Gorilla Finance Whitepaper V2
  • 👋Welcome to Gorilla Finance
  • Overview
    • 💡Our Features
    • 🌠Tutorials
  • Product Guides
    • 🧬Gorilla Swap
    • 🏞️Liquidity Provide
    • ⛏️Mining Function
    • 🎯AI Historical Data Analysi
    • 🙊xGorilla
    • 🛡️Leverage Trading
    • 🎁NFT Staking
  • Fundamentals
    • 🗝️Marketing Strategy
    • 📝Audit and KYC
    • 🛣️ROAD MAP
  • Use Cases
    • 💰Tokenomics
    • 🪙Token Metrics
    • 🖥️Social Links
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  • Strategy Example
  • Mining Revenue
  1. Product Guides

Mining Function

Strategy Example

The example of DOGE/USDT.

When starting the miner, DOGE is 0.25 USDT/piece, so the benchmark standard is 400, corresponding to point A in the figure.

When 100 USDT is worth 400*(1+10%)=440 Dogecoins, the switch strategy will be implemented. If you can't reach the turnover rate, you won't change hands. In other words, when the price of Dogecoin drops to 0.227 USDT, the switch is performed and point B has reached.

Then take the 440 Dogecoins worth 100 USDT as the benchmark. If the 440 Dogecoins are worth 100* (1+10%) =110U, that is point C, execute the following change of hand. And so on, until the user stops the mining operation.

If the asset's value reaches 100*(1-20%)= 80USDT, the stop-loss is triggered and the mining has been suspended.

Mining Revenue

The A1 trading strategy has a mining element, which means that users start to reap profits as long as they deposit the principal. Trading miners listed in BSC are WBNB/USDT, ETH/USDT, and BTCB/ETH(examples). Each group of mining machines is expected to release (A CERTAIN NUMBER OF $Gorilla)(Depending on the launch price) as a reward in the first year.

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Last updated 2 years ago

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