Thank you for always using CROSS exchange.
Today, 6/3/2019 (MON) 4:00 UTC
We would like to announce the “XEX Holder Bonus” has been distributed.
The XEX Holder Bonus is a system for distributing XEX from the Fund once every quarter for CROSS exchange users who hold XEX.
The first bonus, where a snapshot was taken on May 31st, is now reflected in your wallets (6/3) for XEX holders.
【Report of XEX Holder Bonus】
Used Fund Assets: ~4,500,000.00 USD worth
Amount of XEX Distributed: 27,272,727.27 XEX
Calculation Method: Market Price as of 5/31/2019 4:00 UTC
4,500,000 USDT÷1.65（XEX/USDT price at 5/31 4:00 UTC) = 27,272,727.27 XEX
【XEX Distribution Type】
Limited to XEX held for the Fund (Distribution Rate: 80%)
The XEX distributed to you cannot be sold like fund asset distributions. Please use it to earn daily distributions. You cannot transfer this distribution to another account or transfer it elsewhere, so please use it for managing your assets as a XEX Holder.
【Description of Wallet History】
・Fund Bonus (with Lock-up)
(Shows the XEX bonus distributed) Please verify your wallet.
■ Next XEX Bonus Distribution: 8/31/2019
1. Proportional allocation of 5% of Fund Assets to XEX holders (same as 1st)
2. Return 5% of Fund Assets to highly contributing XEX holders (from 2nd distribution onwards)
① Number of Automatic Relock-ups
② Period of Automatic Relock-ups
③ The non-use of Lock-up Cancellation
The above conditions are evaluated using the above criteria and each individual score is derived from the total score of all highly contributing users, based on which 5% of the Fund Assets’ XEX will be allocated.
Going forward including consideration of the CROSS exchange fund, we will take measures to return more benefits to “users who hold XEX for the long term.”
We look forward to your continued support.
CROSS exchange Team