🎉 The 15th #tokenburn took place yesterday 🎉 📌 The #CLEG spent by players in the game from September 15th to October 15th was burnt. Another deduction in the total supply of $CLEG, the Native token of “Chain of Legends”.
Therefore, the supply of $CLEG got more limited down to 763,389,940 $CLEG! 🤩 ✅ In this event, 70% of the CLEG that players spent in the game, approximately 12,932,874 CLEG ($22,500), got burnt successfully! 🏳️
#ChainOfLegends Ship anchored in the 14th harbor. It will pass more and get closer to the final destination! 🪩 🗣 In case you are interested in details 👇 👇 👇
🎉 The 14th #tokenburn took place yesterday 🎉 📌 The #CLEG spent by players in the game from August 15th to September 15th was burnt. Another deduction in the total supply of $CLEG, the Native token of “Chain of Legends”.
Therefore, the supply of $CLEG got more limited down to 776,322,814 $CLEG! 🤩 ✅ In this event, 70% of the CLEG that players spent in the game, approximately 12,727,642 CLEG ($27,500), got burnt successfully! 🏳️
#ChainOfLegends Ship anchored in the 14th harbor. It will pass more and get closer to the final destination! 🪩 🗣 In case you are interested in details 👇 👇 👇
📌 The #CLEG spent by players in the game from July 15th to August 15th was burnt. Another deduction in the total supply of $CLEG, the Native token of “Chain of Legends”.
Therefore, the supply of $CLEG got more limited down to 789,050,456 $CLEG! 🤩 ✅ In this event, 70% of the CLEG that players spent in the game, approximately 11,901,915 CLEG ($27,500), got burnt successfully! 🏳️
#ChainOfLegends Ship anchored in the 13th harbor. It will pass more and get closer to the final destination! 🪩 🗣 In case you are interested in details 👇 👇 👇
📌 The #CLEG spent by players in the game from June 15th to July 15th was burnt. Another deduction in the total supply of $CLEG, the Native token of “Chain of Legends”.
Therefore, the supply of $CLEG got more limited down to 800,952,371 $CLEG! 🤩 ✅ In this event, 70% of the CLEG that players spent in the game, approximately 9,740,197 CLEG ($29,000), got burnt successfully! 🏳️
#ChainOfLegends Ship anchored in the 12th harbor. It will pass more and get closer to the final destination! 🪩 🗣 In case you are interested in details 👇 👇 👇
📌 The #CLEG spent by players in the game from May 15th to June 15th was burnt. Another deduction in the total supply of $CLEG, the Native token of “Chain of Legends”.
Therefore, the supply of $CLEG got more limited down to 810,692,568 $CLEG! 🤩 ✅ In this event, 70% of the CLEG that players spent in the game, approximately 12,481,291 CLEG ($47,400), got burnt successfully! 🏳️
#ChainOfLegends Ship anchored in the 11th harbor. It will pass more and get closer to the final destination! 🪩 🗣 In case you are interested in details 👇 👇 👇
Two Major Changes will happen after this DAO, and it’s all about the following two titles:
Personalized Withdrawal Fee
Monthly Special Treasury ‼️
As you may have noticed, we recently were fully focused on solutions to maintain the $CLEG price, which has led to a stable side trend in recent weeks. A few more steps to go to complete our efforts and head toward an uptrend $CLEG price.
Withdrawal Fee gets personalized depending on the $CLEG circulation of one’s account and it changes from 100 CLEG + 5% to 100 CLEG + (0 — 30)%!
The Fee varies from almost 0% to a maximum of 30%!
The formula that we calculate the Withdrawal Fee with is: (Total Withdraw + (current withdraw / 2)) / Total Deposit * 10
For new players, the Fee will be almost “Zero”!
For the players who withdrew 3x or more of their Deposit amounts, the Fee is 30%.
✅ Advantages
The advantage of this change is a shorter ROI period for new players by paying fewer Fee!
Only Players who already gained their ROI pay an extra fee. As this action helps increase the $CLEG price, their excessive losses get compensated by the increased price.
A stable uptrend $CLEG price attracts more players and investors.
As we move forward, the game will be more thrilling and exciting for the old players who have strong armies. You ask “How?”… Continue Reading!👇
In this scenario, 50% of the collected fees get burned and the other 50% goes to a reward pool for a special monthly competition. The first Competition is called “Captain’s Treasure”.
On the 15th of the next month On each Island, 1 Special Treasury appears in each difficulty of the Treasure Islands loaded with USDT prizes (A portion of the reward pool. Our estimation is 5x — 10x more resources).
The collecting time also increases based on the base damage of the players’ Heroes and the amount of Treasury within the Treasury spot.
A total of 6 Treasury spots appear next month. One in each difficulty!
Once Players attack this treasure and capture it, they have to defend it from other invaders who are seeking the New Treasury that appears on the Treasure Islands.
📌 The #CLEG spent by players in the game from April 15th to May 15th was burnt.
Another major deduction in the total supply of $CLEG, the Native token of “Chain of Legends”. Therefore, the supply of CLEG got more limited down to 823,173,859 $CLEG! 🤩
✅ In this event, 70% of the CLEG that players spent in the game, approximately 11,517,373 CLEG ($44,519), got burnt successfully!
🏳️ #ChainOfLegends Ship anchored in the 10th harbor. It will pass more and get closer to the final destination! 🪩
It’s been a while since the price of Lands escalated to the insane prices that practically pushed the profit of players to zero! But, after a bit when players stopped buying and the act of Limiting NFT Land Trading by the team happened, the prices decreased to the reasonable amounts of 0.3–0.7 price per CLEG in these recent days. If we consider 0.15–0.2 for repairing Mines, it leaves a profit of 0.15–0.55 for players’ investment in buying and mining lands.
