ABCC appreciates AT holders' firm and constant support. To acknowledge their resolute support, ABCC has decided to upgrade the snapshot of AT holdings at 0:00 on Aug 15, 2018 (UTC+8). This is to secure AT holders higher rewards.
Two changes have been made regarding the previous upgraded AT scheme.
Snapshot method is changed
Old: Snapshots are taken at 24:00 (UTC+8) on a daily basis. The lowest AT holding of a consecutive of 7 days will be chosen to calculate AT rewards for the 8th day.
Upgraded: Snapshots are taken four times a day at 0:00, 6:00, 12:00 and 18:00 (UTC+8) respectively. A total of 28 snapshots are taken for a consecutive of 7 days, of which, the lowest AT holding of the 28 snapshots will be chosen to calculate AT rewards for the 8th day.
Updates to Terms and Conditions
Only the non-frozen ATs are eligible.
ATs that are frozen for withdrawal or set in limit order are not eligible.
One’s rewards = reward pool for all circulating AT * (one’s lowest AT balance among the 28 snapshots/ the sum of lowest AT holdings across all users and the platform among the 28 snapshots)
To secure higher rewards for users holding AT, the rewards calculation and distribution for AT released to the ABCC team (20%) and investors (10%) but still under lockup will remain unchanged.
Between 15 August and 21 August (UTC+8), AT rewards will be distributed upon the old method. From 22 August (UTC+8), AT rewards distribution will follow the new scheme. Please note, from 0:00 on 15 August onwards, your AT holding of each block will impose an impact on your AT rewards.
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