# Mining Rewards

In the Verychat ecosystem, continuous user engagement is crucial and plays a significant role in activating future channels and content. To support this, a 'free mining' or 'app-tech' type fruit reward system has been introduced. This reward system encourages ongoing user activity and minimizes the server cost burden for Verychat through advertising systems like Google AdMob that appear each time a fruit is harvested, enhancing the sustainability of the ecosystem.

Verychat will continuously provide rewards until 1 billion VERY, which is 10% of the total issuance, has been completely mined. After the 1 billion VERY have been distributed, ongoing rewards will be provided using VERY recovered from advertising revenues. This mechanism is designed to ensure the long-term sustainability of the Verychat ecosystem.

## **Reward Cycle**

Very fruits can be harvested every 12 hours after planting a Very seed, and a new seed can be planted immediately after each harvest. Users who own certain NFTs or specific coins (tokens), or who use specific models of smartphones, benefit from being able to harvest fruits more frequently. This is provided through partnerships and marketing collaborations.

## Item

By using items, you can shorten the harvest time of the Very Tree’s fruit and increase the yield.

* **Fertilizer**\
  Using fertilizer reduces the Very Tree’s fruit harvest time by 2 hours.<br>
* **Watering**\
  Using watering reduces the Very Tree’s fruit harvest time by 1 hour.

## **Reward Quantity**

The rewards for harvesting fruits have a halving mechanism based on the amount harvested. Once the 1 billion VERY allocated from the total issuance are all harvested, subsequent rewards will be paid through VERY recovered from advertising revenues. The quantity of rewards after the initial 1 billion will be determined after all mining is complete.

The final harvest amount is calculated by multiplying the base reward quantity by the user's level-specific boosting power. For example, a user at the maximum Level 15, harvesting less than 300 million VERY, will receive 4.8 x 16 = 76.8 VERY every 12 hours, with a maximum of 153.6 VERY possible per day.\
(The yield varies depending on the use of fertilizer and watering!)

## Friend Mining Boost

When you mine with the friends who invited you and the friends you've invited, your mining speed increases.

Friend Mining Boost (%) = Number of friends currently mining ÷ Total number of invited friends

**The Friend Mining Boost applies from level 3 and above.**

Example of total yield:\
Base mining amount: 4.8 VERY\
Your level: 4\
Invited friends: 15\
Friends currently mining: 6\
→ Friend Mining Boost: (6 ÷ 15) = 40%\
→ Total yield: 4.8 \* 5 \* 40% = 33.6 VERY

| Total distributed VERY fruit yield | Default reward amount every 12 hours |
| ---------------------------------- | ------------------------------------ |
| \~ 300,000,000 VERY                | 4.8 VERY                             |
| 300,000,001 \~ 500,000,000 VERY    | 2.4 VERY                             |
| 500,000,001 \~ 700,000,000 VERY    | 1.2 VERY                             |
| 700,000,001 \~ 1,000,000,000 VERY  | 0.6 VERY                             |

## Invite Reward Level

<table><thead><tr><th width="255" align="center">Min to max of invitees</th><th width="141" align="center">Level</th><th align="center">VERY Boosting</th></tr></thead><tbody><tr><td align="center">0 User</td><td align="center">1</td><td align="center">x1</td></tr><tr><td align="center">1~5 User</td><td align="center">2</td><td align="center">x3</td></tr><tr><td align="center">6~10 User</td><td align="center">3</td><td align="center">x4</td></tr><tr><td align="center">11~20 User</td><td align="center">4</td><td align="center">x5</td></tr><tr><td align="center">21~30 User</td><td align="center">5</td><td align="center">x6</td></tr><tr><td align="center">31~50 User</td><td align="center">6</td><td align="center">x7</td></tr><tr><td align="center">51~100 User</td><td align="center">7</td><td align="center">x8</td></tr><tr><td align="center">101~200 User</td><td align="center">8</td><td align="center">x9</td></tr><tr><td align="center">201~500 User</td><td align="center">9</td><td align="center">x10</td></tr><tr><td align="center">501~1000 User</td><td align="center">10</td><td align="center">x11</td></tr><tr><td align="center">1001~2000 User</td><td align="center">11</td><td align="center">x12</td></tr><tr><td align="center">2001~3000 User</td><td align="center">12</td><td align="center">x13</td></tr><tr><td align="center">3001~5000 User</td><td align="center">13</td><td align="center">x14</td></tr><tr><td align="center">5001~10000 User</td><td align="center">14</td><td align="center">x15</td></tr><tr><td align="center">10001 User Over</td><td align="center">15</td><td align="center">x16</td></tr></tbody></table>


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