EOS Financial Management Subscription Phase 1 is officially launched

DragonEx
DragonEx
Published in
2 min readDec 3, 2019

Subscription: https://dragonex.io/en-us/subscribe/detail?aid=2001 (https://test1.dragonex.co/en-us/subscribe/detail?aid=2001)

1. Financial management products Introduction
Currency: EOS
Product Type: Fixed income type
Return Type: EOS return
Total amount: 100,000 EOS
Financial cycle: 30 days (December 04, 2019 ~ January 03, 2020)
The annual rate of return: 8.00% ( Estimated interest of 100 EOS subscription : 100.6575 EOS)
Subscription method: Pay EOS on the subscription page

2. Subscription Qualification
①DT Snapshot time: 15:00 (UTC+8) on December 2nd, 2019.
②If the number of DT in snapshot ≥ 100, the available subscription amount = DT number in snapshot/100*2000 EOS ( PS : If the result is 4631, then you have 4000 subsription amount)
③If the number of DT in snapshot < 100, the available subscription amount is 1000 EOS

3. Subscription
① When: December 3, 2019, 15:00~20:00 (UTC+8)
② How: Pay EOS for subscription
③ Valid subscription statistics: at the end of the subscription
A. If total amount of subscription for all users ≥ total amount (100,000 EOS), the user’s valid subscription amount = the user subscription amount * the valid subscription ratio (valid subscription ratio = total amount/ all user subscription valid amount * 100%, the platform will return the invalid subscription EOS= the amount of subscriptions by a user* (1 — valid subscription ratio)
B. If the total amount of subscription for all users <the total amount (100,000 EOS), the financial interest will be calculated based on the total amount of subscription.

4. Redemption
Automatic redemption on T+1 working days after maturity (the principal and interest are directly paid to the investor account and issued in EOS form)

Additional remarks
DragonEx reserves the final right of interpretation

DragonEx Team
December 3, 2019

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