Dear MATR1X Users, To provide clarity on the $FIRE token unlock process, please refer to the following details:
📅 Unlock Period
Starting from May 8th 00:00 (UTC +8) , accounts holding locked $FIRE tokens will undergo a daily unlock operation, continuing for a total of 180 days.
🔢 Daily Unlock Amount Calculation
The amount unlocked each day is calculated using the following formula:
Unlock Amount = min( Locked FIRE Balance, max( a, (1 / Remaining Unlocks) * Locked FIRE Balance ) )
Where:
- a is a fixed minimum unlock amount per operation, which is 10.
- Remaining Unlocks: Initially 180, reduced by 1 after each unlock operation is completed
After each unlock operation, the unlocked amount will be deducted from the account’s locked $FIRE balance.
💰 Unlock Transaction Records
Each $FIRE unlock operation will be recorded in the transaction history with the note “Token release.”
🖥️ Website Display
In the “Platform Asset” section, under “Locked FIRE,” an information icon (“i”) has been added. Clicking this icon will open a popup displaying the unlock rules.
📖Unlocking Note：
The unlocked $FIRE is considered as part of Game Mining. We will directly mint 56,622,704 $FIRE from the $FIRE contract and transfer it to the MATR1X platform treasury. Users can log in to their platform account to claim the unlocked $FIRE.
If you have any questions, please feel free to contact our support team. Thank you for your continued support!
MATR1X Team
