Dear users
In conjunction with our official launch of Liquidity Mining and to celebrate the forthcoming Mid-Autumn Festival, BiKi will be launching the liquidity mining for BXTB and TIIM! Users who perform grid trading for BXTB/USDT and/or TIIM/USDT and meet the mining conditions will receive double rewards in grid profits + liquidity mining rewards. The details are as follows:
【Participate in Liquidity Mining, Share 50% Trading Fees Rewards Pool】
Activity period: 09/25–10/09
Rules: The platform will contribute 50% trading fees of the above specified token pairs as the liquidity mining pool reward. During the activity period, users who participate in liquidity mining in BXTB/USDT and/or TIIM/USDT will receive mining pool rewards proportionately from the daily mining output. The rewards will be in the base token e.g. BXTB/USDT grid transaction will receive BXTB mining rewards from the daily mining output, and TIIM/USDT grid transaction will receive TIIM mining rewards from the daily mining output.
The mining conditions are as follows:
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 09/26.
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.
Risk Reminder:
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.
BiKi Group：
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Medium: https://medium.com/@bikicoin
Thank you for your support, and we look forward to your valuable opinions.
BiKi Team
2020–09–25
