Dear WBF Exchange users,
Thanks for your concern and support all the way. In order to return to our community partners, WBF Exchange will officially launch phase 3 lockup reward program.
On a voluntary basis, all users can transfer their negotiable WT into "exchange account" to participate in the lockup program, and receive corresponding WT rewards after the lockup period.
20:00, October 21 -18:00, November 15（UTC+8）
- Phase 3lockup plan
Phase 3 lockup reward is limited to 3 million WT. So far, if the lockup quota applied has reached 3 million WT, lockup activity plan will be terminated in advance. Information on lockup reward and rules are as follows:
For instance: A locks up 100000WT at 18:00 on November 5, 2019 for 12 months (about 52 weeks), then A can obtain interest of 10,000 WT, and receive 191.8 WT before 18:00 every Monday (which can be traded directly). Principal would be returned on due date.
- Reward release rules:
(1) the minimum lockup quota is 1000WT;
(2) the interest generated from the lockup will be distributed to the account in batches according to the lockup period. The settlement will be made on a weekly basis. The earnings of last week will be settled every Monday. When the lockup is due, WT of the principal will be distributed to the exchange wallet for once;
(3) starting time: submit lockup application ;
The starting time of 1st batch of interest: lock up after 18:00 on October 28, and the interest will be calculated from 00:00 on October 28.
The starting time of 2nd batch of interest: lock up after 18:00 on November 4, and the interest will be calculated from 00:00 on November 4.
The starting time of 3rd batch of interest: lock up after 18:00 on November 11, and the interest will be calculated from 00:00 on November 11.
The starting time of 4th batch of interest: lock up after 18:00 on November 18, and and the interest will be calculated from 00:00 on November 18;
(4) settlement time: ends until 3/6/12 months;
(5) unlocking time: automatic unlocking within 24 hours after the settlement date (in the case of network delay, it depends on network synchronization time)
4.How to join the program
（1）Fill out application form: https://jinshuju.net/f/f9EaHg
（2）In order to successfully lock up, please ensure that there is sufficient amount of currency in "exchange account" before 12:00 on October 28, November 4, November 11 and November 18. If you have any questions, please contact customer service.
October 21, 2019