Da Gama Staking Economy is launched officially. At 7 a.m., October 2, 2020, Da Gama APP will do snapshots the first time, and then distribute DIF rewards. During the SE period, it is expected to produce over one million DIF, opening a new age of “inclusive mining”.
Duration: around 3 months(duration will be mildly adjusted based on the actual situation)
Volume: more than a million DIF
Monthly output rule:
500,000 DIF is produced in the first month, DIF output increases by 11% month by month.
SE reward:
- The DIF produced every month during SE is used for reward in two areas, staking reward occupies 50%, while expansion reward takes up 50%.
- Staking reward adopts the unique “equalized algorithm”(review the whitepaper to know the specific algorithm formula), obtain the most cost-effective profits through pursuing the best staking algorithm, more staking does not result in higher cost effective profits, the realization of “inclusive mining“ breaks the situation in which the major crypto-holders obtain the majority revenue of “mining”.
- Expansion reward, inviting users generate expansion hashrate, the platform distributes rewards automatically judging from the proportion of the total computing power formed by users to the total computing power of the entire internet.
SE participation:
Make sure that Da Gama is updated to the latest version. Please click the exclusive downloading page(www.dagama.pro) to download or update if it is not the latest version.
Make sure there is a enough amount of DIF balance in the account to participate in SE(make sure the account balance is larger than the minimum staking)
Frequently asked questions:
1) Is it complicated to participate in Da Gama SE?
Da Gama adopts the humanized operation method, automatic participation of account balance, no extra operation is required.
2) Does DIF need to be locked in Da Gama SE?
No it does not.
3) Where can you get the DIF during SE phase?
Crypto trading, staking reward and expansion reward.
4) How often is DIF rewarded?
Snapshot is taken at 7 a.m. everyday, DIF rewards are issued on a daily basis.
5) How many accounts can one register to participate in SE?
So far, Da Gama has enabled the multiple account management function, with one effective phone number, users can register multiple accounts to participate in Da Gama SE.
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