Rules of CFT Pending Order Mining(Trial)

In order to reward contract customers and improve the trading depth of the perpetual contract, we will award CFT to pending order customers of contract trading.

The pending order mining volume accounts for 25% of the total daily mining production. Each contract trading pair will divide the pending order mining volume on the day. Check it out:

[Pending Order Mining Cycles]

The pending order period is 5 minutes (based on a random snapshot every 5 minutes), and the price range is based on the current mark price.

Every 5 minutes of the day is a pending mining period, and each period will distribute 1/288 of the pending order volume on the day.

[Pending Order Mining Rules]

The system will select a time randomly from each period, and take a random snapshot of the ask and bid pending order from the contract trading pair. Mining volume will be distributed according to the proportion of the pending order papers in different price ranges (that is, the proportion of the number of the user’s pending orders in the total pending orders of a certain price range). Specifically:

If the pending order price is within the range of 0.05% above the Fair Mark Price (i.e. the snapshot price), the system will distribute 1/10 of the pending mining period volume.

If the pending order price is within the range of 0.05% below the Fair Mark Price, the system will distribute 1/10 of the pending mining period volume.

If the pending order price is within the range of 0.05%-0.10% above the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.05%-0.10% below the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.10%-0.15% above the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.10%-0.15% below the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.15%-0.20% above the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.15%-0.20% below the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.20%-0.25% above the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.20%-0.25% below the Fair Mark Price, the system will distribute 1/20 of the pending mining period volume.

If the pending order price is within the range of 0.25%-0.30% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.25%-0.30% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.30%-0.40% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.30%-0.40% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.40%-0.50% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.40%-0.50% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.50%-0.60% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.50%-0.60% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.60%-0.70% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.60%-0.70% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.70%-0.80% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.70%-0.80% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.80%-0.90% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.80%-0.90% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.90%-1.00% above the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

If the pending order price is within the range of 0.90%-1.00% below the Fair Mark Price, the system will distribute 1/40 of the pending mining period volume.

Disclosure

CoinBene reserves the right to final interpretation of the rules.

If you have any problems, please add our customer service agent, and join the exclusive contract customer group for more benefits.

Telegram: https://t.me/CoinBene_PerpetualContract