2000000 DAT-Test! Dante Network’s Second Incentive Plan Rules and Instructions
Since Dante Network’s early community users have high overlap with PlatON community users, and we share similar consensus and consistent value proposition, therefore, to build a better community environment, we decide to launch our second airdrop to our LAT holders as an incentive program on 9th Jul, 2021.
Note: Dat-Test will be automatically mapped into DAT (Official Token) after Dante Network Mainnet launched.
Second incentive plan
Snapshot time point
The snapshot will be taken when the height of PlatON block reaches 6100283. The estimated time is 12 PM UTC| 20 PM (GMT+8) on 9th July, 2021. (The specific time is decided by the height of the block.)
Prize Giving
In total, Dante Network is set to distribute 2000000 DAT-Test.
Conditions of Participation
At the time that the snapshot is captured, the holders who have more than or equal to 10 LAT in their LAT address could join the activity! (ATTENTION: the prize calculation does not include lock position. All qualified LAT address can get the reward, except the addresses belong to LatticeX Foundation and crypto exchange.).
Calculation model of the prize
The second incentive program calculation model of personal equity R:
Lati is ith User’s LAT number (not including lock position);
v0=1,000; v1=200,000；
Hence:
1. For users who hold LAT within range 10 to v0 (10≤Lati<v), the incentive plan will calculate the equity as the 1.2 power of their LAT number.
2. For users who hold the LAT number from v0 to v1 (v0<Lati≤v0), the incentive plan will calculate the equity as the sum of 1.2 power of LAT number from 10 to v0 and 0.99 power of LAT number from v0 to Lati.
3. For users who hold LAT larger than v1, the incentive plan will calculate its equity as the sum of three parts, 1.2 power of LAT number from 10 to v0, 0.99 power of LAT number from v0 to v1 and 0.3 power of LAT number that is greater than v1.
Calculation model of the DAT-Test rewards B:
∑Rj is the sum of all users equity as mentioned above.
Bi is the rewarded number of Dat-test.
Easy case:
Calculating as current block numbers that showed on PlatON, ∑Rj values 92409414 (the snapshot is captured at July 5th, 2021), then:
Situation 1：Useri has 500 LAT, then Ri=500^1.2, the reward that Useri could get equals Ri/92409414*2000000. In another words, we will allocate about 37.5 DAT-test to Useri who holds 500 LAT.
Situation 2: Useri holds 10000 LAT, then Ri=1000^1.2+9000^0.99. The reward that Useri could get equals Ri/92409414*2000000, which is about 363.9 Dat-test.
Situation 3: Useri holds 400000 LAT, which belongs to the third interval, then the personal equity will be calculated as 1000^1.2+199000^0.99+ 200000^0.3, which is about 180162.66. Therefore, we will allocate about 3899.23(180162.66/92409414) DAT-Test to Useri.
Note:
The data above is only for reference. The specific data is subject to the time when the snapshot is captured. We sincerely hope this incentive plan could offer a fair way to motivate more users to join our community and attract more interests, therefore, this time we choose to distribute the DAT-Test according to different intervals and different personal equity indexes. Hopefully, all users in our network could share a fair distribution as a motivation to contribute to the community and their own interests.
Prize allocation
All rewards will be distributed to the users within 5 business days after the snapshot is captured.
Prize check
We currency do not reveal all third-party prc20 tokens because there is some temporary adjustment of ATON wallet. But it will not impact the snapshot and the prize allocation. The two rounds incentive plan both can be checked through third-party block chrome.
Link: https://www.Plateye.com/
(Click link — Enter address — Click PRC20 token)
Dante network team is negotiating with more third-party wallets platforms, and will support private key access to show DAT-test position.
About Dante Network
What is Dante Network
Dante Network is a Layer2 privacy storage network based on PlatON ecosystem, which is designed to solve the data storage privacy issue, providing a solution for data storage, and protecting data privacy in the key part of data processing with the private AI computing network of PlatON.
Mission of Dante Network
The mission of Dante Network is to become the security station for the free circulation of digital assets. Dante Network aims to be part of the PlatON ecosystem, working with PlatON and other parties in the ecosystem to secure the privacy of all participants in the ecosystem in the key areas such as data circulation, storage, calculating, and ensuring the data owners keep the data sovereignty and protect their information privacy to gain their due rights and interests in the process of the increasing value of their data circulation.
Exploring more Dante details please check the following link:
Dante Website: https://dantechain.com
Dante Twitter: https://twitter.com/DanteNetwork
Dante Telegram: https://t.me/Dante_Network
