BigONE has completed the implementation of the plan “Gradually Convert BIG’s Rights into ONE, BigONE Platform Gives Back to Community”， and we disclose the results now.
1.Destory 125 million BIG tokens held by the platform
BigONE has destroyed the 125 million BIG tokens which are holding by platform but not in circulation, here is the destroy address.
2.Set up a platform development fund
BigONE platform has set up “Platform Development Fund” and the account balance is 15,000,000 BIG.
3.BigONE platform to give back partial revenue from the early stage to the community
BigONE platform has given back 29.4% of its own trading fee rebate by holding ONEs and given back 29.4% of ONE by holding BIG form the “Early Bird Mining Phase” (June 22 00:00 UTC+8 to June 29 20:28:10 UTC+8) and ONE’s reset (July 5 00:00 through the stopping of BIG trading). (For every 10,000 BIG, it will receive 139924.41 ONE and the trading fee rebates equivalent to 0.246 BTC. According to July 26th UTC+8 BTC’s average price 8247.44 USDT and the total is equivalent to 719.12 BTC). BigONE has airdropped a basket of crypto assets to BIG accounts other than “Team account”, “Platform development fund” and “Holding account”.
4.The disposal of very small amount of BIG tokens outside BigONE platform
BigONE has created “Holding account” outside platform to collect the distributed ONEs and trading fee rebates after the time at 20:07:22 UTC+8 on July 21st, 2018, and will rebate the corresponding assets. Platform will select time to disclose BIG deposit reopen time.
In the above rule 3, “Trading fee rebate” is based on the corresponding assets of the whole platform trading pairs, the list of detail is as follows:
应发-Should distribute token amount
July 27th, 2018