【System Update】Launch 1/4 IPFS mining rig to Algorithm Program computing server exchange option and GMP Mining rig and hedging rewards adjustment notice 14-04-2021

Dear WEN Eco users,

          1/4 IPFS mining rig to algorithm program computing server exchange option will be launched in WEN Eco mobile application version 0.97, on 14 April 2021. Included in the release is the rewards adjustments of GMP Mining rig and hedging. 

Algorithm program power exchange value determinant factor is set at “1,125”, meaning (N/1,125), “N” being the price paid for IPFS 1/4 mining rig purchase.

E.g. If User A purchase IPFS 1/4 mining rig with 3,200 UT, the algorithm program power is 2.85, using 3,200/1,125.

This exchange option is exclusively for those who had purchased 1/4 IPFS mining rig. The plan will end when the limited 499 Algorithm Program power finish exchange in the system.

【GMP mining rig rewards adjustments】:

The 20% 1B1R rewards will ceased after the adjustment, and be adjusted to 100% “available” in your WEN Eco.

【Hedging rewards adjustment】:

Hedging rewards will be given in GGS after the adjustment using the below formula:

[(GFI - GMP) / 2] / GGS

WEN Eco mobile application will be mandatory updated to version 0.97 via forced update, hence, users are reminded to remember and save your wallet 12 mnemonic!

Latest Updates:

1. Exchange of 1/4 IPFS mining rig to Algorithm Program computing server.
2. Adjustment GMP Mining rig and hedging rewards.
3. Bugs fixed

Follow steps below and reinstall:

1. Ensure that you have saved your wallet 12 mnemonic
2. Uninstall the current version in your device
3. Open weneco.io in browser
4. Choose Android or iOS
5. Click download
6. Install the app
7. For iOS version, you need to download Apple's TestFlight before downloading the WEN Eco mobile application.

Thank you for your continuous support!

WEN Eco Official Customer Service

support@weneco.io