TZV “1+1” Redemption Plan + Instruction Step by Step
TZVC’s early exercise plan is aimed at compensating for the participants in the “Genesis Miner Program”.
According to the “1+1” principle (one ZVC combined with one TZVC will give 0.14 USDT (U), also known as the exercise price. TZVC is tradable at Hoo Exchange, however, buyers will not be able to obtain the mining right for the next three months. The mining right belongs only to the miner taking part in the genesis miner program. By principle, as long as the “1 + 1” principle is met, anyone can exercise and get 0.14 USDT (U) in ZV Wallet. We hope that the non-genesis miners who have also brought TZVC can sell to the Genesis miners.
To take part in the “1+1” principle (one ZVC combined with one TZVC will give 0.14 USDT (U), the technical guide will be available soon.
Following on, are the questions users may have in mind:
- Can I buy more TZVC to get the “1+1”? If I have taken part in the genesis miner program? Can I continue to exchange more 1 ZVC combined with 1 TZVC for 0.14 USDT?
Answer: Yes, according to the “1 + 1” principle (one ZVC plus one TZVC), regardless of whether TZVC is purchased from the exchange. - I have participated in the genesis miner program before. However, I have sold my TZVC. Can I continue to exercise right after buying TZVC?
Answer: Yes, as long as you have TZVC, you can exercise the right, whether it is officially given or bought from the exchange. - When will the exchange period of “1+1” be?
Answer: Starts at 10:00 on April 1 and ends at 24:00 on April 7. - Hoo Power promised 0.21U for “1+1” before, but now if we exercise in advance, what about Hoo Power.
Answer: Participation through Hoo Power will follow the rules stated by the exchange, during participation. - I did not participate in the genesis miner plan before. Can I buy TZVC to participate in this exercise?
Answer: Yes, as long as you have TZVC. However, you do not have the mining rights that the genesis miner will have. - The notice says that the exercise rights will be from April 1st to April 7th. What if all our ZVC is in fortune management (hosted mining/trust mining), how do we exercise?
Answer: You still can, if you are willing to exercise. Submit TZVC first, and then exercise the rights in ZV Wallet (Available on Google Play Store and Apple Store). Wait for you to withdraw from the fortune management (Mobile staking), and proceed with the redemption stated in the technical guide to get USDT.
