Based on suggestions from our community, in order to avoid affecting the price of ONE by issuing trading fee rebates and referral rebates at 10 o’clock, BigONE will split the issuance of rebates into 24 times throughout the day. The exact schedule is as follows:
At the end of every hour, we will rebate the trading fees incurred within one hour from 24 hours prior in the “Trade-Mining” section. The average price of ONE during that hour will be used to calculate the number of ONE rebated.
For example, at 13:00 UTC+8 on July 10th, 2018, BigONE will calculate and rebate the trading fee for the period between 12:00:00 (UTC+8) and 12:59:59 (UTC+8) on July 9th, 2018. The number of ONE rebated is based on the average price of ONE during that time period on July 9th, 2018, 12:00:00-12:59:59 (UTC+8).
As described In the “Refer Friends to Register and Get More ONE” section, you get 20% more of rebate on the ONEs that your invited friends mine. That part of ONEs will also be given 24 hours later according to the method described above.
These changes will take effect in one week, please follow our official announcement for the specific implementation time.
Thank you for your continuous support and trust for BigONE.
July 10th, 2018