- YUN Introduction
YUN (YUN Token), the integral system which is issued and managed on the basis of the block chain, is the only token that YunEx officially launched . Our YUN holder can share dividend from YunEx .
Special Note: YUN does not raise funds from any public investors in any country and the YUN is all used for donation for users.
- YUN Detailed Issue Rules
2.1 Circulation volume: constant to 303,000,000.
2.2 Issue cycle:
Issue times: a total of 3,000 times, issue once a day.
Issue cycle: Every 30 days is a cycle. There are 100 cycles in total with a decrease of 60000 in each cycle.
Initial issue number: first issued on the first day of YUN's online operation, with a total amount of 200,000.
2.3 Reward rules:
2.3.1 100 % of YUN daily issued by the platform will be used for donation.
2.3.1 Users participated in the transactions can obtain 30 % of YUN as rewards. The formula is as follows:
YUN number one user get=(daily trading fee consumed by user/daily total fee of YunEx)*daily released YUN*30%
2.3.2 Users can get 15 % of YUN as rewards for inviting friends to participate in the transaction.The formula is as follows:YUN number one reference get=(daily trading fee consumed by friends/ daily total fee of YunEx)*daily released YUN*15%
2.3.3 YunEx can be awarded by 55 % of YUN.
2.3.4 The platform will make statistics on the users' transactions every day. The statistical cycle is 0:00:00 - 23:59:59 on the day, and the platform will send YUN to the users' personal account in corresponding proportion based on the statistical data on the next day.
2.4 YUN circulation:
2.4.1 Starting from March 27, 2020, all newly issued YUN will be permanently frozen.
- Freeze Plan and Instructions of 55% of YUN that YunEx gets as rewards.
Proportion Cases of Freeze Usage 53% Permanent freeze For the establishment of platform risk deposit,Daily operations and long-term development funding 2% Permanent freeze For YUN repurchase
4.1 On the basis of the proportion of users' YUN holding share, YUN platform allocates 100 % of the platform's daily fee income as incentives to YUN holders in the form YUNT. please refer to the "YUNT Release Rule" for specific reward rules.
4.2 Participate in the YUN UP activity (https://yunex.io/yunt/up) to get airdrop rewards.
4.3 Other YUN exclusive activities, etc.
- YUN Buy-back Plan
5.1 Repurchase quota: The incentives obtained from 2% of YUN issued number are used for repurchasing YUN after YUN transaction pair list.(The repurchase fee is borne by YunEx).
5.2 Repurchase method: The platform will automatically place the current price on the current YUN transaction at 15:00 every day until the final transaction is done. The repurchase of YUN is categorized as the platform's YUN destruction account.The repurchase of YUN is destroyed in public on a monthly basis.
5.3 When the circulation of Yun is reduced to 50,000,000, YunEx will stop the repurchase and destruction of Yun.
5.4 During the system maintenance, the platform reserves the right to repurchase pending orders.
- Platform Risk Warning
6.1 YUN is a kind of accumulate integral awarded by the platform for giving back to traders. YUN does not raise funds from any public investors in any country in the world. Holding YUN only represents the qualifications to participate in the activities and the platform reserves the right to modify the rules of the activity.
6.2 We promise to make every effort to ensure the security of your transactions and digital assets. If the platform is legally closed due to any reason, the platform will not be responsible for repurchases of YUN. Investors should pay attention to the risks when making a transaction.
Remarks: The above description involved in time adopts the Hong Kong time standard (UTC/GMT + 08:00).
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