DMEX Official Announcement: Joint mining pool revenue adjustment
Since the Filecoin mainnet came online, an increasing number of investors are flocking into the FIL mining business. The FIL mining power of the entire network has been significantly enhanced. According to the statistics of the Filfox mainnet, from February 14th, 2021 to May 11th, 2021, the average 24 hours output of FIL mining has dropped from 0.1143 FIL per T to 0.0676 FIL per T, with an average daily output reduction by 0.00054302 FIL per T in 86 days. In order to protect DMEX users’ long-term stable income, we decided to make the following adjustments to the DMEX joint mining pool.
1. The DMEX platform will establish a reserve pool for risk management.
The DMEX platform will allocate a certain amount of mining income towards a reserve pool for risk management. When the total asset in the reserve pool reaches investors’ total capitals waiting to be released in the joint mining pool, users will be able to withdraw all capitals. Upon the withdrawal, users will still obtain the mining revenues during the remaining mining period.
2. The DMEX platform will adjust the allocation of the joint mining output.
The highest annual percentage yield (APY) of the HUSD pool will be set at 20%. If the APY of the HUSD pool rises above 20%, the extra mining revenue will enter the reserve pool. If the APY is under 20%, users will obtain the actual mining income of the HUSD pool.
The highest APY of the HFIL pool will be set at 20%. If the APY of the HFIL pool rises above 20%, the extra mining revenue will enter the reserve pool. If the APY is under 20%, users will obtain the actual mining income of the HFIL pool.
The above joint mining pool adjustments will become effective shortly. The DMEX platform will continue to provide quality investment products to average users.
DMEX platform (DMEX.im)
May 14th, 2021
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