On September 27, 2020, WBF will launch the activity of “Lock WT Position to Join in FLM Mining”, during which rewards from mining will be granted to users who lock WT position to join in FLM mining.
Detailed rules are as follows:
- The activity starts at 8 o’clock of September 27, 2020.
- The activity ends at 8 o’clock of October 27, 2020.
- The minimum investment amount shall be at least 10000WT.
- The positions shall be snapshot every hour randomly.
- During the activity, both buying and redemption are allowed at any time.
- User revenue = total mining amount per day * (sum of user’s locked position as shown in snapshots every hour) / (sum of total locked position as shown in snapshots every hour)
- Position is locked on T day (the same day) , and locked position rewards will be granted on T+1 (the next day). After 17:00 of each day (business day), rewards will be granted to coin accounts. In case of weekends or holidays, it will be postponed to the next business day.
- Participation: WT wealth management (APP only) - fund transfer (coin transfer to wealth management account) - choose the appropriate subject
Flamingo is a DeFi protocol cluster integrating multiple modules to provide a comprehensive DeFi infrastructure. Users can participate in Flamingo as traders, stakers, and liquidity providers.
- This is a trial operation for WT in locked position to join in DeFi liquidity mining activity.
- We will increase the times of activities depending on effect of the initial activity;
- This activity is available to APP client, but not to computer client for the time being;
- After the position is locked, users may check information on APP client following “Wealth Management” - “Wealth Management History”.
- Revenues will be granted to coin accounts through airdrop;
WBF reserves the right for the final explanation.
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.
WBF Exchange Website: http://www.wbf.live
WBF Exchange English Telegram: https://t.me/WBFex_EN
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WBF Exchange team
September 25, 2020