TRON Foundation
Aug 13 · 2 min read

We have completed the twenty-ninth 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 12th, 2019(PDT), and rewarded the users with (Amount of tokens held by users * 3% annualized rate). The block height marked 11796619 with a timestamp of 1565625666000.

At the time of the snapshot, the total amount of TRC20-based USDT was 112,402,010.106043. The total amount of TRC20-based USDT rewarded was 8108.941389 and a total of 1803 accounts received the reward. According to the USDT price on Bitfinex on August 12(PDT), the total value of the reward was equivalent to $ 8,100.118861.

As of August 12, the total amount of TRC20-based USDT rewarded in 29 days was 760,711.387623 USDT and a total of 47668 accounts received the reward. According to the USDT price on Bitfinex, the total value of the reward in 29 days was equivalent to $763,205.94132.

The next snapshot for the APR of 3% reward will take place on the 13th 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.



TRON Foundation

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