Dear community users:
Based on the consensus of FCoin Community Committee passed the optimized proposal on FT return from the Transfee-Mining on Main Board A, FCoin will upgrade the trans-mining plan on Main Board A from 20:00 on March 20, 2019(GMT+8), as follow:
The 1million FT daily returns for each trader on Main Board A shall be distributed as following according to his trading volume proportion of this coin/token:
BTC： 500,000FT (Trading Pair：BTC/USDT)
ETH： 200,000FT (Trading Pair：ETH/USDT，ETH/BTC)
LTC： 100,000FT (Trading Pair：LTC/USDT，LTC/BTC，LTC/ETH)
EOS： 100,000FT (Trading Pair：EOS/USDT，EOS/BTC，EOS/ETH)
XRP： 50,000FT (Trading Pair：XRP/USDT，XRP/BTC，XRP/ETH)
BCH： 50,000FT (Trading Pair：BCH/USDT，BCH/BTC)
Purpose: Distribute the accordingly FT returns on each coin/coin based on its trading volume proportion within the whole industry in order to maximize the liquidity promotion of each coin/token on Main Board A and benefit all traders.
1. The FT returns for March 19, 2019(GMT+8) (which shall be distributed on March 20, the following day) will still be distributed based on “Implementation Plan on FCoin Sustainable Mining and Revenue Distribution Adjustment”, while for FT returns on March 20 (which shall be distributed on March 21, the following day) will be distributed based on this optimization plan.
2. We will accordingly adjust the FT return proportion if the trading volume proportion of Main Board A in the whole industry changed significantly.
3. All FT return proportion of each coin/token on Main Board A will be halved when Transfee-Mining returns halved.
March 18, 2019