Thank you for always using CROSS exchange.
Today 9/3/2019 (Tue) 4:00 UTC
I would like to report to all XEX Holders that the distribution of the “XEX Holder Bonus” has been completed.
This 2nd Bonus, made from the snapshot taken on 8/31 4:00 UTC, will be reflected in XEX Holder wallets today (9/3/).
【This Distribution’s Eligibility and Contents】
① All XEX Holders that have locked up XEX
Proportional allocation of 5% of the Fund's XEX assets to users who own "XEX with a lock-up". (same as the first Bonus)
* Lock-up period: 90, 60, 30 days are acceptable. Unlocked XEX is not eligible.
② For those who continuously enabled “Automatic Relock-up” from 6/1 to the end of August
This applies to those who have enabled “Automatic Relock-up” between June 1 and the end of August since the previous Bonus distribution. (unfortunately, those who disabled it are not eligible for this Bonus distribution)
【XEX Holder Bonus Report】
Fund Used Funds:4,621,583.507 USD worth
Distributed XEX Quantity:53121649.5 XEX
Formula: the market price at 8/31 4:00 UTC
【The type of XEX Distributed】
XEX assets within the fund allotment (Distribution Rate: 80%)
The XEX distributed to users this time cannot be sold like the Fund Assets. Please use it to receive daily distributions. Also, you cannot transfer the funds to another account or transfer it out, so please use it for your own asset management.
【Description of Wallet History】
Fund Bonus (with a lock)
(The XEX bonus for this distribution is shown) Please verify your wallet.
■ The Next XEX Bonus: November 30th
【November】About the Fund Bonus distribution!
<XEX Distribution Contents>
1. 9% of the Fund Assets will be allocated to the bonus distribution for those eligible who have continuously enabled "Automatic Relock-up" from 4:00 UTC on July 28th until the end of November. (disabling it even once will disqualify you)
2. 1% of Fund Assets will be counted and distributed from the Automatic lock-up amount from September 1 to the end of November.
XEX holders will receive a proportional distribution according to the amount of XEX held with a lock-up at the end of November.
※ November 30th, 4:00 UTC amount held is valid
※ The 30-day lock renewal rating during the period is worth 1/3rd of the 90-day lock
※ The 60-day lock renewal rating during the period is worth 2/3rds of the 90-day lock
Based on the above conditions, the calculated value is derived from the individual value from the total score of all members, and 1% of the Fund's XEX is allocated accordingly.
As mentioned above, XEX holders can earn a larger XEX holder bonus by enabling “Automatic Relock-up” to prevent an unlocking.
For the distribution of major coins from the Fund assets, the funds will be used for the “buyback of XEX from the market”. XEX will be bought back with the funds and the full quantity of the XEX buyback will be burned.
In the future, we will continue to work with the CROSS exchange Fund to bring more benefits to “everyone who holds XEX for the long-term”. Please look forward to this.
CROSS exchange Team
