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Coineal is committed to building a digital asset full circulation platform, providing project parties and investors with token issuance, trading, fixed deposit, and investment one-stop services, allowing all digital assets to circulate quickly and safely on the platform. Coineal Token (NEAL) is a platform currency with high appreciation potential, issued by Coineal. NEAL has rich application scenarios and use value purposes and values.
Coineal's vision is to create a distributed trading platform based on the operating concept of "Bitcoin + Ethereum", the two core elements of which are token economy and governance mechanism.
In the design of the token economy, "mobility is mining" model, Coineal uses NEAL Token (ie: NEAL) to represent all the rights and interests of the platform, and adopts "providing streaming users to provide liquidity on Coineal to mine NEAL." At the same time, Coineal will share 80% of the profits with all NEAL holders, and only keep 20% of the income as development funds. NEAL will form positive incentives for community members such as the platform, miners, and users, and help the healthy development of Coineal's ecology.
In the design of the governance mechanism, Coineal is different from the traditional enterprise form. It is a distributed autonomous organization of "revenue sharing, community co-governance, and co-construction". There is no authoritative center and strict organizational structure here. Every NEAL holder and ecology has the right to participate in community elections, business decision-making and other activities. As a non-profit organization, the Coineal Foundation is responsible for managing the issuance of NEAL and the use of funds, coordinating major community affairs, and supporting ecological development.
NEAL, as the certificate of Coineal's ecological rights and interests, holds NEAL to enjoy a series of rights and interests such as asset appreciation, platform revenue sharing, supervision, and voting. There are two ways to obtain NEAL: one is mining, and the other is purchasing.
Mining method
Coineal will launch "Liquidity is Mining" first, and subsequent platforms will launch "predictive mining" and other forms. 100% of the user's daily mining fee will be returned to the user in equivalent NEAL.
Platform fee income sharing mechanism
80% of the daily service fee income of the platform is shared with each NEAL holder, and the share of the service fee is based on the proportion of NEAL held by the user. The Coineal platform updates every hour to display transactions and dividends. Dividends are distributed every 12 hours, and the income is uniformly distributed at 12 noon and 12 midnight every day.
Release Rules
NEAL market circulation consists of two parts: "mining" and "issuance".
Mining part: users get it through "transaction is mining", distributed every 12 hours.
Issuing part: Unlocked synchronously according to the mined ratio of NEAL, issued every 12 hours.
Current total market circulation of NEAL = NEAL of accumulated mining output / 58 %