About Upgrade Loop
May 18, 2023
Last updated
May 18, 2023
Last updated
The smart contract starts to run automatically from Loop 0, and will be based on the current Loop level real-time wallet address quantity (a), fund circulation (b), fund return amount (c), loan order quantity (t), loan amount ( s), repayment amount (f), historical ups and downs (d), linear period (n) and other data to calculate the expected countdown to the next level of Loop (X).
After the countdown to start the next-level Loop is over, the smart contract will automatically start the next-level Loop and retain the participation channel of the previous-level Loop. Users can freely choose to participate in all activated Loops for circulation.
Except that Loop0 does not have any pre-conditions for participation and can participate in circulation unlimitedly, users participating in the circulation of Loop1-Loop7 must meet the pre-requirements for participating in the current Loop. The pre-requirements are: (the total team circulation of the current account) > Loop level * 600,000
Example: When Loop1 starts running, if the cumulative circulation of the team in the current account meets 1*600,000, it can enter Loop1 for circulation.
Example: When Loop1 starts running, if the cumulative circulation of the team in the current account meets 1*600,000, it can enter Loop1 for circulation.
Every time a Loop is increased, the rate of return on capital circulation will automatically increase by 30%.
For example: the user has activated Loop1 and participated in the circulation of 10,000 USDT, Return 10091USDT after 1 day of circulation, Return 10910USDT after 7 days of circulation, Return 13510USDT after 17 days of circulation.