Dear BigONE users,
BigONE has completed 「Repurchase with 100x Price」9th round contribution points exchange. The exchange rules and results are as follows.
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 (June 16 for this round).
In this round of exchange, the exchange price of BTC and ONE is 9483.76 USDT and 0.002086 USDT respectively.
Thus, 1 ONE + 1 「Contribution Point」can exchange 0.14/9483.76 = 0.00001476 or 0.14/0.002086 = 67.11 ONE.
Exchange Ratio
1 million 「Contribution Points」can be exchanged in this round. Because there are 63,152,671「Contribution Points」appointed to exchange, thus 1,000,000/63,152,671 ≈ 1.58%「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 * 1.58% = 158 「Contribution Points」( the part which less than 1 Contribution Point will not get exchanged) will be exchanged for 158 * 0.00001476 = 0.002332 BTC or 158 * 67.11 = 10603.38 ONE. The 9,842 「Contribution Points」and 9,842 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】
Starting from the 11th round, 「Repurchase with 100x Price Plan」will change its mode of distributing and exchanging contribution points, which will be determined by the new VIP system. The new contribution point system will set different exchange pools by the different VIP rankings. To learn more about the change, please read BigONE will upgrade the contribution points exchange pool.
BigONE reserves the ultimate explanation right of this activity.
Best,
BigONE Team
June 21, 2020
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