Becent will release 51% of the BCT (namely 5.1 billion BCT) through Trans-fee Mining Model from 22nd Sep, 2018
Rules of Trans-fee Mining Model:
The BCT mined by trading on the platform accounts for 51% of the total BCT amount. The trans-fee generated by users will be 100% returned to the users in the form of BCT.
2. Rebate period
Every hour, the generated transaction fee will be converted into BCT according to the current price, and returned to the account at the same time on the next day. For example, the transaction fee generated on August 25th between 9:00 and 10:00 will be returned to the account on August 26th at around 10:00.
3. Conversion price
The BCT conversion price per hour is taken according to the closing price of the previous hour.
4. Mining limit
The daily mining limit of the platform and of the single account will be automatically adjusted according to the mined amount of the previous day. If a single account reaches its mining limit, the subsequent transaction cannot obtain trans-fee rebate. If the platform's daily mining limit is reached, no trans-fee will be rebated to any user.
5. Invitation reward
The user shares his/her own invitation link and invite friends to register. The trans-fee generated by the invited friend will 100% be converted into BCT and returned to the transaction maker, and the platform will additionally reward 15% of the trans-fee to the inviter.