Dear Hotbit users,
Hotbit&FSN Search for the King of FSN Trading event ended at 12:00(UTC+8) on November 27th, 2019.
Event Duration: 12:00, November 12th, 2019 -- 12:00, November 27th, 2019 (UTC+8)
Rules and Regulations: For all top 10 users of FSN Trading Volume Competition (Buy Volume + Sell Volume) who accumulate more or the same buy volume of FSN than (as) their sell volume of FSN during the competition,
The user ranked No. 1 will receive 50,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: According to the mining income rate of 30%,the total amount that will be distirbuted within 90 days is 50,000 * 0.3 / 365 * 90 = 3698.6 FSN and this total amount will be distributed through daily rewards
The user ranked No. 2 will receive 25,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: 25,000 * 0.3 / 365 * 90 = 1849.3 FSN (the total amount that will be distirbuted within 90 days is 1849.3 FSN and this total amount will be distributed through daily rewards)
The user ranked No.3 will receive 10,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: 10000*0.3/365*90=739.7 FSN (the total amount that will be distirbuted within 90 days is 739.7 FSN and this total amount will be distributed through daily rewards)
Each of the users ranked No. 4 to No. 10 will receive 5,000 time-lock FSN (mining income rights) for 3 months.
Expected Income: 5000*0.3/365*90=369.9 FSN (the total amount that will be distirbuted within 90 days is 369.9 FSN and this total amount will be distributed through daily rewards)
All other participants of the competition (all users ranked No. 11 and below) will share 10,000 time-lock FSN (mining income rights) for 3 months based on the proportion of their own trading volume of FSN compared with the total trading volume of FSN generated by all users ranked No. 11 and below.
The winner list is shown as follows
Hotbit will distribute FSN for the winners from 10:00(UTC+8), December 4th,2019 to 10:00(UTC+8), March 2nd, 2020 for 90 times.
Users can check daily distribution on deposit history before 16:00(UTC+8)
Hotbit Team
December 3, 2019
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