Wisdomise(WSDM) Available on Kucoin BurningDrop

Wisdomise AI (WSDM) will be available on BurningDrop from 9:00:00 on May 8. 2024 (UTC). KCS pool will be opened during the subscription period for all users to subscribe. Additionally, during the Burning Acceleration Period, users who have already subscribed can choose to burn KCS to mine more WSDM airdrops.

Participation Ways: Web / App

Timeline:

• Subscription Period: 9:00:00 on May 8. 2024 to 18:00:00 on May 8. 2024 (UTC)
• Burning Acceleration Period: 20:00:00 on May 8. 2024 to 02:00:00 on May 9. 2024 (UTC)
• Staking Period: 02:00:00 on May 9. 2024 to 01:59:59 on May 29. 2024 (UTC)

Rewards Distribution:

• Total WSDM Allocation: 5.000.000
• Rewards Distribution: 15% of the WSDM rewards will be distributed before WSDM trading starts in the KuCoin Spot Market. The remaining 85% will be distributed in 17% batches every month after 1 month lockup from the 1st distribution.

Calculation Method:

1) User's Initial Allocation F = Individual staking amount of the Product * certain Distribution Coefficient * the price of staked assets in USDT at the start of the Subscription Period

e.g.Alice staked 50 KCS in the KCS-FOR-WSDM-20D section. Assume that the price of KCS at the start of the subscription period is $8. Thus, Alice's Initial Allocation will be:

50 * 1 * 8 = 400

2) Accelerating Coefficient by burning KCS, namely V = 0.18452 * arctan (3.000 * ε - 2.08) 0.207166085. wherein ε = Amount of the KCS user burns / F

3) Single User Final Allocation after burning KCS = F'

4) F' = (V 1) F

User Final Rewards of WSDM = (F' / Overall Final Allocation) * Total AirDrop of WSDM

What is Wisdomise AI?

With the vision of democratizing wealth creation, Wisdomise, an AI-powered intelligence and investment platform, combines proprietary insights with automated financial instruments for risk-adjusted, hassle-free investment in crypto markets.

It also offers traders and asset managers advanced tools to augment and optimize their strategies with AI, hence attracting more AUM. Soon, Wisdomise will evolve into an open ecosystem, integrating select dApps and DeFi protocols, after validation, into a one-stop-shop for investment in digital assets.

$WSDM serves as the sole currency and governance lever in this ecosystem, offering unique utilities like yield farming, liquid staking, preferential access, loss protection, and governance rights.

Website: https://wisdomise.com/

Twitter: https://twitter.com/wisdomise

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