Dear Hotbit Users:
From today onwards, Hotbit is scheduled to distribute interest rewards for all VOLLAR holders on Hotbit on a daily basis based on each user’s daily holding volume of VOLLAR reflected by our daily snapshots.
Rules and Regulations: We will take snapshots regarding all users’ holding volumes of VOLLAR on an hourly basis (24 times in total). The minimum 24-hourly holding volume of VOLLAR held by each user reflected by the snapshot will be counted as the effective holding volume of VOLLAR for each user. We will distribute relevant interests to all relevant users based on their effective holding volumes of VOLLAR.
For example: If the user sells or withdraws his / her VOLLAR tokens and is not able to maintain his / her holding volume of VOLLAR by either depositing or purchasing more VOLLAR tokens before the next integral time point, then the user’s effective holding volume of VOLLAR will be his / her holding volume of VOLLAR reflected by the snapshot taken by the next integral time point. Suppose user A deposits 100 VOLLAR into Hotbit by 00:00 and sells or withdraws certain volume of VOLLAR by 11:00 within the same day, and the lowest minimum holding volume of VOLLAR for user A is 30 VOLLAR for the day, then the system will calculate and distribute the interest of user A within the day according to user A’s minimum holding volume of 30 VOLLAR. (Snapshots will be taken starting from 00:00 everyday, and the interest will be distributed to user A’s account on 19:00 the next day.)
The expected highest rate of annual income will be 24%.
The Daily Interest Reward of VOLLAR = The User’s Minimum Holding Volume of VOLLAR * Annual Income Rate (as high as 24%) / 365
The reasons for you to choose to deposit your VOLLAR (VDS) into Hotbit.
- By depositing any number of VOLLAR (VDS) into Hotbit, any user will be qualified for participating in the daily interest reward event. No minimum deposit volume required.
- New and flexible financing mode based on daily interests. All Daily Interest Rewards will be Distributed at Fixed Time Everyday. Utilize Your Asset with High Efficiency, Deposit and Withdraw Your Tokens at Any Time.
- Sit Back and Enjoy a Super High Rate of Annual Income of24%
Note: Hotbit may adjust the rate of distribution based on the actual rate of annual income of VOLLAR (VDS). Please follow our relevant announcements for further information.
Hotbit has already opened the transaction pairs of VOLLAR /BTC、VOLLAR /ETH、VOLLAR /USDT. We sincerely welcome you to experience all trading functions on Hotbit!
VOLLAR(VDS)Click to Deposit: https://www.hotbit.io/dw?type=normal
VOLLAR(VDS)Trading Address: https://www.hotbit.io/exchange?symbol=VOLLAR_BTC
VOLLAR(VDS)Trading Address: https://www.hotbit.io/exchange?symbol=VOLLAR_ETH
May 7th, 2019
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