Team Mining

How does this work？

Each team leader will receive a unique UID. When team members interact on enzo.finance, they can use this UID to bind their accounts and establish an invitation relationship. The team leader and team members with the same UID belong to the same team, but there is a distinction between the team leader and team members.

Team Mining

Through team mining, participants can enjoy accelerated mining rewards based on their team's total TVL (Total Value Locked) at midnight of the previous day. The TVL is calculated with a deposit coefficient of 1 and a borrowing coefficient of 3 (e.g., a deposit of $100 and a loan of $100 equals $100 + $100 * 3 = $400). The team leader’s personal acceleration rate is 1.5 times that of team members. The following are the acceleration rates for team members based on the team's total TVL:

• $100,000 - $199,999: +20% mining speed

• $200,000 - $499,999: +30% mining speed

• $500,000 - $799,999: +40% mining speed

• $800,000 - $1,199,999+50% mining speed

• $,1200,000 - $19,999,999: +60% mining speed

• Over $2,000,000: +70% mining speed

Additional ENZO Airdrop Calculation:

• Team Leader: Additional ENZO airdrop = Team leader’s personal mining output from the previous day * team acceleration rate * 1.5

• Team Members: Additional ENZO airdrop = Team member’s personal mining output from the previous day * team acceleration rate

Example:

Suppose a team's total TVL snapshot at midnight the previous day is $500,000. The entire team’s acceleration rate would be 40%.

• If the team leader mined 1,000 ENZO the previous day, the additional ENZO airdrop for the team leader would be: 1,000 * 40% * 1.5 = 600

• If a team member mined 500 ENZO the previous day, the additional ENZO airdrop for the team member would be: 500 * 40% = 200