Time of Snapshot: 15:00 (UTC+8), November 9th, 2018
The Rewards for Users Ranked in Different Positions:
Details of the Rules and Regulations of the Event
- After the time of snapshot, the top 30 users on the ranking chart of XTM holding volume will be qualified for claiming corresponding rewards.
- Only those qualified users who have accumulated more than 20,000,000 XTM will receive their rewards in full amount, as otherwise, those qualified users will only receive 10% of the tokens they hold by the time of snapshot as rewards.
* For example: According to the snapshot, the user who are ranked No. 30 holds 5,000,000 XTM, then the user will receive 5,000,000 x 10% = 500,000 XTM as reward.
- We will publish the list of all winners on Hotbit homepage and community （Twitter：https://twitter.com/Hotbit_io）before 18:00 (UTC+8), November 12th, 2018. All awarded users will receive relevant notices by email.
- The rewards will be distributed on November 26th, 2018. In order to claim their corresponding rewards, all qualified users are also required to ensure that their daily XTM holding volume should be no less than 80% of their XTM holding volume reflected by the snapshot during 15:00 (UTC+8), November 9th, 2018 – 24:00 (UTC+8), November 25th, 2018. Hotbit will take snapshots of all users’ XTM holding volume during the abovementioned period on a daily basis. If any qualified users failed to achieve the abovementioned standard in their XTM holding volume, they will be disqualified from claiming their rewards.
- If the rewards are not redeemed in full amount, the remaining amount of XTM will be airdropped to Hotbit community users.
Rules and regulation
- If we detect any cheating activities during the event, Hotbit is entitled to disqualify the users involved from claiming their rewards.
- Hotbit reserve the final rights of explanation regarding all rules and regulations of this event.
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