SINGAPORE - MediaOutReach - 23 September 2020 - DBLend, the new star DeFi lending project,has instituted a new mining program for holders of its mining supported token,DIBI. DBLend's Leo reports that any community hold more than 30 million DIBI intotal, will have the privilege of "one pledging, two mining out".
Leo said: "Last week we launched a webinar series on DBLendmetrics, to break down the types of data that DeFi spin off -- what can this information tell usabout market sentiment.
After DBLend DAO members voted, the program named "onepledge, two mining out" finally passed. Which means if any community that holdmore than 30 million DIBI in total, the members of this community who also bethe DIBI holders, can earn extra DIBI when they are mining DBL in the firstmonth after starting mining."
According to the new program rules, the qualified DBL Minercan make earning as below:
1.DBL Profit algorithm
DBL(10mins) = your pledged DIBI / pledged DIBI in total *DBL Issued from Mining Pool(10mins)
(As the tokenof DBLend, DBL just can be issued by mining with a total of 2.1 million, andwill be halved year by year, no reservation, no Pre-Mining. The only wayto obtain DBL is by pledgeing DIBI token (Token of DiBi Global ECO System) tothe smart contract, and the payback cycle is 10 minutes. In addtion, DBLholders have voting rights in DBLend DAO. It will be start mining on 27 Sep.2020).
2.DIBI Profit algorithm
1 billion DIBI in DIBI Mining Pool issued in 30 days.
DIBI(10mins) = your pledged DIBI / pledged DIBI in total *DIBI Issued from Mining Pool(10mins)
(DIBI Tokenis the Platform-Token of DiBi Global Exchange. Holding DiBi Token can not onlyexchange all the rights and benifits in the whole DiBi Global Ecosystem, butalso has great potential for appreciation. DiBi Global exchange will use 20% ofall profits to buy back DIBI and ensure that prices rise by destroying them. )
"It's hard for digital currency investors to keep up withthe profound changes in crypto markets, regulation and innovation. Yet that iswhy more and more investors focus in DeFi mining Project, especially thevaluable and high-quality projects, such as YFI, Curve, DBLend, whoseparticipants can not only obtain high returns through mining, but also obtainvarious rights and interests in the project by holding project tokens to meettheir own needs." Leo added.
For more details, please visit https://www.dblend.pro
About DBLend
DBLend is a decentralized digital currency lending platformin DiBi Global ecosystem (https://www.dibic.net)which centred around the usage of DeFi (Decentralized Financial) smart contractbase on blockchain technology as a trusted intermediary in facilitating thegrowth of global lending marketplace. It also provide many DeFi products withextremely high profit without financial bubbles to users.