BitWell’s first phase of MineWell yield farming has now officially ended. A total of 6.29 million WELLs have been mined by participating users by 16:00 PM(UTC), November 05, 2020. Another 10,000 WELLs to be released by airdrop through the ‘Inviting & Yield Farming’ activity.
In this period, a total amount of 229.24 million WELLs were burned. With the combined efforts of our community users, our liquidity of the pool has been greatly improved. At the same time, in order to ensure the extreme deflation of WELL, we conducted a one-time burn of the remaining 100.46 million WELLs in the yield farming pool. So far, the total number of WELLs burned has reached 329.7 million, accounting for 15.7% of the total.
Since the start of MineWell yield farming on September 03, we have received a lot of support from the majority of users. The number of users participating in POS pool mining has been increasing. BitWell would like to express great thanks to the users who have been supporting us for these two months.
BitWell will continue to innovate more products, launch more activities to constantly improve your experience. Please kindly look forward to it.
WELL Burn txid:
BitWell is committed to building a fair and transparent global digital asset trading platform, providing investors with secure, convenient and intelligent blockchain derivatives trading services.
Telegram English: https://t.me/Bitwell_English
Telegram Chinese: https://t.me/Bitwell_Chinese