Multiplication Activity of OTC Pending-order Mining is about to start

Dear community users,

According to The Community Committee passed the proposal for OTC Mining Rules (Trial), OTC Pending-order Mining (Hereinafter referred to as OTC Mining) is scheduled to be officially launched at 0:00 (GMT+8) on July 4, 2019. The specific mining quota is:

USDT/CNY    35,000 FT
BTC/CNY      15,000 FT
ETH/CNY      10,000 FT

The principle of OTC Pending order Mining is:

Under the premise of guaranteeing the service quality (take the order completion rate as the reference indicator), the longer the pending order at the best price (buy-one, sell-one), the more FT mining rewards will be returned. For specific algorithms, please refer to the The Community Committee passed the proposal for OTC Mining Rules (Trial).

The OTC mining multiplication activity will begin at 0:00 on June 30, 2019 and last until 24:00 on July 3, 2019. All mining returns during the activity will be distributed after the activity.

The multiple of the daily mining return to the normal quota is:

June 30,    2 times (120,000 FT)
July 1,        3 times (180,000 FT)
July 2,       4 times (240,000 FT)
July 3,       5 times (300,000 FT)

The daily OTC mining quota will return to normal since July 4, 2019, and the mining output on that day will be distributed the next day.

FCoin Team

June 29 2019