Announcement on the distribution of daily dividend for ZEL(ZelCash) holders according to daily snapshots on Hotbit

Dear respected users:

From August 16th, from 00:00 to 23:00（UTC+8）, users' ZEL position will be taken a snapshot every hour (24 times in total)，and the minimum number of positions acquired is a valid position. The daily return will be based on the valid positions.

For example, during the period, if the user sells or withdraws, and does not buy or deposit before the next hourly snapshot, the next hourly position data is determined to be a valid position. User A deposits 100 ZEL to his Hotbit account at 00:00, and sells or withdraws at 11:00.

The holding position is 30ZEL, the minimum holding of the day, then the system's dividend of the day is calculated as the holding position of 30ZEL .

The annual interest rate of ZEL will be 9.55%, and the simple interest a day will be 0.025%. 

Hotbit Team
August 15th, 2019.