Dear BW users:
BW.com will officially launch Staking function and open MAT Staking at 20:00 on November 4th, 2019 (UTC+8). Users can participate in it easily to get interest benefits of Staking.
Please be sure to read carefully and participate carefully.
【Steps】
Go to BW home page, find the Staking at the navigation bar.
【Staking Rules】
1.Lockup amount limitation per user: min. 10 MAT, max. 1000000 MAT
2.Lockup effective time: take effect on the day
3.Lockup period: 180 days
4.During the lockup period, the interest received can be traded at any time, but the principal cannot be traded, withdrawn or unlocked in advance;
【Interest Rate】
|
Level |
Total Lockup Amount |
Annual Interest Rate |
|
A |
1---------1000 |
36.5 |
|
B |
1001-----10000 |
54.75 |
|
C |
10001----50000 |
73 |
|
D |
50001----100000 |
91.25 |
|
E |
100001---1000000 |
109.5 |
【Interest Release Rule】
1.Interest distribution start time: from the second day after the lockup takes effect, the interest will be distributed daily
2.Payment form: MAT
3.The locked token will be release 10% after 180 days, and release the remaining 90% every 3 months. The proportion is: 20%, 20%, 25%, 25%.
4. The lockup amount can be accumulated. The annual interest rate will increase accordingly. For example, lockup 500 MAT for the first time, and lockup another 5,000 MAT the second time, then the annual interest rate will be upgraded from 36.5% to 54.75%. The annual interest will be distributed by 54.75% on the second day after second lockup.
5.Release stop time: the total amount of mineral pool is synchronized with MMP (total amount of 300 million mineral pools), and the end of total amount of mineral pool is the end of mineral income.
【Declaration】
1.Users who participate in the burning and mining can get the interest equivalent to participating in the burning and mining in MMP (mining.wmarc.sg), which will also trigger the burning (destruction) equivalent MAT to enter the black hole address (300 million destroy total mining pool), and will gain certain benefits.
2.BW.com reserves the right to interpret the activity.
【Contact us】
Telegram: t.me/BW_support
VK: https://vk.com/bw.exchange
Reddit: https://www.reddit.com/user/bwexchange
Mailbox: support@bw.com
Official website: www.bw.com | www.bw.io
Download BW APP: https://www.bw.io/appDownload
BW, Bit World, Better World
BW.com Global Operations Team
November 4, 2019
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