Fellow RightBTC Traders,
RightBTC is launching an ETP HODL Rewards Event for DNA. Traders with a minimum balance of 1 ETP qualify for this event.
The event features Two Rounds:
Round 1: Traders will be rewarded DNA on a 1:1 basis (Hold 1 ETP, Receive 1 DNA)
- From Aug 27th to Sept 2nd inclusive, RightBTC will take daily snapshots of each trader’s ETP balance at 09:00 AM UTC.
- The amount of DNA rewarded is equal to the average daily ETP balance during the 7-day period.
Round 2: Traders will be rewarded DNA on a 1:0.5 basis (Hold 1 ETP, Receive 0.5 DNA)
- From Sept 3rd to Sept 9th inclusive, RightBTC will take daily snapshots of each trader’s ETP balance at 09:00 AM UTC.
- The amount of DNA rewarded is equal to the average daily ETP balance during the 7-day period, then multiplied by 0.5
For example:
Round 1 |
Daily snapshot of ETP Balance |
Average ETP Balance |
DNA Airdrop Reward |
---|---|---|---|
Snapshot 1: |
1500 ETP |
1000ETP |
1000DNA |
Snapshot 2: |
1500 ETP |
||
Snapshot 3: |
1000 ETP |
||
Snapshot 4: |
1000 ETP |
||
Snapshot 5: |
1000 ETP |
||
Snapshot 6: |
500 ETP |
||
Snapshot 7: |
500 ETP |
Round 2 |
Daily snapshot of ETP Balance |
Average ETP Balance |
DNA Airdrop Reward |
---|---|---|---|
Snapshot 1: |
1500 ETP |
1000ETP |
500DNA |
Snapshot 2: |
1500 ETP |
||
Snapshot 3: |
1000 ETP |
||
Snapshot 4: |
1000 ETP |
||
Snapshot 5: |
1000 ETP |
||
Snapshot 6: |
500 ETP |
||
Snapshot 7: |
500 ETP |
Therefore, in this example, the trader will receive an airdrop of 1000 DNA during Round 1, or 500 DNA during Round 2.
DNA will be distributed to traders one hour after the final snapshot for each round. (Separately on Sept 1st and Sept 8th).
Thank you for supporting RightBTC!
The RightBTC Team
Note: RightBTC reserves the final interpretation rights of this event.
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