All NEO holders on BigONE will get GAS by the ratio of every NEO holder’s monthly balance. The details are as follows:
1. Distribution time
On the 15th each month, before 12:00 a.m. CST
2. Distribution process
We will take snapshot for every user’s NEO balance every day;
Sum the weight of balance of all snapshots for every NEO holder ( balance weight = balance * balance holding time)；
Sum the balance weight of all NEO holders’ snapshots on BigONE ( balance weight = balance * balance holding time)；
Calculate and claim the total distribution GAS；
Calculate and distribute GAS by every NEO holder’s distribution ratio.
3. For example
If a user’s account holds NEO during five days of November, the balance is: 10、20、30、40、50, that means the user’s balance amount is 150.
If BigONE will distribute 2000 GAS on November, and the amount of all NEO holders’ balance is 500000. Actually the user can get 0.6 GAS ( 0.6=150/500000*2000 ) on November.
More details, please refer to:
NEO official reference: How to distribute GAS by Exchange