Dear MATR1X Users,
To help you better understand the unlocking rules for $FIRE Token, we hereby explain as follows:
📅 Unlocking Cycle
Starting from May 8th 00:00 (UTC+8), the $FIRE Tokens locked in the account will undergo daily unlocking operations, continuing for a total of 180 days.
🔢 Daily Unlocking Quantity Calculation Formula
The daily unlocking quantity is calculated according to the following formula:
Unlocking Quantity = min {Account's locked FIRE balance, max[a, (1 / Remaining unlocking times) * Account's locked FIRE balance]}
Where:
a is the minimum fixed quantity for each unlocking, with a value of 10.
Remaining unlocking times: Initially 180, reduced by 1 after each unlocking operation
After each unlocking, the corresponding quantity will be deducted from the account's locked $FIRE balance.
💰 Unlocking Fund Flow
Each $FIRE unlocking operation will be recorded in the fund flow, with a note of "Token release".
🖥️ Official Website Page Display
In the "Platform Assets" page under the "Locked FIRE" item, an explanation of the unlocking rules has been added.
Click the "i" icon to pop up the window displaying the unlocking rules.
📖 Unlocking Explanation:
The unlocked $FIRE is considered part of Game Mining. We will directly Mint 56,622,704 $FIRE from the $FIRE contract and transfer it to the MATR1X platform vault, where users can log into their platform account to claim the unlocked $FIRE.
If you have any questions, please contact our customer service team at any time. Thank you for your support!
MATR1X Team
