In celebration of the 2nd anniversary of OKB, we decided to buy-back OKB (equivalent of 2,000,000 USDT) from the market to give back to our users in a series of promotions. OKTraders could also buy OKB at 20% discount based on the second-market price during the subscription period. Details:
Subscription Time: 04:00 - 05:00 Apr 22, 2020 (UTC)
Subscription Price: 20% discount of the OKB/USDT trading pair price on OKEx 30 minutes before the beginning of the subscription.
Subscription Token: USDT
Subscription Coefficient: The allotment coefficients will be determined by users’ cumulative trading volume on OKEx (including Funding Account, Spot Account, and Fiat Account, calculated in Bitcoin) since they registered up until 16:00 Apr 21, 2020 (UTC). The corresponding allotment coefficient is showed as below:
OKEx Cumulative Trading Volume
(Funding + Spot + C2C Accounts; Calculated in BTC)
|
Allotment Coefficient
|
[5,50)
|
1
|
[50,100)
|
1.2
|
[100, +∞)
|
1.5
|
Individual Subscription Amount: 100 - 1000 USDT.
Participation Method: Subscribe via OKEx Jumpstart Page
Each round of token sale will last until the countdown is over, there is no subscription limit before it ends.
Subscription Procedure: All participants are required to transfer USDT to their OKEx Funding Account in advance, and subscribe OKB on the exclusive OKEx Jumpstart OKB Subscription Page during the subscription period. Once the allotment session ends, OKB will be credited to users’ OKEx Funding Account and the corresponding amount of USDT will be deducted.
Subscription Calculation: The individual allotment will be calculated based on the following formula:
Allotment of A User= (Individual Allotment Coefficient * Individual Subscription Amount/∑Individual Allotment Coefficient * Individual Subscription Amount) * 2,000,000 USDT
Note:
1. Exclusive to KYC2 or above users;
2. Sub-accounts are not eligible for the subscription;
3. OKEx reserves the right to disqualify accounts and confiscate the prize for cheating behaviors such as malicious transactions. In case of any dispute, OKEx reserves the right of final decision.
Risk Warning: Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.
