Trinity Released the Details of Token Lock-up & Reward Program

TrinityProtocol
Trinity Protocol
Published in
2 min readApr 9, 2018

Dear Community, here is the details of token lock-up & reward program:

The lock-up and reward program will be entrusted to the Trinity Foundation. Users send TNCs they want to lock to an official receiving address which the Trinity Foundation will announce before lock-up. Users can add the contract address of locking to the monitoring wallet.

Trinity will provide a search page on the Trinity official website to users so that they can check information about locking transactions. After the hard cap is reached, Trinity will refund users whose locking transactions fail. When the locking period ends, TNCs will be distributed to users from the entrusted wallet.

TNCs will be accepted in a period of 3 days (April 15–18, 2018 , UTC +8). If the hard cap is reached within 3 days, no more TNCs will be accepted; if not, we will not accept any more TNCs, either.

The locking program will be released at the timestamp of the first block height after 00:00 (UTC +8, Beijing) April 15, 2018. The locking program has a hard cap of 35,000,000 TNC with a locking period of 9 months.

Once the locking program starts, the earlier participants enter the locking address, the more reward they will get.

The first 5,000,000 TNC holders entering the locking address will get 10% of their locking amount as a reward,

The 5,000,000th to 15,000,000th TNC holders entering the locking address will get 7.5% of their locking amount as a reward,

The 15,000,000th to 35,000,000th TNC holders entering the locking address will get 5% of their locking amount as a reward,

The minimum locking amount is 10,000 TNC, and the maximum is 500,000 TNC. The locking amount must be integer multiples of 10,000. (10,000, 20,000, 30,000, etc.) The amount excessing 500,000 will be rejected and returned.

Transfers made before the locking and after the hard cap is reached will be rejected and returned. Users will get all of their reward after the locking period.

The reward will be sent to the address that originally sends TNC as locking, that is, the address that originally sends TNC as locking will get the reward.

The TNC receiving address of the locking program will be released before the locking starts for the sake of community monitor. Please keep posted for our announcement.

All rights reserved by Trinity Foundation.

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https://t.me/TrinityChineseCommunity

Trinity Ensligh Telegram:

https://t.me/TrinityStateChannels

Twitter:

@trinityprotocol

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