Announcement on 3% APR on the 28th Day for USDT Incentive Plan (2019.08.12 PDT)
We have completed the twenty-eighth day of the TRC20-based USDT 30 million 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 August 11th, 2019(PDT), and rewarded the users with (Amount of tokens held by users * 3% annualized rate). The block height marked 11767885 with a timestamp of 1565539266000.
At the time of the snapshot, the total amount of TRC20-based USDT was 112,402,009.83106. The total amount of TRC20-based USDT rewarded was 8,108.274984 and a total of 1748 accounts received the reward. According to the USDT price on Bitfinex on August 11(PDT), the total value of the reward was equivalent to $ 8,108.274984.
As of August 11, the total amount of TRC20-based USDT rewarded in 28 days was 752,602.446234 USDT and a total of 45865 accounts received the reward. According to the USDT price on Bitfinex, the total value of the reward in 28 days was equivalent to $755,105.82246.
The next snapshot for the APR of 3% reward will take place on the 12th of August 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.