FOTA: A Profit-Sharing Platform

Fortuna | FOTA
Oct 27, 2018 · 2 min read

FOTA.com Dividend Guidelines:

The platform will take out 40% of the daily contract trading fee as a dividend to its FOTA token holders on the platform. All FOTA holders on the platform will receive dividends, although those who lock their tokens will receive dividends as if they had x2 the number of tokens.

Guidelines:

1. The platform settles the contract trading fee at 2:00(UTC+0) for the last day (UTC+0, 0:00–24:00) so that the dividend is calculated:

40% x Total Futures Trading Fees = Total Dividends;

2. The amount and retention time(Both locked and unlocked included) of FOTA on the platform are calculated using a weighted average so that the dividend of each FOTA is calculated:

40% x Total Futures Trading Fees / ((Locked FOTA x 2)+ Unlocked FOTA) = Dividends Per Single FOTA;

3. The amount and retention time(Both locked and unlocked included) of FOTA on the platform are calculated using a weighted average so that the dividend of each user is calculated:

40% x ((Individual’s locked FOTA x 2) + Individual’s unlocked FOTA) x (Total Futures Trading Fees / (Locked FOTA x 2+ Unlocked FOTA)) = Dividends of Each User;

4. The dividend income will be paid within 24 hours after the contract trading fee settlement. You can view the detailed dividend history in “Asset Management-History.”

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Fortuna | FOTA
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