What is Alchemy World — Mining Pools
Alchemy World Introduction
Alchemy World is DeFi+NFT+FOMO liquidity Mining platform, it encrypts the magical alchemist image on the Ethereum, allowing players to collect and buy elements, have fun in the alchemy, and earn revenue through NFT.
FARM Introduction
Alchemy World contains V1 and V2 mining pools. Players can freely choose them according to their own needs. Among them, V1 genesis pool can obtain Fe by destroying Fire, while V2 pool can obtain Fe directly by pledging respectively ETH and Fe in LP liquidity pool. Each mining calculation and income are different, let’s lead look at this in more detail.
V1 Genesis Pool Mining Turorial
Total supply(100%):
1875 Fe
Mining conditions:
Destroy Fire to dig Fe
Mining process:
After logging in with wallet authorization, players can initiate the request of destroying mining on DAPP and send a certain amount of Fire to the destruction address. The intelligent contract will exchange the corresponding proportion of Fe according to the exchange ratio.
Fe supply reduction cycle:
initial 1000 Fe, second week 500 Fe, third week 250 Fe, fourth week 125 Fe, half per week.
Mining income:
Mining income per second = number of Fe destroyed/number of pool destroyed * pool output per second, (the background value is accurate to 8 digits)
Mining duration:
The duration of Fire destroy will remain valid until the end of the pool release cycle
Mining calculation power: Number of Fire destroyed (Fire)= calculation power(T)
Alchemists:
When the mining address is more than or equal to 100：
Personal computing power = number of fires destroyed
total computing power = the sum of all address computing power
Mining income = personal computing power/total computing power * pool release Fe per second
When the mining address is less than 100：
Personal computing power = number of fires destroyed * range factor
total computing power = the sum of all address computing power
Mining income = personal computing power/total computing power * pool release Fe per second
V2 Fe/ETH LP Pool Mining Turorial
Mining quantity:
To be deployed
Mining conditions:
Pledge Fe/ETH LP to dig Fe
Mining period:
To be determined
Mining calculation power:
Number of pledged tokens = calculation power (T)
Pool revenue distribution:
when the number of player addresses in the pool is less than 100, the pool will be allocated as the default revenue. When the address is more than 100, the pool will be allocated as the range. Dynamic range will be updated as each player enters: Revenue per player = pool revenue per second * computing power/final power
Mining calculation power:
Distroyed Fire/ pledged LP number * range reward coefficient
Range description:
Destroyed Fire number /ranking of number pledged by order. The range ranges will be dynamically updated. According to the dynamic range, players will be rewarded with extra power.
Description of dynamic range:
Remark:
When players participate in mining, the dynamic range of reward revenue will be arranged in the order of “high > low > general”
The ratio of player number and range variation is as follows:
The above is the introduction of the alchemy world mining pool, Alchemy World will launch more gameplay, please look forward to it.
