Announcement on Adding ONT into the "PoS Mining Pool“

Dear BigONE Users,

The ONT "PoS Mine Pool" products have been launched. Details of the products are as follows:

【 PoS Mine Pool - Deposit ONT to Earn ONG】

 The ONT "PoS Mining Pool" Products will participate in the Ontology Triones Seed Node (click the link for more details) and share 10 million ONGs with the other 48 nodes. Users participating in the ONT "PoS Mine Pool” Products can get node profits. The rules are as follows:

1. You can participate in this activity once you hold ONT. The minimum starting amount is 20 ONT;
2. Your profits will be distributed after you quit this activity, and the platform will charge 10% of your profits as management fees;
3. This activity is divided into 90-day and 180-day fixed-cycle products, which cannot be quit in the middle.
4. The profits are taken as an example of the annualized rate of return is 10% in 180 days. 10 ONG are available for deposit 100 ONT. The specific profits will be updated in time after the node runs stably and generates revenue.

In addition, BigONE will support the generation of ONG based on ONT. The platform will snapshot the number of ONTs of user accounts every day, and will issue ONG airdrops every month. The specific calculation rules are as follows:

 Users get ONG airdrop amount per month = BigONE gets ONG per month * User ONT positions (ie user’s ONT amount / BigONE total ONT amount)

The distribution rules are subject to the later announcement.

Note: The ONT participating in the PoS mine can enjoy the airdrop reward of [ONT Generates ONG] at the same time.

The final interpretation of this activity belongs to BigONE.

BigONE Thank you for your continued support and understanding.

BigONE team

May 15, 2019