Announcement on 15% APR on the 11th Day for USDT Incentive Plan (2019.07.26 PDT)

We have completed the eleventh day of the TRC20-based USDT 30million incentive plan to early TRC20-based USDT users. Please check your account for the rewards accordingly. All addresses in the TRON MainNet with TRC20-based USDT are eligible to receive proportional reward, no additional procedures needed.

According to the plan, the snapshot took place on 9:00am of July 25th, 2019(PDT), and rewarded the users with (Amount of tokens held by users * 15% annualized rate). The block height marked 11284386 with a timestamp of 1564070400000.

At the time of the snapshot, the total amount of TRC20-based USDT was 99,902,000.106277. The total amount of TRC20-based USDT rewarded was 34,748.066719 and a total of 1658 accounts received the reward. According to the USDT price on Bitfinex on July 25(PDT), the total value of the reward was equivalent to $34,748.066719.

As of July 25, the total amount of TRC20-based USDT rewarded in 11 days was 596,090.583241 USDT and a total of 17524 accounts received the reward. According to the USDT price on Bitfinex, the total value of the reward in 11 days was equivalent to $598,199.712907.

The next snapshot for the APR of 15% reward will take place on 26th of July at 9:00am(PDT) and it will be sent within the next 24 hours. The following incentive plan is as follows:

This TRC20-based USDT reward campaign features:

Longer duration: the entire incentive plan will last for 31 days;

Higher reward: APR 100% as maximum reward;

Free of charge: zero cost for users to receive rewards;

Larger Reward Pool: calculating based on the current circulation of TRC20-based USDT, the overall reward spending could be as high as 200 million RMB, without hardcap.

We will decide if there will be an extension of the plan or a new plan instead based on community feedback.

NOTE: The actual incentive plan strategy and time may be different depending on the situation.