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Coineal is committed to building a full circulation platform for digital assets, providing project parties and investors with one-stop services for token issuance, trading, fixed deposit and investment, so that all digital assets can be circulated quickly and safely on the platform. Coineal Token (NEAL) is a platform currency with high appreciation potential and is issued by Coineal. NEAL has rich application scenarios, use and value.
Coineal's vision is to create a distributed trading platform based on the "Bitcoin + Ethereum" operation concept, and the two most core elements are the token economy and governance mechanism.
Mobility is mining in token economic design" model. Coineal uses NEAL Token (i.e. NEAL) to represent the platform's equity, and uses "providing stream users to provide liquidity on Coineal to mine NEAL. Meanwhile, Coineal shares 80% of the profits to all NEAL holders, retaining only 20% of the revenue as development funds. NEAL will form positive incentives for community members such as platforms, miners, users, etc., to help the healthy development of Coineal's ecosystem.
In terms of governance mechanism design, unlike traditional enterprise forms, Coineal builds a distributed autonomous organization with "income sharing, community co-governance, and co-construction". There is no authoritative center and strict organizational structure here. Every NEAL holder, Eco has the right to participate in community elections, business decisions and other activities. As a non-profit institution, the Coineal Foundation manages the issuance and use of NEAL, coordinates major community affairs, and supports ecological development.
NEAL, as a Coineal ecological rights certificate, can enjoy a series of rights and interests such as asset appreciation, platform income sharing, supervision, and voting by holding NEAL. There are two ways to obtain NEAL: one is mining and the other is purchasing.
Mining Method
Coineal will first launch "liquidity is mining", and subsequent platforms will launch "predictive mining" and other forms. The daily mining fee of the user will be returned to the user with an equivalent value of NEAL.
Platform handling fee income sharing mechanism
80% of the platform's daily fee income is shared with each NEAL holder, and the amount of fee sharing is based on the proportion of the user's NEAL holding. The Coineal platform updates the transaction and dividends every hour, and pays dividends every 12 hours, and returns are distributed at 12 noon and 12 midnight every day.
Rules of Release
NEAL market circulation consists of two parts: "mining" and "issuance".
Mining part: Users obtain it through the form of "transaction is mining" and are distributed every 12 hours.
Issuing part: Unlocked synchronously according to NEAL's mined ratio and is distributed every 12 hours.
The current total NEAL market circulation volume = NEAL of cumulative mining output / 58 %