Dear Bithumb Global Users:
Bithumb Global supports ONG distribution. All users who hold ONT in Bithumb Global can get ONG generated by ONT.
Specific rules are as follows:
- Daily snapshot settlement
Daily obtained amount of ONG = [daily amount of ONG obtained by BG] * [user's position proportion (i.e. the ONT position held by user in daily / the total ONT position held by BG in daily)]
- Monthly cumulative distribution
Monthly obtained ONG amount = the sum of monthly accumulations of daily ONG amount
We will take an asset snapshot of ONT position data of Bithumb Global at 23:59:59 (UTC+8) every day in Hong Kong time, then make daily settlement and monthly accumulation, and complete the distribution of ONG on the 20th of the following month.
The first ONG distribution will be completed on July 20, 2019.
Happy Trading!
July 10, 2019