1. What is contract transaction mining?
The so-called transaction mining, simply speaking, refers to the handling fee generated by the user on the Umifi contract platform, which will be converted into DRV and returned to the user according to certain rules . This process is simply called contract transaction mining.
There are currently two mining methods that can obtain DRV rewards:
1) Transaction mining
a. The handling fee generated by the normal transaction contract will be converted into the corresponding DRV based on the user's mining return ratio according to the average price of the previous day of the DRV. 20% of the rewarded DRV will be distributed daily, and the distribution will be completed within 5 days
b. For the orders of contract trading liquidation, the margin for the liquidation order loss will be converted into the corresponding DRV according to the user's mining return ratio according to the average price of the previous day of the DRV. The returned part of the DRV will be distributed 1% every day, and the distribution will be completed within 100 days
The specific mining level and return ratio are as follows:
Therefore, to obtain different mining levels, you need to lock the corresponding number of DRVs. For example, if you hold 500 DRVs and lock 500 DRVs on the mining page, you will be upgraded to the VIP1 miner level. Of course, it is more advantageous to upgrade to a higher level. , Because the return ratio of VIP1 is 5 times that of VIP0 (refer to the mining level chart above)
Click here to purchase DRV
2) Invite mining
During the event, new users are invited to participate in contract transaction mining, and the inviter can receive a reward of 2% of the DRV from the invited user’s mining
2. Understanding Umifi platform currency: DRV
As the Umifi platform token, DRV has a fixed issuance limit of 100 million . The output method is 2% through targeted distribution to institutions or communities that help promote the development of the platform’s business, 2% through public subscription activities, and the remaining 96% through various operational activities (including new user rewards). , Invite new users for rewards, transaction standards, transaction gifts, etc.)
The application scenarios of DRV include but are not limited to the following:
1. Use a 25% discount to deduct the actual handling costs incurred in contract transactions
2. Purchasing weekly/monthly/quarterly VIP or becoming a basic condition for VIP
3. The platform will inject 50% of the actual fee income into the DRV special fund. Holding the DRV and meeting the corresponding conditions is deemed to have the fund share, can redeem the injected fee, and enjoy the income generated by the fund operation
For specific redemption rules and the tradable data of DRV, please refer to: https://www.umifi.com/
3. Novices participate in trading and mining operation teaching
Step 1: If you are a new user, you need to register a U-Net account first (after completing the registration, you can get 20 yuan equivalent BTC rewards by real-name and trading 100U)
Click me to learn how to perform real-name authentication
Step 2: Click [Contract Transaction] in the navigation bar of the U online party
Step 3: Click the [Login] button in the upper right corner of the Umifi navigation bar , and click the [Go to Login] button in the pop-up window
Step 4: Click [Go to Login] , and then enter your own U-net username and password, and then you will be redirected to the contract site directly after logging in
Step 5: Transfer assets and perform contract transactions to get DRV mining rewards
Transfer tutorial: How to transfer assets
Contract APP trading tutorial: How to conduct contract trading (APP version)
Contract official website trading tutorial: how to conduct contract trading (web version)
What should I do if I have a problem?
Click here to see how to contact Unet customer service
Warm reminder, beware of false customer service
How to join the Unet (umifi.com) community
fficial Telegram:Click to learn
Official twitter:click to understand
Official Medium: Click to learn
Official linkedin: click to understand
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