The 24th BigONE "Contribution Points Exchange Pool" redemption has been completed

Dear BigONE users,

The 24th BigONE "Contribution Points Exchange Pool" redemption has been completed, now we would like to explain the redemption rules and the results of this redemption period as follows.

【Redemption Formula】

• 1 ONE + 1 "Contribution Point" = 0.14 USDT equivalent of ONE or BTC, the exchange price of ONE or BTC is the average price of the transaction 7 days before the reservation. 

• In this exchange, the average price of the 7 days before the reservation exchange: ONE = 0.001754 USDT, BTC = 48139.80 USDT
• Therefore, 1 ONE + 1 contribution can be exchanged for 0.14/ 0.001754 = 79.82 ONE  or 0.14/48139.80 = 0.00000291 BTC

【Redemption Notice】

1. This time redemption will be on a “snap-up” mode, first come first, first served. Different VIP levels will be redeemed separately, details are as follows.

VIP Level	Total Redemption Limit	Individual Redemption Limit
Bronze	50000	50
Silver	100000	200
Platinum	150000	500
Diamond	300000	2000
Challenger	500000	10000

Note：

• Different levels of users correspond to different contribution point redemption limits, the higher your VIP level, the higher the redemption limit (including the total limit and personal limit), the total amount of redemption and the number of redemption members are limited. First come, first served, while stoke lasts. Please refer to the redemption page for details.
• For example, if David’s VIP level is Challenger, the total contribution point that he can enjoy is 500,000, and the personal limit that this level users can enjoy is 10,000. After the redemption starts, the first 50 participants among Challenger users can successfully redeem ONE or BTC equivalent to 10,000 RMB.

2. According to the rules, the number of contribution points completed for redemption in this period is: 11861 ONE, and the ONE used for redemption in this period will be destroyed within 7 working days.

You can check your redemption results on the redemption page at: https://bigone.com/one 

For more details please refer to: BigONE will upgrade the contribution points redemption pool

The final interpretation belongs to BigONE.

BigONE, more than just asset security.

Regards,

BigONE Team

31 August 2021