Pumpkin - the first Yield Farming project in the IOST chain, launched by partner node IOST Pumpkin and supported by IOST.
Contents:
Description of the Pumpkin
Pumpkin Token (PPT) - an IRC20 token, issued on the IOST chain by the Pumpkin project. The total number of PPTs is 2,927,232 and 95% of the total will be provided to users through liquidity extraction.
In addition, the support team will reserve 5% of the total PPT supply for technology development and market transaction costs. For every 100 PPT users mine, a team can unlock 5 PPTs. Why users choose this platform:
| Control | Fully community driven. |
| Transparency | Investment without risk. |
| Payments | Lack of private investment. |
| Mining | No pre-mining. |
To stimulate early PPT proponents, the Pumpkin team proposed a halving model, where the PPT output would halve every 7 days. There are 4 farming pools for PPT farming:
- silver;
- gold;
- platinum;
- diamond.
In the silver pool, you wager any IOST amount to receive PPT. The gold farming pool works, according to the ratio of 1 PPT: 10,000 IOST, bid PPT and IOST, at the same time, to get PPT. The Platinum Farm Pool operates at the same 1 PPT ratio. The most important rule - the minimum wager requirements - 20 million IOST and 2000 PPT. Diamond Pharma Pool - minimum rate requirements of 50 million IOST and 5000 PPT.
The contract on the project uses a temporary blocking mechanism and will open when you enter this platform. After the owner of the contract enables the temporary lock, if he wants to renew the contract, he must first call stopTimelock. After that, the contract can be renewed after 24 hours. If the user is not satisfied with the latest contract update, they have 24 hours to revoke.
Additional information
For details, check out the Twitter channel. There you can find out about the nearest updates, promotions and take part in contests. Most importantly, subscribe to be the first to know about the White Paper.