To celebrate the premiere listing of Polkadot DeFi project- RFUEL (Rio Fuel Token), BiKi platform and RFUEL have jointly launched the following activities:
Activity 1【RFUEL Hodl Staking Annualised Returns 50%】
Activity period: 2020/09/30, 16:00–2020/10/06, 24:00 (GMT +8)
Token for earnings: RFUEL
Expected Annualized Yield: 50%
Minimum quantity: 350 RFUEL
Maximum quantity: 3500 RFUEL
Participating method: Users with holding assets ≥350 RFUEL will receive the earnings with flexible deposit, withdrawal and trading during the activity period.
Distribution of Earnings: T+1, that means, the system will perform random snapshot of the user’s holding asset position for RFUEL today and release the earnings the next day.
Account for snapshot: RFUEL available balance in the Exchange Account only.
To Check Earnings: Go to BiKi Mining Pool > My PoS Record > PoS position
Note: The final interpretation rights will be in the sole discretion of BiKi.
Activity 2 【RFUEL Grid Mining Trading Fee Rewards 50%】
Activity period: 10/07, 00:00–10/13, 24:00 (GMT +8)
Rules: The platform will contribute 50% trading fees of RFUEL spot transaction as the grid mining rewards. During the activity period, users who participate in liquidity mining in RFUEL/USDT will receive mining pool rewards proportionately from the daily mining output. The rewards will be in the base token e.g. RFUEL/USDT grid transaction will receive RFUEL mining rewards from the daily mining output.
The mining conditions are as follows:
Token Pair: RFUEL/USDT
Min. Qty: 20 USDT
Reward Pool: 50% Spot Trading Fees in RFUEL
Release Cycle: T+1
Grid Order Running Time: Not less than 1 hour
Price Gap: Not more than 10%
Mining Output Formula:
Sum of current grid mining for token pair = ((User A’s total invested assets in grid*User A’s mining time) + (User B’s total invested assets in grid*User B’s mining time) + (User C’s total invested assets in grid)*H3 + (User N’s total invested assets in grid*User N’s mining time))
Mining Rewards (converted to USDT) = (User A’s total invested assets in grid*mining time / Sum of current grid mining for token pair)*the previous day’s total trading fee of the token pair (converted to USDT)*50%
* If you are not an experienced investor, we recommend you use AI Recommended strategy.
Other Terms & Conditions:
1. At random snapshots, grid orders that are running for less than 1 hour will not yield income.
2. Grid orders may be terminated at any time but terminated orders will no longer yield income.
3. Grid orders with price gap of more than 10% will not yield income.
4. The mining rewards are distributed T+1 and the first distribution will be 10/08.
5. Double Benefits = Total grid profits + Liquidity Mining rewards
6. The final interpretation rights of the activity will be in the sole discretion of BiKi.
Grid Trading Tutorial (Text)：https://support.biki.cc/hc/en-us/articles/360047212252-How-to-use-Grid-Trading-APP-version-
Grid Trading Tutorial (Video): https://support.biki.cc/hc/en-us/articles/360049071451-Video-Tutorial-BiKi-Grid-Trading
Note: BiKi Grid Trading is available on APP version only.
1. Investing in digital assets comes with high risks due to huge price fluctuations. Before investing, please have a full understanding of all the risks of investing in digital assets and be prudent of your own investment decisions.
2. In view of the possible changes in the global regulatory environment and to ensure compliance with the local laws, users from China, Singapore and other countries/regions are advised to consult a lawyer in their country/region before
participating in the transaction. BiKi reserves the right to terminate the provision of services at any time to users who may violate the relevant laws of the country/region in which they are located.
3. BiKi and employees will not recommend, guide or encourage you to invest in any project in any way. Please ensure that investment decisions are made independently.
4. BiKi does not participate in private sale of any projects nor primary market sale or related locked position activities. Please ensure that you understand all public information of the project before making any investment decisions.
5. BiKi supports and recognizes the relevant provisions of KYC/AML (anti-money laundering) rules & regulations for users in countries and regions operationally. Please make sure that the source of assets is legal, and the identity information is true and valid.
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Thank you for your support, and we look forward to your valuable opinions.