In Brief
- BitLife Mining Introduction: Cellula introduces BitLife Mining on ENI Chain, employing a vPoW system to distribute mining rewards, primarily aimed at active players within the Cellula ecosystem.
- Reward Mechanics: The mining operates in multiple phases with Phase 1 scheduled from January 26 to April 25, featuring rewards issued every five minutes.
- Additional Features: Besides mining, there is a daily EGas Mining Lottery that encourages continuous participation by costing 0.05 CELA per entry and equally rewarding with 0.05 EGas.
Cellula launches BitLife Mining, a phase-driven reward distribution system that is integrated into the Cellula gaming ecosystem. BitLife Mining aims to equitably allocate mining rewards to active participants rather than to passive stakeholders. Players engaging in the ecosystem utilize BitLife, after which they are compensated with rewards paid in esCELA, a convertible currency on the ENI Chain. This integration is crucial for maintaining an intertwined relationship between gameplay and economic activities within the platform.
Execution and Reward Details
BitLife Mining kicks off with its first phase starting on January 26 and running through April 25. During this period, rewards will be accumulated every five minutes, with each interval dispensing 128.600823 esCELA. This system design promotes regular, smaller rewards rather than large, sporadic distributions. Rewards are initially minted as esCELA but can be converted to CELA after a 30-day holding period at a 100 percent rate. This mechanism is intended to incentivize longer holding periods, although an option for earlier liquidation at a reduced rate is available to those desiring quicker access to their assets.
Strategic Supply Adjustments
As a part of its strategic setup, Cellula has also adjusted its supply chain by burning 4,312,500 CELA on BSC and subsequently issuing the equivalent amount on the ENI Chain. Of this, 3,333,333.333 CELA is directed towards BitLife Mining distribution, with an additional 979,166.667 CELA set aside for future mining endeavors. This is supported by published onchain data, including transaction hashes and contract addresses, ensuring transparency and verifiability in the operations.
Daily EGas Mining Lottery
Cellula enhances its ecosystem interaction by introducing a daily EGas Mining Lottery, operational on a 24-hour cycle. It requires a participation fee of 0.05 CELA and rewards with 0.05 EGas per block, with a block occuring every two seconds. This lottery system is designed to foster routine participation in the ecosystem, distributing rewards regularly to active players.
How Participants Can Engage
To partake in these activities, users need to follow several steps as outlined by Cellula:
- Register ENI Chain on Bitget Wallet and secure EGas for transaction fees.
- Purchase four BitLife units and charge them accordingly.
- Engage actively in the daily ENI Mining Lottery.
- Claim and convert sCELA into CELA as per the conversion rules.
Integration in the Cellular Economy
With the introduction of BitLife and EGas mining, Cellula aims to enhance the ‘play to earn’ model within their ecosystem. This is seen as a move towards creating a structured economic environment rather than isolated promotional activities. The implementation of this mining protocol on the ENI Chain shows Cellula’s commitment to developing an infrastructure that supports ongoing user engagement and application functionality.
