BigONE will launch "Lock-Mining Plan" at 20:00:00 (UTC+8) on August 16th, 2018. Set the "Mining Threshold", which requires users holding the locked ONE greater than or equal to 1,500,000 in an hour (User’s ONEs in the “OPEN ORDERS” and received by holding BIG are not included), and then, in the next hour these users can obtain the "Trading-Mining Rebate" of ONE.
If user unlocks ONE in an hour, there will be no mining output in that hour, and it will take effect immediately. In the process of “Trading-Mining Rebate”, if the locked amount of ONE is less than 1,500,000, then user will not obtain the rebate ONE in this hour.
When there is a relationship of invitation, if the invited user’s locked ONE in this hour has not been reached “Mining-Threshold”, then the rebate of ONE is zero. The 20% invitation rebate is zero and inviters will not obtain rebate.
The “Mining-Threshold” (now is 1,500,000 ONE) will adjust according to the market condition.
From 20:00:00 (UTC+8) on August 16, 2018, users can lock ONE according to their own condition. The “Mining-Threshold” will take effect from 00:00:00 (UTC+8) on August 17, 2018. On August 16, the “Trading-Mining Rebate” will not be affected, from August 17, users who participate in the “Lock-Mining Plan” will enjoy the “Trade-Mining Rebate” in the next hour after the locking operation.
User A actively locks 1,500,000 ONE at 18:18:18 on August 16, 2018, A’s trading-mining on August 16, 2018 will not be affected. From August 17, 2018, user keeps the locked amount and not change it, then the subsequent trading will not be affected.
User B actively locks 1,500,000 ONE at 13:13:13 on August 17, 2018, B’s trading-mining on August 17, 2018 will not be affected and user B still can receive ONE on August 17, 2018. The mining from 13:00:00 to 13:59:59 on August 17, 2018 is invalid (during this period, the minimum value of active locked amount of ONE is zero), users after 14:00:00 on August 17, 2018, can conduct Trade-Mining.
User C actively locks 1,500,000 ONE at 15:15:15 on August 18, 2018, and unlocks 10,000 ONE at 16:16:16 on August 19, 2018, making the amount of locked ONE less than 1,500,000. Thus, all user C’s transactions from 16:00:00 on August 19, 2018, will not have the mining output.
Thank you for your continuous support and understanding for BigONE.
August 16, 2018