WBF will officially launch the first phase of the UNCA Lockup Reward Program on May 9. Based on the voluntary principle, all users can transfer the tradable UNCA to the "Market - Balances - Exchange account" to participate in the lock-up plan, and receive the corresponding USDT reward after the lock-up period ends.
- Application time
May 9, 2020 10:00 — May 11, 2020 18:00 (UTC + 8)
- The first phase of the lock-up plan
The first phase of the lock-up reward plan has a limit of 1,000,000 UNCA. Before the deadline, if the lock-up quota has reached 10,00,000 UNCA, the lock-up activity plan will end early. The lock-up reward and rules are as follows:
For example: User A locks 10000 UNCA at 18:00 on May 11, 2020, and the lock time is 6 months (about 26 weeks). Assuming that the 7-day moving average price on May 12, 2020 is 0.25 USDT, then according to 10000 * 0.25 = 2500 USDT record principal. You can get a total of 2500 * 7 * 26 * 18% / 365 = 224.3835USDT interest, you can receive 8.63USDT before 18:00 every Monday. Pay back due.
- Reward release rules:
(1) The minimum amount of lockup is from 500 UNCA;
(2) The interest generated by the lock-up will be distributed to the account according to the lock-up period, settled on a weekly basis, and the earnings of the previous week will be settled every Monday. When the lock-up expires, the UNCA will be distributed to the exchange wallet in one time
(3) Value-added time: the positions will be locked after 18:00 on May 11th, and the value-added interest will start at 00:00 on May 12th;
(4) Closing time: the starting time until 7 days / 3 months / 6 months later;
(5) Unlock time: automatically unlock within 24 hours after the settlement date (the network is delayed, depending on the network synchronization time)
- Participation methods:
(1) Fill in the application form: https://jinshuju.net/f/d0LuTC
(2) In order to ensure the successful lock-up, please ensure that there is a sufficient amount of money in the "Currency Account" to lock the position before 12:00 on May 11. If you have any questions, you can contact WBF official online customer service.
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Please refer to: https://m.wbf.info/install?lang=en_US
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. WBF Exchange as a trading technology service provider does not undertake guarantee, compensation and other responsibilities for user’s investment.
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May 9, 2020