$SOVI Mining Detail Mechanism(HECO)
$SOVI SINGLE POOL $SOVI Single Pool won't accept any staking over $500,000 worth of token within one address.
$SOVI LP POOL $SOVI LP Mining Pool has many features to benefit influencers and loyal supporters. Following the idealism our team always believe, we care every user's benefit and experience, little force could make difference, and we want to unite all that, by applying following mechanisms, which could be quite complicated to understand in the beginning, however we believe this will work and we could build a large and sustainable ecosystem all together.
Referral Reward Users who established referral connection by hSOV2 are able to receive extra $SOVI production from his/her invites. Based on different stages, ratio of referral reward will increase by the chart below: Stage 1: 14 days | 70000 $SOVI | 6% Stage 2: 21 days | 73500 $SOVI | 7% Condition: In order to receive the reward, User need to stake LP with the value of: $SOVI / USDT - 500 USDT and relevant amount of $SOVI $SOVI / WHT - 40 WHT and relevant amount of $SOVI Referral Reward only works with 3 layer structure, with 50% extra referral production to direct inviter, 50% extra referral production to indirect inviter. Every address can only have one inviter, but is able to invite uncountable addresses below him. To understand more on how to establish referrals by hSOV2 please go to: https://docs.sovi.finance/others/what-is-hsov-token
Extra Mining Production based on referral Users who stake over 500 USDT / 40 WHT are able to mine extra based on the referral reward they harvest. Every extra 500 USDT / 40 WHT will generate 10% extra referral reward, up to 100% extra, more details are listed below: 500 USDT | 40 HT | 10% 1000 USDT | 80 HT | 20% 1500 USDT | 120 HT | 30% 2000 USDT | 160 HT | 40% 2500 USDT | 200 HT | 50% 3000 USDT | 240 HT | 60% 3500 USDT | 280 HT | 70% 4000 USDT | 320 HT | 80% 4500 USDT | 360 HT | 90% 5000 USDT | 400 HT | 100% hSOV2 Holder Extra Referral Users who holds over 1000 hSOV2 are able to gain extra referral reward, following below: 1000 hSOV | 1% extra 3000 hSOV | 3% extra 5000 hSOV | 5% extra Example User A invited user B. User A: Staked 1000 USDT and relevant amount of $SOVI in the mining pool. Holds 5000 hSOV
User B mined 100 $SOVI, within stage one, therefore he will generate 6% * 100 * 50% = 3 $SOVI to user A. User A will actually receive: 3 $SOVI + 3 * (20%+5%) = 3.75 $SOVI extra reward from his referral connection B.