Rules of “Lock & Mine CET” & “Long-term dividend allocation plan”
Dear CoinEx users:
Lock & Mine CET
1. Qualification: Min. locking of 10,000 CET.
2. Locked types: Locked by users, in OTC, by institutions & projects.
3. Rewards: All users with 10,000 locked CET in their CoinEx accounts are qualified to share 1 MILLION CET, against the ratio = Your locked CET asset / Total circulating CET asset locked in CoinEx.
4. Unlocking: It will revoke your privileges and early access to Accelerator. Once unlocked, your CET will be released back to your account in 24 hours.
5. Time of Allocation: CoinEx will take a snapshot at 0:00 (UTC) every day and allocate rewards of the previous day according to the snapshot results.
6. Privileges: Users with locked CET assets will have prior access to the quota of Accelerator. Please refer to the official announcement for more details.
Attention: Locked CET is also qualified for the dividend.
7. CoinEx reserves the rights of final explanation of readjusting rules of Lock & Mine CET.
1. Qualification: Min. holding of 10,000 CET.
2. Allocation Rules: If your CET holdings are on CoinEx, we'll calculate the dividends into BCH and allocate directly to your accounts. Otherwise, the dividends will be calculated into CET and allocated to your CET wallet addresses elsewhere.
3. Dividend amount: 80% of CoinEx's total monthly revenue.
4. Qualified for Dividend: Released CET ONLY (Unissued or unreleased CET from Mining excluded)
5. Dividend ratio: Your CET asset / Total circulating CET asset at the time of snapshot.
6. Snapshot time: 24:00 (HKT) of the last day every month.
7. Dividend time: Your dividends will be allocated in 7 business days at the beginning of every month. The final date may vary or be delayed depending on the financial settlement.
8. CoinEx reserves the final rights of explanation for this dividend allocation plan.
1. Ask/Bid mining: Rules remain as before, i.e. placing limit orders to share 1 MILLION CET daily. Check rules HERE.
2. Halving the mining yield: When the total amount of released CET reaches 1.8 and 2.7 BILLION, CoinEx will readjust and halve the daily targeted mining yield to 500,000 CET and 250,000 CET respectively. Check rules HERE.
3. Referral rewards: During Lock-CET & Ask/Bid Mining, the referral reward ratio will remain 20%. You can continue to invite friends with your referral link to sign up and win their transaction fees as reward.
4. Rule update: Rule update of "Lock & Mine CET" - Oct. 9th
About CoinEx Token (CET): https://www.coinex.com/token
Founded in December 2017 with Bitmain-led investment, CoinEx is a subsidiary brand of the world's No.1 BCH mining pool ViaBTC, a global and professional digital coin exchange service provider: https://www.coinex.com/aboutus
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