USDT Financial Management Subscription Phase 2 is officially launched

DragonEx
DragonEx
Published in
2 min readDec 24, 2019

Subscription: https://dragonex.io/en-us/subscribe/detail?aid=2004 (https://dragonex.io/en-us/subscribe/detail?aid=2003)

1. Financial management products Introduction
Currency: USDT
Product Type: Fixed income type
Return Type: USDT return
Total amount: 1,000,000 USDT
Financial cycle: 30 days (December 25, 2019 ~ January 24, 2020)
The annual rate of return: 10.00%
Subscription method: Pay USDT on the subscription page

2. Subscription Qualification
①Must complete the intermediate authentication
②DT Snapshot time: 15:00 (UTC+8) on December 23, 2019.
③If the number of DT in snapshot ≥ 100, the available subscription amount = DT number in snapshot / 100 * 20,000 USDT ( PS : If the result is 20,099, then you have 20,000 subscription amount)
④If the number of DT in snapshot < 100, the available subscription amount is 10,000 USDT

3. Subscription
① When: December 24, 2019, 15:00~20:00 (UTC+8)
② How: Pay USDT for subscription
③ Valid subscription statistics: at the end of the subscription
A. If total amount of subscription for all users ≥ total amount (1,000,000 USDT), 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 USDT= the amount of subscriptions by a user* (1 — valid subscription ratio)
B. If the total amount of subscription for all users <the total amount (1,000,000 USDT), 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 USDT form)

Additional remarks
DragonEx reserves the final right of interpretation

DragonEx Team
December 24, 2019

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