# Early Bird

#### Summary of plan

In order to build a sustainable token economy model, Noah Real Estate specially launched a tiered token production reduction plan. This plan ensures the excess returns of early supporters and the long-term stability of the value of tokens through the dynamic adjustment mechanism of token rewards.

#### Membership equity ladder (unit: daily base rate of return)

| stage              | time                       | Silver membership | Gold membership | Platinum membership | Diamond membership |
| ------------------ | -------------------------- | ----------------- | --------------- | ------------------- | ------------------ |
| Early bird stage   | June 30                    | 0.80%             | 1%              | 1.20%               | 1.50%              |
| The start-up phase | September 30               | 0.40%             | 0.50%           | 0.60%               | 0.80%              |
| Growth phase       | December 30                | 0.20%             | 0.25%           | 0.30%               | 0.40%              |
| maturity stage     | February 2026/March        | 0.08%             | 0.10%           | 0.12%               | 0.15%              |
| Routine operations | over a long period of time | 0.04%             | 0.05%           | 0.06%               | 0.08%              |

#### &#x20;Special provisions (batch production cuts)

The land deed held before the production reduction enjoys "income lock protection", and the subsequent stage of production reduction does not affect the rights obtained. If the land deed is transferred (gift or transfer), the new land deed enjoys the current stage yield rate.
