Repurchase with 100x Price Seventh Round Contribution Points Exchange Complete

Dear BigONE users,

BigONE has completed 「Repurchase with 100x Price」seventh 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 (March 2 for this round).

In this round of exchange, the exchange price of BTC and ONE is 8641.73 USDT and 0.003436 USDT respectively.

Thus, 1 ONE + 1 「Contribution Point」can exchange 0.14/8641.73 = 0.00001620 BTC or 0.14/0.003436 = 40.75 ONE in this round.

Exchange Ratio

1 million 「Contribution Points」can be exchanged in this round. Because there are 49,334,399「Contribution Points」appointed to exchange, thus 1,000,000/49,334,399 ≈ 2.03%「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 *2.03%= 203 「Contribution Points」( the part which less than 1 Contribution Point will not get exchanged) will be exchanged for 203 * 0.00001620 = 0.003288 BTC or 203 * 40.75 = 8272.2 ONE. The 9,797 「Contribution Points」and 9,797 ONE unexchanged will be returned.

If you apply to exchange less than 49 Contribution Points, they also can't be exchanged at this round.

You can check your exchange result at https://bigone.com/one.

Related Links：

ONE Strategically Upgrade Announcement

The Detailed Explanation of 「Repurchase with 100x Price Plan」

【Reminder】

The eighth round of 10 million「Contribution Points」distribution has started on March 2. Now 15.65% 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 reserves the ultimate explanation right of this activity.

Thanks for your continuous support and understanding.

BigONE Team

March 7, 2020