Tiny World Update — 13

Tiny World Update — 13

Hi Tiny Fans 👋,

It’s a pleasure for us to see you here again! Let’s bring you the latest and greatest of Tiny World this week!

🔈Here is what we have for you this week 🔈

• Platform stats
• Quest Carnival
• NFT Farming Commission
• AMA

💻Platform stats💻

Total Registered Users: 144,624

Total NFT Trading Volume: $ 19,151,431

APR up to: 153%

The number of NFTs Minted: 215842

The number of TINC Burned:15,831,205

Circulation of TINC: 18,517,245

TINC Circulating Market Cap: $ 4,382,809

Tiny Kingdom Market Trade Volume: $18,886,227

Treasury Fund：$ 1,708,970

On Monday, 784,652 TINC was burned with a total value of $211,857.

🎇Quest Carnival🎇

Did you already participate in our BIG party event — Quest Carnival?🤩 Maybe you were lucky enough to win some BUSD already! Since Monday, The Quest Carnival has been ongoing, with 1000’s of you taking part to win some HUGE BUSD rewards! There is up to 100,000 BUSD 💵to be won in the event period. The Quest Carnival event will last for two weeks. Once a quest is completed, the next will be started. You have 24 hours to complete each quest before moving to the next. The earlier, they are completed, the more quests will be available in the event period!

Only 30 mins after the Carnival launched, one Tiny Hero has stood to receive 3000 BUSD💵 after successfully completing the quest! In the end, 4 lucky warriors shared the 3,000 BUSD reward🏆 successfully for day 1. Now, the Mithril Bow Quest has come to an end!🏹 The 3000 BUSD prize pool was shared between 3 Tiny Heroes, collecting a cool $1000 each just in time for summer! Congratulations to all winners so far!🎉

If you haven’t already taken part in the Quest Carnival🎪, what are you waiting for? Get over to tiny Kingdom and try your luck today!

There are 10 days left of the Carnival. You have enough time and many opportunities to forge the correct equipment! With a wide variety of equipment to forge, everybody has an opportunity to earn! Whether actively taking part to win BUSD, or taking advantage of the increased trading profits, there is something for everyone!

It’s a party, so come and join in with your friends! 😊

⚙Tiny World Update⚙

On the 3rd of June, Tiny World made the following adjustments：

💰「Buyback Pool」

If the current TINC price is lower than the 72-hour average, then TINC buyback will be initiated. The maximum daily buyback will not exceed $4,800 BUSD, and the buyback amount will be adjusted according to the development of the project. In order to avoid the depletion of the buyback pool, if the total buyback pool is less than $500,000, the buyback will be suspended.

🚜「TINC-BNB Farming Emissions Adjustment」

1️⃣Total staked < $5M 45,000 TINC/day

2️⃣Total staked $5M — $20M 60,000 TINC/day

3️⃣Total staked $20M — $50M 75,000 TINC/day

4️⃣Total staked $50M — $100M 100,000 TINC/day

5️⃣Total staked > $100M 125,000 TINC/day

From this morning, we have made the following adjustments to the NFT farming pool:

1. There is a Commission Fee when you claim rewards. The initial commission fee is 30%.

2. Commission fee will decrease 1% per day, until 0.

3. The commission will be Free for the first claim of each account.

4. Stake/unstake NFT Will Not affect the commission fee.

5. Each claim will reset the commission fee back to 30%.

6. Unclaimed rewards can be used directly to Purchase summon runes.

7. All commission fees will enter TinyDAO treasury.

⚒「Material Workshop」

The material workshop is now online! You can begin to craft expedition tickets, and further items will be added in the future. Only SSR or SSSR heroes need to consume an expedition ticket to start their expedition.

📃「Trading Record Dashboard」

Added dashboard to the record, you can view the most recent 20 sales on the server.

🖇AMA🖇

We are trying to carefully listen to the voice from each and every Tiny Hero. Since May, our CMO Adam holds the Thursday Discord AMA each week. It is a great space to be able to give feedback, get answers to your most pressing questions and of course gather valuable information and insights about Tiny World.

We would love for you to come and join us in the Discord server tonight! It starts at 6PM UTC and usually lasts around an hour. Take your Tickets and Join us🎫.

From today, the Discord AMA will be recorded and audio edit will be posted to our YouTube Channel (barring any technical issues). So if you miss an AMA session, you can always catch up!

That’s it for this week, have a great weekend!