Repurchase with 100x Price 8th Round Contribution Points Exchange Complete

Dear BigONE users,

BigONE has completed 「Repurchase with 100x Price」8th 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 (April 5 for this round).

In this round of exchange, the exchange price of BTC and ONE is 6804.76 USDT and 0.002208 USDT respectively.

Thus, 1 ONE + 1 「Contribution Point」can exchange 0.14/6804.76 = 0.00002057 BTC or 0.14/0.002208 = 63.41 ONE in this round.

Exchange Ratio

1 million 「Contribution Points」can be exchanged in this round. Because there are 55,809,221「Contribution Points」appointed to exchange, thus 1,000,000/55,809,221 ≈ 1.79%「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 *1.79%= 179 「Contribution Points」( the part which less than 1 Contribution Point will not get exchanged) will be exchanged for 179 * 0.00002057 = 0.003682 BTC or 179 * 63.41 = 11350.39 ONE. The 9,821 「Contribution Points」and 9,821 ONE unexchanged will be returned.

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 9th round of 10 million「Contribution Points」distribution has started on April 5. Now 18.82% 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

April 10, 2020