Dear BigONE users,
After discussing with the VeChain (VET) team, BigONE will support the distribution of VTHO to VET holders. The VTHO will be distributed monthly but be calculated based on daily snapshot of each user’s VET balance.
Daily VTHO generated for each user = Daily total VTHO generated for BigONE * the ratio of VET holding by each user
The ratio of VET holding by each user = VET holding by each user / Total VET holding by BigONE
- VET balances under 0.001 VET (including those in trading orders) will not be worked in the daily VTHO calculations.
- VTHO generation is calculated daily but distributed monthly. Distributions will be completed on the 1th of each month.
For further details of the calculation formula, please refer to Page 38 of VeChain Development Plan and Whitepaper.
Thanks for your continuous support and understanding.
November 19, 2018