1.Token introduction: LendHub is a multi-chain decentralized secure lending platform of BSC and Heco, which has supported more than 20 kinds of asset lending and liquidity LHB. By lending on LendHub, users can receive incentive token LHB rewards. As the hub of the LendHub platform, LHB will realize the mutual financing and value transfer among multiple public chain assets by supporting the mutually accommodating pledge lending of multi-chain assets.
2. Token distribution:
The total amount of LHB is one billion, of which 80% is allocated to platform users, and the daily output is about 460,000. The remaining 20% is held by the team and spent on operational activities. The expenditure on operational activities is initially set at 100,000, and the remaining tokens will be unlocked in 10 years.
Release rules: 800 million of which will release LHB according to the Heco block from 15:00 on January 14, 2021. Each Heco block will produce 16 LHB, of which 14.4LHB will be allocated in the lending market, according to each market The deposit and borrowing ratio will be allocated, and the other 1.6 will be allocated to the pledge mining market. Each pool will be evenly allocated. The token allocation ratio will be dynamically adjusted according to market conditions in the future. All output token rewards will be earned by LendHub users. The initial setting of 100,000 tokens for operating activities has been unlocked, and the remaining tokens will be unlocked according to the Heco block from 00:00 on February 1, 2021. Each block will unlock 2 LHB, and the unlocking will be completed after ten years.
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