bringing users advanced gameplay + unique economic model + NFT experience, and creating the first Web3 of the DAS public chain. 0 value realization entrance.
Dumbo has its own in-game cryptocurrency and a robust monetary economic system. DUMBO token issuance: 10 billion pieces, initial price: 0.0018USDT/piece, of which 20% of DUMBO tokens are used for LP pool, 60% are used for mining pool output, 15% are used for IDO public offering, and 3% are used for For ecological construction, 2% is used for technology development.
Dumbo NFT is a limited collection of NFTs and is deeply linked to its DUMBO token. Holders of Dumbo NFT will be deeply bound to the relevant rights and interests of the DAS ecosystem, including token airdrop rights. , The total amount of Dumbo NFT is 600. Holding Dumbo NFT can accelerate the production of MASS when LP pledge is carried out, and at the same time, the holder can get a 10% dividend of MASS output for users of the whole network. Dumbo NFT can be freely placed and traded on Dumbo DAPP. At present, due to the scarcity of quantity, it is expected that the subsequent price will continue to rise.
At present, Dumbo is about to launch a whitelist for the first node, with a number of 100. Users only need to invite five people to join the Dumbo community to obtain the whitelist qualification. At the same time, becoming a Dumbo node can also obtain additional rights and interests, and can obtain a rare Dumbo NFT, enjoy more rights, including membership and voting qualifications for subsequent DAO governance.
In addition, DUMBO IDO will also be opened in the near future. There are a total of 10 DUMBO IDO phases, each of which is 48 hours long. The number of IDOs in each phase is 1,300 (each with 111111 DUMBO), and the price of each IDO will continue to rise. It is worth noting that participating in the DUMBO token IDO will have the opportunity to obtain additional rewards. The top 20 recommended addresses in each phase will receive Dumbo NFT, and each IDO quota contains 20. And the recommended users will recommend IDO, and the direct pusher can get 1-10 generations of IDO recommendation income.
After the user participates in the IDO, the first LP pool of Dumbo can be opened. DUMBO and USDT can add LP, and the LP can be released after being locked for one year. The transaction fee for buying and selling DUMBO tokens is 5%. In addition, the fee for adding and removing the LP pool is also 5%. This part of the fee will be used for destruction, return to the LP pool, and flow into the lucky pool.
Suppose the user adds a Dumbo LP pool and uses DUMBO tokens equivalent to 500USDT+500USDT (for example, one price is 0.0018USDT, that is, 277777 DUMBOs), then the user will press the pledged DUMBO every day, according to the currency standard output, which is 1.5% per day , that is, 277777 times 0.015 = 4166 MASS, the MASS produced cannot be traded in the market, but can only be entered into DAPP to resonate Dumbo tokens. The resonant MASS token will be smashed as the resonance price, and the smashed touch contract will resonate the DUMBO token, and the contract will automatically distribute the tokens to the user's wallet, and the user does not need to recharge and withdraw tokens from the DAPP.
For a large resonance cycle, there are 20 resonance rounds in total, with 20 layers in each round. The higher the number of layers, the higher the resonance cost. As the number of layers increases, the same amount of DUMBO tokens will use more MASS resonance. In the first round of the first-layer resonance, 1MASS can resonate 1DUMBO; in the second-layer resonance, 1.2MASS can resonate 1DUMBO; in the third-layer resonance, 1.4MASS can resonate 1DUMBO. The number of MASS increased by 0.2, until the twentieth floor, it takes 4.8 MASS to resonate 1DUMBO.
In addition, in the resonance, there is a limit on the number of DUMBO tokens that can resonate in each layer. The first layer can resonate up to 100 DUMBO tokens, the second layer can resonate up to 200 tokens, and the third layer can resonate 400 tokens. The number is doubled, and the number of resonating layers in the twentieth layer is 52,428,800 DUMBOs.
The resonance cost of the new round of the first layer starts from the resonance cost of the previous round of the tenth layer. For example: the first floor of the second round: 3 MASS resonance 1 DUMBO. Every subsequent round follows this rule. One round of resonance is 20 layers, one cycle is 20 rounds, and every 20 rounds ends, it returns to 1MASS to resonate 1DUMBO, and starts from the beginning.
At the same time, in order to motivate more users, Dumbo will open a special lucky pool. 2% of the DUMBO token transaction fee (automatically exchanged for USDT) will flow into the lucky pool (designated contract) as a lucky reward. Buy up to ten DUMBO tokens within 24 hours of the day. Each address will automatically win the lottery, and it will be automatically transferred to the wallet address after winning the lottery. The lucky pool winning address will be displayed on the DAPP. 50% of the lucky pool on the day will be used as a lucky reward, and the remaining 50% will go to the next round of lucky pool. Assuming that there are 10,000 USDT in the lucky pool on that day, 5,000 will be used as the lucky prize of the day, and the remaining 5,000 will enter the next round as the base. Each round of lucky pool is 24 hours.