Dear users,
ABCC will launch Mining Referral Program (as an upgrade of our existing referral program).
All users who participate in the Mining Referral Program will enjoy additional rewards as follows:
- Earn 20% of power calculation received by invited friends who Trade-to-Mine on ABCC;
- Earn 10% of power calculation received by friends of friends who Trade-to-Mine on ABCC;
- Friends who have been invited will receive extra 10% power calculation when they Trade-to-Mine on ABCC.
Example:
Member A invites B and B invites C to sign up at ABCC. B is counted as A’s 1st Level Referral and C is A’s 2nd Level Referral. C is B’s 1st Level Referral.
AT released from mining = Total AT released from the Block * (total trading fees contributed by member A / total commissions generated during that Block)
As part of Mining Referral Program, Member A, B and C all will enjoy an increase in the proportion of their trading fees to the total trading fees during the block:
A’s trading fee = trading fee generated by A + trading fee generated by B * 20% + trading fee generated by C * 10%
B’s trading fee = trading fee generated by B + trading fee generated by C * 20% + trading fee generated by B * 10%
C’s trading fee = trading fee generated by C + trading fee generated by C * 10%
|
A |
B |
C |
Trading Fee (before) |
1BTC |
1BTC |
1BTC |
Trading Fee (after) |
1.3BTC |
1.3BTC |
1.1BTC |
Amount of AT |
3514 |
3514 |
2973 |
The detailed plan will be announced in early July.
Click to learn more about our existing referral program>
ABCC Team
June 30, 2018
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