To improve the motivation of community users to invite new users, and to avoid the econnoisseur to occupy the interests of the community.
The reward for Inviting Mining is divided into two parts:
1. Fixed rewards
To determine the inviting mining achievement through the newly added fixed-term lockup FT quantity of the invitee, and distribute the mining reward accordingly.
Referring to the quantity and period of the newly added fixed-term lockup FT of the invitee, the reward will be distributed to inviter according to the proportion, specifically:
Invitee's sustainable mining output (the lockup period is 12 months), 2% of the newly added lockup FT will be rewarded to this inviter;
The invitee actively locks his FT with the lockup period of 3-5 months, the reward for the inviter is 5% of the newly added lockup FT;
The invitee actively locks his FT with the lockup period of 6-11 months, the reward for the inviter is 10% of the newly added lockup FT;
The invitee actively locks his FT with the lockup period of 12-23 months, the reward for the inviter is 15% of the newly added lockup FT;
The invitee actively locks his FT with the lockup period more than 24 months, the reward for the inviter is 20% of the newly added lockup FT.
No more than 200,000 FT (maybe adjusted as appropriate in the future) will be returned on a daily basis, to the inviters on the next day or the third day of the lockup-adding date (the rewards of the invitee's mining output will be calculated on the third day) according to the above algorithm in the following two cases :
(1) If the reward to be distributed to all inviters on the same day is greater than 200,000 FT, then 200,000 FT will be distributed according to the proportion of each inviter to be awarded, and the undistributed parts (the excess) will be counted to the accumulated undistributed part of the inviters.
(2) If the reward to be distributed to all invitees on the same day is less than or equal to 200,000 FT, then all FT awards will be distributed according to the above algorithm. The remaining reward part (which is the difference between the actual number of issuances and 200,000) will be distributed to the inviters who have accumulated undistributed part according to the proportion of all accumulated undistributed part, then the distributed part of this time will be deducted from the balance of his accumulated undistributed part.
2. Non-fixed rewards
Rewards will be given to the inviters according to the ranking of their invitees’ comprehensive evaluation based on login, deposit, trading, etc...
The algorithm will not be disclosed. The specific amount is subject to the actual issuance.
The part of the reward will be distributed once a week, and the quota and number of users will be publicized.
Note: Both the inviter and the invitee participating in Inviting Mining are required to complete the KYC authentication.
Consensus Resolution: PASS
Support: 潜龙, Frank, 唐律华, 巴菲特, 子陵, 六翼天使资本贾继双, 周安, 思旷, 麻久熙;
FT Community Committee Secretariat
June 18, 2019