Offering the opportunity to purchase BTC at 50% OFF using unpledged (free) KOIN🎁✨
If total application demand exceeds 3 BTC, the sale will be proportionally distributed.
KOIN that is not used will receive a 1% bonus and will be returned over 30 days after the end of the campaign.
Koindex will burn all KOIN that is used to purchase BTC‼️
11/6/2020 10:00 UTC ~ 11/27/2020 9:59:59 UTC
- Secure your applicable amount by pledging new KOIN under Pledge 90 during the period
- Then, acquire unpledged (free) KOIN and apply it towards the sale
- Purchase BTC at 50% OFF (If application demand exceeds supply, the BTC sale will be proportionally distributed)
- Applied KOIN that is not used will be refunded with a 1% bonus over 30 days
<About Application Amount*>
The amount of KOIN users can apply for will be finalized by the amount a user qualifies for under the following conditions during the period:
- KOIN bought from the trade board then invested in Pledge 90 - 1.3x
- KOIN Auto Mined under Pledge 90 - 1x
- KOIN manually mined (from trading) with Pledge 90 mode selected - 1x
- KOIN sold - -2x (negatively counted)
* The amount a user has qualified for and can apply for the sale will be displayed on the campaign page.
** Only activity during the period is counted.
*** Even if a user sells after successfully applying KOIN, it will be counted negatively.
**** Automatically repledged KOIN will not increase a user’s qualifying amount for application.
<The items listed below can be verified from the Sales Page>
- Total applicable amount for you
- Total amount of on-hand unpledged (free) KOIN for you
- Total amount applied by you
- Total amount used in the sale by you
- Cancellation is not possible after application.
- Applied KOIN will be pledged as KOIN under Pledge 30 during the period. This KOIN will receive Daily Distributions as under Pledge 30.
- Applied KOIN is not subject to daily unpledging during the period.
- Max application limit per user: 1,000,000 KOIN
User A wants to apply 1,000 KOIN towards the BTC sale.
Once the period begins, User A can:
- Buy ~769.25 KOIN from the trade board, then invest it in Pledge 90
(769.25 x 1.3x = 1,000 KOIN qualified for the sale)
Auto Mine or manually mine 1,000 KOIN under the Pledge 90 plan
(1,000 x 1 = 1,000 KOIN qualified for the sale)
- Newly acquire 1,000 unpledged (free) KOIN, then apply that to the BTC sale. This cannot be KOIN that is unpledged from a previous Pledge Plan nor KOIN held before the sales period began.
As shown in the example above, User A must first pledge an amount under Pledge 90. Then they must acquire unpledged (free) KOIN to apply for the sale. If User A sells any after successfully applying KOIN towards the sale, their applied amount will decrease by -2x.
<Distribution of Bought BTC>
- The price of KOIN will be calculated at the base rate of the week when the period ends.
- The BTC price will be the price at the end of the period.
- It will be distributed to wallets within 3 days after the end of the period.
- Unused KOIN due to proportional allocation will start to be returned to wallets within 3 days after the end of the period.
- A 1% bonus will be provided with your returned KOIN over 30 days.
・ KOIN collected by Koindex in this campaign will be burned.
Any violation of the rules is strictly prohibited. Koindex has its own and ultimate discretion in interpreting event rules.
If you have any questions, please feel free to contact Koindex official support.