Dear BigONE users,
BigONE has completed 「Repurchase with 100x Price」third round contribution points exchange. The exchange rules and results are as follows.
Exchange Rules
1 ONE + 1 「Contribution Point」 = ONE or BTC that values 0.14 USDT. The exchange price of ONE or BTC is the average trading price of the day before the appointment of the exchange starts (October 7 for this round).
In this round of exchange, the exchange price of BTC and ONE is 7920.27 USDT and 0.003350 USDT respectively.
Thus, 1 ONE + 1 「Contribution Point」can exchange 0.14 / 7920.27 = 0.00001768 BTC or 0.14 / 0.003350 = 41.79 ONE in this round.
Exchange Ratio
1 million 「Contribution Points」can be exchanged in this round. Because there are 21,059,257 「Contribution Points」appointed to exchange, thus 1,000,000/21,059,257 = 4.7485%「Contribution Points」of each user appointed can be exchanged this time. The 「Contribution Points」and ONE unexchanged will be returned.
Example
If one user appointed 10,000 「Contribution Points」to exchange, thus 10,000 * 4.7485 % = 474 「Contribution Points」( the part which less than 1 Contribution Point will not get exchanged) will be exchanged for 474 * 0.00001768 = 0.00838032 BTC 或 474 * 41.79 = 19808.46 ONE. The 9,526 「Contribution Points」and 9,526 ONE unexchanged will be returned.
If you apply to exchange less than 22 Contribution Points, they also can't be exchanged at this round.
You can check your exchange result at https://b1.run/one.
Related Links:
ONE Strategically Upgrade Announcement
The Detailed Explanation of 「Repurchase with 100x Price Plan」
【Reminder】
The fourth round of 10 million「Contribution Points」distribution has started on October 7. Now 13.51 % of the total amount has been distributed. You can get 「Contribution Points」by trading, inviting and participating in our activities, such as deposit tokens into our PoS mining pool and set pending orders.
BigONE holds the ultimate explanation right of this activity.
Thanks for your continuous support and understanding.
BigONE Team
October 12, 2019
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