Holders Bonus Equation
BitoPro will calculate all the orders of individual weighted factors according to their Staked Amount multiplied by the Staked Time Multiplier. This sum of individual weighted factors divided by the total staked pool weighted factors, will give you the distribution ratio (Awarded Ratio) Finally times this ratio by the “Weekly Transaction Fee in USDT” to get your “Weekly Distributed USDT Rewards”. Just remember this, the earlier you stake your tokens, the bigger the USDT rewards you will get!
If user B is a Level 1 user who owns 20,000 BITO that he hopes to stake. He stakes the BITO tokens on the first day (April 29th), earning 10,000 in Staked Time Multiplier. The total staked pool of "Individual Weighted Factors" is 1,000,000,000. The "Weekly Transaction Fee in USDT" is 5,000 USDT.
* Please note that numbers above is illustration on how to calculate the reward. It doesn’t represent actual numbers.
- Program Duration：April 29th 2019 - July 28th 2019 (Total of 91 Days)
Basic Rules : BitoPro will distribute USDT according to our weekly sum of transaction fees revenue, under certain ratio to each staked user.
- April 29nd 2019 - May 26th 2019 Earn 70% rebates of our transaction fee revenue
- May 27th 2019 - June 23rd 2019 Earn 60% rebates of our transaction fee revenue
- June 24th 2019 - July 28th 2019 Earn 50% rebates of our transaction fee revenue
- Users who pass Level 1 verification or above are eligible to stake their BITO tokens.
- The minimum staking amount per order is 10,000 BITO. There is no max limit for amount of staking orders.
- Once you stake your BITO tokens, these tokens will not be available for trading or withdrawal.
- Staked tokens can be unstaked at anytime. However, once you unstake, all of your staked tokens will be unstaked immediately, resetting all of your individual weighted factors(including Staked Tokens Amount and Staked Time Multiplier).
- If you choose to unstake before the settlement date (Every Monday at 00:00), you will not be able to earn your "Weekly Distributed USDT Rewards"
- All completed orders will account to the transaction fees, partially completed orders will not account to the transaction fees.
- BitoPro will calculate all the orders of individual weighted factors according to their amount and duration of staked tokens. This sum of individual weighted factors divided by the total staked pool weighted factors, equals to distribution ratio (Awarded Ratio). BitoPro will settle the distribution ratio every Monday by 00:00 (UTC+8), and distribute the USDT awards to the staked users every Wednesday at 12:00 PM (UTC +8).
- Staked Time Multiplier : Details for Staking Time Multiplier
Individual Weighted Factor Distribution Ratio:
- Staked Token Amount x Staked Time Multiplier = Individual Weighted Factor
- Individual Weighted Factors/ Total Staked Pool = Distributed Reward Ratio
- Weekly Transaction Fee Revenue in USDT x Distributed Reward Ratio = Your Weekly Distributed USDT Rewards.
- BitoPro withhold the final rights to cancel, change the rules at our sole discretion.
- If we find any users conducting illicit or illegal behavior during this event, they will be disqualified.