But, why even now, do some players complain about the low profit of the Mining section?!
The team is totally aware that the prices have been elevated and we do our best to offer a healthy equal situation for all of our community members. The Land deploying program was modified to a state that randomizes the Land distribution throughout the day to the point of decreasing the possibility of hunting low-cost lands by NFT Land Traders. This way, in addition to the Trading Limit, the chance of players coming across cheaper lands increases. We all are observing the result of these changes in the current land prices. Although the prices have decreased, players still complain about the low profit of the Mining section. To answer the question above, we’ll explain it with an example. Pay attention carefully and take benefit of the following general pieces of advice.
Scenario A & B, and Scenario C & D are almost intertwined!
Scenario A:
My CLEG Mine is at level 6. It can Mine 573 CLEG per day at cycle 16 and it needs 148 CLEG repair cost per day. So, basically, I can earn (573–148 = 425 CLEG) per day without considering land costs. Now, I’ve bought a Cycle 16 Legendary Land at the price of 4200 CLEG. It has 6486 CLEG, Stone, & Iron within. The price per CLEG is 0.64 and it has a +0.3 production bonus. It means that my CLEG Mine can produce (573 * 1.3 = 745 CLEG) daily. It takes 8.7 days for my CLEG Mine to completely extract its resources. So, (148 * 8.7 = 1287 CLEG) is my total repair cost for mining this legendary land. Now, my revenue is (6486–4200–1287 = 999 CLEG) or 114 CLEG daily.
Scenario B:
What if my CLEG Mine HP is lower than 80?! If it had 10 HP, my production rate would have decreased to 606 CLEG per day. Then, It’d have taken 10.7 days to get thoroughly mined. So, the repair cost would have increased to 1584 and my revenue would have decreased to 702 CLEG or 65 CLEG daily. Almost 30% less than a full-HP production rate!!
Scenario C:
My CLEG Mine is at level 6. It can Mine 573 CLEG per day at cycle 16 and it needs 148 CLEG repair cost per day. So, basically, I can earn (573–148 = 425 CLEG) per day without considering land costs. But this time, I’ve bought 6x Cycle 16 Common Lands at the price of 45 CLEG. It has 109 CLEG, Stone, & Iron within. The price per CLEG is 0.41 and it doesn’t have a production bonus. It takes only 1.14 days for my CLEG Mine to completely extract the resources of these 6 Common Lands. So, my total repair cost for mining these Common Lands is just 148 CLEG. Now, my daily revenue is 573 – 270 – 167 = 136 CLEG.
Scenario D:
And If my CLEG Mine had 10 HP, my production rate would have decreased to 466 CLEG per day. Then, It’d have taken 1.4 days to get thoroughly mined. So, the repair cost would have increased to 207 and my revenue would have decreased to 466 -270 – 207 = -11 CLEG. A total Loss!!
A few words from the Author
“Chain Of Legends” is a game of economics! You should always consider all of the possibilities and calculate your income. In the examples above, the CLEG Mine’s level was constant in all scenarios and we just changed the variant of NFT lands type and the HP of your CLEG Mine building. You could evidently see the huge difference between daily incomes. Let aside all other variants that affect the players’ income. This is why some players take benefit from the game and some don’t! Always try to think out of the box.
A few general pieces of advice to maximize your Income:
Check the Marketplace and Land prices occasionally before you run out of resources!
Search through all types of lands and consider their production bonus.
Find the best Land match based on your Mines’ level and “price per CLEG”
Try to purchase Lands at the lowest cost possible.
Keep the Mines HP always at the Maximum production rate!
Log in regularly and collect your extracted CLEG before it gets full and stops.
Last Chance in the “Repair Week”
Now that you found out about the importance of strategizing along with the keeping your HP full, Seize the chance before it runs out. The Repair Week ends tonight at 23:59 PM UTC!
Legendary Repair Discount
Use this opportunity to bring up your Mines’ HP to a good state! Whatever suites you. 10%, 30%, or 50% Off might be your only chance to once again keep up your Mining procedure and help yourselves with a higher speed of income stream.
If you still didn’t repair your Mine, Now, it’s your chance! Get back to the game by the Link below 👇
📌 The #CLEG spent by players in the game from March 15th to April 15th was burnt.
Another major deduction in the total supply of $CLEG, the Native token of “Chain of Legends”. Therefore, the supply of CLEG got more limited down to 834,691,232 $CLEG! 🤩
✅ In this event, 70% of the CLEG that players spent in the game, approximately 13,804,841 CLEG ($66,668.69), got burnt successfully!
🏳️ #ChainOfLegends Ship anchored in the 9th harbor. It will pass more and get closer to the final destination! 🪩
📌 The #CLEG spent by players in the game from February 15th to March 15th was burnt.
Another major deduction in the total supply of $CLEG, the Native token of “Chain of Legends”. Therefore, the supply of CLEG got more limited down to 848,496,073 $CLEG! 🤩
✅ In this event, 70% of the CLEG that players spent in the game, approximately 15,797,984 $CLEG (117,000 USD), got burnt successfully!
🏳️ #ChainOfLegends Ship anchored in the 8th harbor. It will pass more and get closer to the final destination! 🌐
— — — — — — — — — — — — — — — — — — — — — — 🗣️ In case you are interested in details
