How Does CloudK Minting Production Work?

What is CloudX Minting, and how can I participate as a user?

To participate, you need to acquire specific virtual machines (VM) or hardware and deposit LAYERK as the Minting token. This process allows you to engage in CloudK Minting and contribute to creating value within the LFi ecosystem.

How does NFT Metadata change in CloudK Minting?

In CloudK Minting, NFT metadata, including attributes like lifetime and boost value, evolves every two weeks for new NFTs. These changes influence the value and uniqueness of the tokens, providing users with guidance in their decisions within the CloudK Minting system.

How are CloudK Minting rewards determined for users?

CloudK Minting rewards for users are determined through a calculation involving factors such as their NFT properties (lifetime and boost value), chosen Minting token lock duration (12-month or 24-month), and the relationship between Price at Market (PTM) and Growth Level Price (GLP). These elements collectively influence the Maximum Retrievable Daily Reward, which serves as the basis for calculating users’ rewards.

How does the choice of Minting token Lock Duration impact CloudK Minting rewards?

The choice of Minting token lock duration significantly impacts users’ rewards. Opting for a 12-month lock results in disqualifying 60% of the total rewards, leaving only 40% of the Maximum Retrievable Daily Reward. Conversely, with a 24-month lock, no disqualification applies, allowing users to receive 100% of the Maximum Retrievable Daily Reward.

What role do Price at Market (PTM) and Growth Level Price (GLP) play in CloudX Minting rewards calculation?

PTM and GLP are critical factors influencing CloudK Minting rewards calculation. If PTM exceeds GLP, the Maximum Retrievable Daily Reward is recalculated, adjusting rewards based on market conditions. If PTM is less than or equal to GLP, the Maximum Retrievable Daily Reward remains unchanged, ensuring a fair and transparent reward system.

How can users calculate their actual CloudX Minting rewards in cLFI tokens?

To calculate their final CloudK Minting rewards, users need to understand the disqualification system. If disqualified, the Maximum Retrievable Daily Reward is adjusted. Users can use the formula: LAYERK Rewards = Maximum Retrievable Daily Reward in tokens for each loaded token * Minting token. This formula helps users determine their daily earnings based on the number of tokens loaded and the chosen Minting Utility Token, providing clarity and transparency regarding their rewards within the LAYERK Minting ecosystem.

How can I withdraw my CloudX Minting rewards, and how can I reinvest in the ecosystem?

Users can withdraw 60% of their calculated rewards directly. The remaining 40% is reserved for rebuying Virtual Machine NFT Licenses, allowing them to reinvest in the CloudK Minting protocol and continue participating in this innovative ecosystem. This rebuy ensures the growth and sustainability of their CloudK Minting experience.