Announcement on the adjustment of the output of pools

Dear users,

After careful consideration by the team, we decided to adjust the current pool output to suit Cherryswap development plan. The adjustment rules are as follows:

1. The per block output of pools USDT-CHE, BTC-CHE, and ETH-CHE will be adjusted to 12.5% of the existing output.

2. The reduced output of pools USDT-CHE, BTC-CHE, ETH-CHE is added to CHE-CHE output, making the total POOL daily output unchanged.

3. We reserve the right to cancel pools USDT-CHE, BTC-CHE, ETH-CHE and adjust the output of CHE-CHE in the future.

The specific output parameter adjustments are shown in the following table.

Subject	Output per block Before	Output per block After
USDT - CHE	0.8	0.1
BTC - CHE	0.4	0.05
ETH - CHE	0.4	0.05
CHE - CHE	8	9.4

*This adjustment will be effective at 15:00 on September 27, 2021(HKT).

Due to the particularity of the POOL contract, we will add a new CHE-CHE POOL and cancel the existing CHE-CHE POOL to realize the output adjustment, the old CHE-CHE POOL will no longer produce CHE after the adjustment, you need to UNSTAKE CHE and STAKE into the new CHE-CHE POOL to earn higher CHE-CHE output.

We will announce the launch of the new CHE-CHE pool in advance, please pay attention to relevant announcements.

Thank you for your understanding and support!

CherrySwap Team

2021/09/24