Long-term Support for Basis Gold Mechanism (Distributing BAG to BAGS Holders)
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Dear users,
Many users have participated in the "Holding BAGS to Win BAG Airdrop" program since its launch. In order to improve our users' experience, HTX will continue to support the "Basis Gold Mechanism" (Distributing BAG to BAGS Holders). Users who hold BAGS at the snapshot time can earn the on-chain Rebase reward (Please note that BAG airdrops may not be obtained due to the on-chain operating mechanism).
1. Snapshot time: Daily snapshot at 11:00:00 (UTC+8)
2. Participation: Users who hold BAGS at the time of the snapshot can participate.
3. Snapshot scope: HTX Exchange Account (The BAGS holdings of all sub-accounts are included in the corresponding parent accounts). Executed Sell Orders, Uncredited Deposits and Completed Withdrawals will not be counted at the time of the snapshot.
4. Calculation rule: BAG received by User A = (Amount of BAGS held by User A at the time of snapshot / Amount of BAGS held by HTX at the time of snapshot) * BAG received by HTX
Please note that BAG airdrops may not be obtained due to the on-chain operating mechanism.
5. Distribution time: The airdrop will be distributed to your Exchange account starting from the next working day (T+1) after you hold BAGS (T+0).
6. Deposit and withdrawal related: From 10:00 to 12:00 (UTC+8) every day, the deposits and withdrawals of BAGS could be suspended according to technical requirements.
Click here to check: HTX ECO Chain
The final interpretation of this rule belongs to HTX. Thanks for your support!
HTX
January 19, 2021
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