TRON Foundation
Jul 19 · 2 min read

We have completed the fourth day of the TRC20-based USDT 30million incentive plan to early TRC20-based USDT users. Please check your account for the rewards accordingly. All addresses in the TRON MainNet with TRC20-based USDT are eligible to receive proportional reward, no additional procedures needed.

According to the plan, the snapshot took place on 9:00am of July 18th, 2019(PDT), and rewarded the users with (Amount of tokens held by users * 15% annualized rate). The block height marked 11087090 with a timestamp of 1563465600000.

At the time of the snapshot, the total amount of TRC20-based USDT was 87880278.301127. The total amount of TRC20-based USDT rewarded was 29709.640572 and a total of 1539 accounts received the reward. According to the USDT price on Bitfinex on July 18(PDT), the total value of the reward was equivalent to $30,006.73698

The next snapshot for the APR of 15% reward will take place on 19th of July at 9:00am(PDT) and it will be sent within the next 24 hours. The following incentive plan is as follows:

This TRC20-based USDT reward campaign features:

Longer duration: the entire incentive plan will last for 31 days;

Higher reward: APR 100% as maximum reward;

Free of charge: zero cost for users to receive rewards;

Larger Reward Pool: calculating based on the current circulation of TRC20-based USDT, the overall reward spending could be as high as 200 million RMB, without hardcap.

We will decide if there will be an extension of the plan or a new plan instead based on community feedback.

NOTE: The actual incentive plan strategy and time may be different depending on the situation.

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