Timeline
TRON Century Mining: March 8, 2021 21:00 - June 7, 2021 20:59 (SGT)
First mining round: Mar 8 2021, 21:00 - Apr 5 2021, 20:59 (SGT)
Second mining round：Apr 5, 2021 21:00——May 3, 2021 20:59(SGT）
Third mining round：May 3, 2021 20:59 ——June 7, 20:59(SGT）
How are rewards allocated among pools in the first round?
How are rewards allocated among pools in the second round?
How are rewards allocated among pools in the third round?
How to participate in liquidity mining?
How to participate in JustLend supply mining?
Distribution of rewards
Liquidity mining rewards
1) 1/3 of SUNOLD mining rewards can be withdrawn anytime. The rest will be automatically distributed once a week in 24 weeks;
2) Mining rewards other than SUNOLD will be automatically distributed once a week in 24 weeks.
JustLend supply rewards
1) Mining rewards will be distributed once a week in 24 weeks;
2) Supply rewards can be withdrawn anytime.
* Distribution of mining rewards will begin from the second week of your participation. For example, if you participate in the campaign in Week 1, then the distribution will begin in Week 2, and your rewards will be fully distributed in Week 25.
Calculation
Mining rewards
Mining rewards earned by users are the sum of all tokens' mining output contained in the mining bonus.
Amount of mining rewards for each Token = ∑(percentage of Token owned by the user within a block x number of Token generated by the pool within a block)
- Percentage of Token owned by the user within a block = number of Token staked by the user within the block / number of Token staked by all users within the block
- Number of Token generated by the pool within a block = daily mining output of Token / daily number of blocks generated
(The daily mining output of various tokens will be distributed in accordance with the mining bonus)
Total APY
Total APY is the sum of APYs on various tokens within the mining bonus.
Token mining APY = (Number of Token generated by the pool per second x Token price x 31,536,000) / total assets staked in the pool
- Total assets staked in the pool: the TRX value of the total number of Token staked in the pool
- Token price: Token/TRX real-time price
Mining pools jointly launched with other DeFi ecosystems will offer multiple benefits. Existing JustLend pools will offer additional supply rewards, and the supply APY will be subject to JustLend market conditions (click here to learn more about supply APY).