Dear community users:
Please read the following supplementary explanation of our last announcement on our compensation plan and the upcoming FT1908 warrants:
The core of this mechanism is:
Before the completion of the full release of the FT, when the FT/ETH monthly average price is lower than the compensation base price (0.0003ETH), future FT (for example FT1908) will be distributed to FT holders (excluding the pre-issued and locked FT) on the agreed delivery time.
The benefits for FT long-term holders when this compensation plan launched:
1.FT's long-term holders will reduce the asset losses (Priced in ETH, without including all revenue distribution during this period) suffered when the FT price is lower than the compensation base price before the FT is fully issued.
2.The newly issued FT locked in the FT1908 warrant will also accumulate revenue distribution and be allocated to the FT1908 holder on the due delivery date. That is to say, the price of FT1908 itself during delivery date will be increased over the time.
3. Those FT besides community rewards within the total issuance, which is the pre-issued and synchronized unlocking part described in the white paper, will not participated in this compensation plan.
August 3, 2018