Mining

Mining is divided into two stages.

Phase 1 : KSTAR

We airdrop KSTAR to KSTAR Pool to increase distribution volume after IDO. We will airdrop KSTAR until 500,000,000,000 KSTAR, which is 50% of the total issuance, is distributed.

Phase 2 : KSTARD

Airdrop KSTARD to KSTAR Pool from the time the distribution of KSTAR reaches 50% in the first stage. KSTARD is used for dividend/reward distribution, not for transactions. You can receive dividends/rewards for the relevant business year as much as KSTARD's holding rate. Dividends/rewards = Total dividend amount for the relevant business year / KSTARD total issuance * KSTARD holdings

In order to distribute all KSTARDs issued in one year (business year), we airdrop as follows.

Number of KSTARD airdrops per block = 1,000,000,000,000 (total issuance for the relevant business year) / [60 seconds * 60 minutes * 24 hours * 365 days]

※ Suppose a block is generated per second.