8V LaunchX Protocol

About 8V Launchpool

What is 8V Launchpool?

Launchpool allows you to stake multiple cryptocurrencies simultaneously to obtain project tokens for free. 8V Launchpool supports various staking tokens, such as BTC, ETH, USDT, and other tokens. Details will vary depending on the specific project (the specific staking currency is subject to the event page).

How to participate in 8V Launchpool?

Simply visit the Launchpool homepage and click “Stake Now” to participate in the relevant project. Once successfully registered, you can proceed to stake your selected project and earn tokens.

How to redeem the staked tokens?

After the staking period ends, your stake will be automatically redeemed.

How is the estimated annualized rate of return calculated?

The estimated annualized percentage rate (APR) is the sum of the estimated annualized yield for each pool, which is derived from the total number of tokens staked to the pool by all corresponding participants.

How are the rewards distributed?

Rewards are settled every hour and distributed to your 8V account.

How is my daily reward calculated?
  • 1. Rewards are calculated hourly.
    • Example:
      • a. The total reward pool for a project is 1,000,000 tokens, distributed over 30 days.
      • b. The platform distributes 33,333 tokens daily.
      • c. User A stakes 1,000 ETH.
      • d. The total staking amount in the Launchpool is 100,000 ETH.
    • User A’s daily reward can be calculated as:
    • User A’s daily reward = (User A’s staked amount / Total staked amount) × Daily reward pool
    • Substituting the values: User A’s daily reward = (1,000 / 100,000) × 33,333 = 333.33 tokens
  • 2. Estimated APR formula:
    • a. For projects listed on the spot trading market with a price:
      • Estimated APR = (Airdrop amount in the last hour × Current token price) / (Total staked amount in the last hour × Current token price) × 365 × 24 × 100%
    • b. For projects not listed on the spot trading market without a price: The APR will be displayed as “–%”.
How to participate in 8V Launchpad?

You can participate in Launchpad token subscriptions by staking BTC, ETH, USDT, and other cryptocurrencies (specific staking tokens are subject to the activity page). Currently, staked tokens cannot be redeemed early.

How to qualify for participation?

Once the activity begins, follow the rules displayed on the activity page. By completing the required steps, you can qualify for participation.

Launchpad Subscription Process

During the subscription period, visit the 8V LaunchX page, click on “Subscribe Now,” and complete the subscription by staking the specified amount of tokens as required.

Token Distribution Rules:
Allocated token amount = (User’s staked token amount / Total staked tokens from all users) × Total tokens available for sale in this Launchpad event

Example:
1.The total token distribution for a project: 1,000,000,000.00 tokens.
2.There are 10 users participating in the subscription using USDT. The subscription results are as follows:

UserAmount of USDT StakedPercentage of Total PoolTokens Allocated to User
User127,0000.225225,000,000
User220,0000.167166,666,666
User315,0000.125125,000,000
User413,0000.108108,333,333
User512,0000.1100,000,000
User610,0000.08383,333,333
User78,0000.06766,666,667
User87,0000.05858,333,333
User95,0000.04241,666,667
User103,0000.02525,000,000
Total120,000  

If the platform sets a subscription cap of 120,000,000 tokens, but Users 1, 2, and 3 have already reached the cap, the allocation will be redistributed as follows:

UserAmount of USDT StakedPercentage of Total PoolTokens Allocated to UserExcess amount beyond the cap
User127,0000.225120,000,000105,000,000
User220,0000.167120,000,00046,666,666
User315,0000.125120,000,0005,000,000
User413,0000.108108,333,333 
User512,0000.1100,000,000 
User610,0000.08383,333,333 
User78,0000.06766,666,667 
User87,0000.05858,333,333 
User95,0000.04241,666,667 
User103,0000.02525,000,000 
Total120,000  156,666,666

Excess Amount Beyond the Cap:

Excess = Tokens Allocated to User – Subscription Cap per User

Redistribution Calculation Formula:
Exclude the token amounts staked by users who have already exceeded the allocation cap. Sum the token amounts staked by the remaining users who are below the cap to calculate their proportion of the remaining pool.

Using the example above:
Exclude Users 1, 2, and 3. Calculate the total staked tokens for Users 4, 5, 6, 7, 8, 9, and 10, then determine their proportion in this pool. Based on their proportion, distribute the remaining 156,666,666 tokens.

Example Calculation for User 4:
13,000/(13,000+12,000+10,000+8,000+7,000+5,000+3,000)×156,666,666=35,114,94213,000 / (13,000 + 12,000 + 10,000 + 8,000 + 7,000 + 5,000 + 3,000) \times 156,666,666 = 35,114,94213,000/(13,000+12,000+10,000+8,000+7,000+5,000+3,000)×156,666,666=35,114,942

Add this to the initial allocation:
35,114,942+108,333,333=143,448,27535,114,942 + 108,333,333 = 143,448,27535,114,942+108,333,333=143,448,275 (which exceeds the cap by 23,448,275)

Repeat this process for other users.

Final Redistribution After Adjusting the Total Excess Amount:
The redistributed results are as follows:

UserAmount of USDT StakedPercentage of Total PoolTokens Allocated to UserExcess amount beyond the cap
User127,0000.225120,000,000 
User220,0000.167120,000,000 
User315,0000.125120,000,000 
User413,0000.108120,000,00023,448,275
User512,0000.1120,000,00012,413,793
User610,0000.083110,344,827 
User78,0000.06788,275,862 
User87,0000.05877,241,379 
User95,0000.04255,172,414 
User103,0000.02533,103,448 
Total120,000  35,862,068

The final allocation results are:

UserAmount of USDT StakedPercentage of Total PoolTokens Allocated to User
User127,0000.225120,000,000
User220,0000.167120,000,000
User315,0000.125120,000,000
User413,0000.108120,000,000
User512,0000.1120,000,000
User610,0000.083120,000,000
User78,0000.06797,391,304
User87,0000.05885,217,390
User95,0000.04260,869,565
User103,0000.02536,521,739
Total120,000  
Terms of Service and Disclaimer

1. The platform ensures the fairness and impartiality of Launchpool and Launchpad activities.
2. New project tokens may be subject to market volatility; users should independently assess the investment risks.
3. If the subscription target is not met, the platform reserves the right to adjust the distribution ratio or delay the distribution.
4. The platform makes no guarantees or promises regarding the profitability or market performance of the project.
5. 8V reserves the final right of interpretation for this activity.