Dido Ma
Dido Ma
Aug 10 · 3 min read
QGas listing and trading promotions started on Cybex on Aug 12th

CYBEX will officially launch QLC Chain (QGAS) trading on August 12, 12:00, opening QGAS/USDT trading pairs and the deposit and withdrawal function on August 9, 15:00.

To celebrate that QGAS’ listing on its first exchange, QLC Chain team is giving away a total of 1,000,000 QLC plus 10 Confidant stations.

Be prepared to receive the abundant rewards by trading QGAS on Cybex https://dex.cybex.io/

PROMOTION ONE — PLACE ORDER TO EARN QLC

Promotion Time: 17:00 Aug 12, 2019–17:00 Aug 16 (UTC+8)

Trading Pair: QGAS/USDT Only

Rewarding Token: QLC

Rewards Releasing Time: Every hour

Rewarded Amount:200,000 QLC in total in four days; i.e.: Release 50,000 QLC every day;

Release 34.7 QLC every minute

Specific requirements and rules

  1. CYBEX defines one minute as a ranking period, with 1440 (60*24) periods every day. The amount of bonus per period is 34.7 QLC.
  2. Based on 0-decimal aggregate volume, the top 20 orders of Buy and Sell of QGAS/USDT trading pairs will be snapshotted at a random time.
  3. All orders, with the amount no less than 0.01 GAS in the snapshots, are calculated to rank the “points” of the user. The calculation formula of “points” is: order amount of the user * Weight.

QLC bonus calculation

  • QLC Bonus = the points of the user by creating orders/total points of Buy and Sell orders based on the snapshot time x 34.7 QLC
  • Based on “points”, the top 20 users will receive the QLC according to the proportion. Points=Number of orders * weight/order
  • Please note the Top 20 Orders refer to the top 20 level rankings. If there are orders at the same price, they shall be considered as one level ranking.

PROMOTION TWO — PURCHASE NETWORK RESOURCES BEFORE 5G ERA

5G era is coming, purchase network resources(QGAS) competition starts on Cybex.

Promotion Time: 12:00 Aug 12, 2019–0:00 Aug 17 (UTC+8)

Rewarding Token: QLC (Staking for 3 months) and QGas airdrop from the staked QLC

Rewards Releasing Time: QLC will be staked on behalf of the winners within 7 working days and winners will receive QGAS accordingly. After 3 months, winners will receive QLC and cease receiving QGAS.

Rules: Ranking on network resources purchase amount.

QGas Net buy amount= ( Total buy amount — total sell amount), top 5 traders will be rewarded with:

  • 1st Monopoly Tycoon — 500,000 QLC
  • 2nd Resource Owner — 150,000 QLC
  • 3rd Intercontinental Operator — 80,000 QLC
  • 4th National Operator — 50,000 QLC
  • 5th Regional Operator — 20,000 QLC
  • 6th — 15th Confidant Operator — Confidant Station

Please note

1. QGas airdrop is distributed at variable amount to the winners’ accounts whose QLC is staked for 3 months. When the staking period ends, rewarding QLC will be distributed to the winners’ accounts.

2. 6th to 15th ranked winners shall transfer a random amount of QLC to QLC account jzz-bai921 on Cybex and add notes in the transfer including his delivery address+ contact number+email address for receiving Confidant Station.

*CYBEX has the right of final interpretation of the rules and to adjust it as appropriate.

Happy Trading! Happy Winner!

QLC Chain

QLC Chain is the first public chain for decentralised network. The QLC Chain and supporting ecosystem will enable any individual, business or organization to leveraged the infrastructure and their mobile network resources to become a network service provider.

Dido Ma

Written by

Dido Ma

QLC Chain

QLC Chain

QLC Chain is the first public chain for decentralised network. The QLC Chain and supporting ecosystem will enable any individual, business or organization to leveraged the infrastructure and their mobile network resources to become a network service provider.

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