1. As per our White Paper FCoin will distribute 80% of the platform's revenues to FT holders. The remaining 20% will be utilized towards development and operation of the platform.
Please note that our revenue sources include but are not limited to transaction fees. As a transparent exchange open to public review, our principle for revenue distribution is: whatever is the composition of our revenue base, is what we distribute to our FT holders, using the same ratio stated before. For instance, if our transaction fee revenues included BTC, ETH, LTC, FT etc then the platform would distribute BTC, ETH, LTC, FT etc in kind.
2.Everyday is a revenue distribution cycle. First distribution was on June 6, 2018 (GMT+8, same below). Every day after that, all the revenue to be distributed accumulated in the previous day will be distributed to the FT holders in a one-off manner. The calculation method is: every hour from 1 am to 24 am, an hourly snapshot will be taken, and 80% of the total transaction fees generated by the platform in the past hour will be calculated according to the percentage of FT holders in this snapshot, and accumulation.(Note: The FT here refers only to the FT that has been released/circulated. For details, please refer to : Regarding FT Trading, Liquidity and Reimbursement.
From 0:00 on July 10, 2018, the revenue distribution snapshot and payment method will be subject to the FCoin revenue distribution snapshot method adjustment announcement.