According to the principles established by “Implementation plan on Optimization & Upgrade of Promotion Mining” and "Announcement on Reward rules of Promotion Mining Upgrade Plan”, we are now announcing the specific arrangements for the first promotion node voting as follows:
1. The voting time for community users will begin at 16:00 on July 1st, 2019 (GMT+8, the same as below) and end at 16:00 July 3rd, 2019. All KYC authenticated community users with more than 10,000 locked FT (any lockup type will count) are all eligible voting users, with 5 votes per person. The voting rule is: 5 votes of each voting user must be voted for different promotion nodes. The results are not immediately announced after the community voting is completed.
2. The voting time for the Evaluation Committee will begin on July 4th and end on July 7th. Total 15 members of the Evaluation Committee (all composed of community partners) for this term are listed as below (in no particular order)::
挖矿鬼才, Hui King🍋老王, FT（中国）梦想大使, 湾流, 郑立伟, 辛亥, 梅花, 左耳小静, 鉴湖飞雨, 否也, 烨子, 小浪淘沙, 啊九三, 文翰, 杨益挺Frank
3. The voting results of community users and the Evaluation Committee will be published on July 8th, 2019, the final ranking will be calculated based on the community voting results (20% weight) and the Evaluation Committee voting (80% weight).
4. The first batch of the top 20 promotion nodes will be awarded the title of “Super Promotion Node” and the mining rewards according to the amount determined by “Announcement on Reward rules of Promotion Mining Upgrade Plan”. As for the 400,000 FT voting awards, of which 80% (320,000 FT) are distributed to community voting users, according to the proportion of each user’s votes voted to the top 20 votes.
5. The voting will be divided into two parts which are the super promotion node part, and the (ordinary) promotion node part from the next promotion node voting (next month). The last 5 of the Super Promotion Nodes will be eliminated and lose their Super Promotion Node title (and rewards) while the top 5 of the promotion nodes will be promoted to the new Super Nodes (and rewards will be allocated according to the top 15-20 places) based on voting results. The specific details are subject to the future announcement.
July 1st, 2019