Important annoucement: DFT locking rewards upgrade and extra rewards launch

Dear users:

After recent implementation of hourly snapshot of DFT and exclusion of the DFT which on sell orders from participating of rewards airdrop, DFT price stabilized. In order to improve the stability of DFT price DigiFinex will  locking rewards program from 30th July onwards.

Rules for DFT locking rewards：

1. The DFTs that entitled of daily rewards: only the DFTs user locked on DigiFinex exchange  participate in the daily rewards. Rewards are based on DFT snapshot and rewards are distributed on the following day. So for the DFTs that on order or not locked are not eligible for rewards.

2. Snapshot rules: locked DFT amount snapshot is taken daily on 23:59:59(GMT+8) which is 15:59:59(GMT+0) time.

3. Lock and unlock:

1) Lock(user can choose the amount to lock): After user choose a certain amount DFTs to lock then those DFTs will be under “locked”status which are not allowed to trade.

2) Unlock(user can choose the amount to unlock):After user choose a certain amount DFTs to unlock then those DFTs will be under “unlocking” status. Unlocking takes 72hours to complete. During unlocking status those DFTs are not entitled for rewards.

Example 1:

User Adam owns 10,000 DFTs on 30th July and Adam locks 3,000 DFTs on 02:00:00, then Adam locks another 3,000 DFTs on 07:00:00, and later Adam locks another 3,000 DFTs on 15:59:58 30th July. Then Adam total locked DFT amount is 9,000. And 9,000 DFTs are entitled for rewards which will be distributed on 31st July. ( GMT+0 time applied in the example)

Example2:

User Bob owns 10,000 DFTs on 30th July and Bob locked 10,000 DFTs on 02:00:00, then Bob changed his mind and unlocked 4,000 DFTs on 12:00:00 30th July. So Bob total locked DFT amount is 6,000. And 6,000 DFTs are entitled for rewards which will be distributed on 31st July. And the 4,000 DFTs will be released after 72hours. ( GMT+0 time applied in the example)

In order to bring more benefits to DFT loyal customers and active users, DigiFinex launches a extra DFT rewards program concurrently.

Rules for DFT extra rewards：

1. DFT extra rewards: extra M% of the daily rewards the user received (M will be adjusted according situation)

2. How to qualify for DFT extra rewards: user to complete daily trading volume target

3. How to claim DFT extra rewards: after user completed daily trading volume target, user need to click to claim.

4. The extra rewards is a daily rewards if user doesn’t claim on the rewards day the rewards will be expired on the second day.

5. End of day is 24:00:00 GMT+8 timing for DigiFinex. So end of the day is 16:00:00 GMT+0 timing.

Example3:

User Carol received a daily DFT rewards worth around 2000USD on 30th July. The trading volume target is 5,000USDT. And on 29th July Carol traded 5,200USDT on DigiFinex then she is qualified for a extra M% rewards. If M% is 10% that time then Carol will receive another 2000USD*10%=200USD worth rewards.

Thanks for your support!

DigiFinex

29th July 2018

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