1. Introduction to YUNT
YUNT points, the total amount is 1% of the total YUN, ie 3.03 million, YUNT points anchor the YunEx platform's handling fee distribution rights; the platform daily fee income is 100% for the repurchase of YUNT.
2. YUNT issuance rules
2.1 Total issuance: constant is 3030000.
2.2 Issuance cycle: One cycle every 30 days, the initial issue date is July 31, 2019.
2.3 Issuance method: The total output of the first cycle is 3030000, with a fixed output of 101,000 per day; the total output of the second cycle is the number of YUNTs repurchased in the first cycle, and so on. Calculated as follows:
The number of YUNTs issued per day = the number of YUNTs repurchased in the previous cycle / 30.
2.4 Gift rules:
2.4.1 100% of the daily YUNT issued by the platform is for gift.
2.4.2 The user holds the number of YUNs greater than or equal to 1000 for 7 consecutive days to obtain the gift qualification. The calculation formula is as follows:
Users can get the number of YUNT = meet the conditions of the gift, the average 7 days of the user holds the total amount of YUN / the platform meets the conditions of the gift, the average 7 days of the user holds the total amount of YUN * the number of YUNT issued per day.
2.4.3 The platform will take a random snapshot of the number of YUNs held by the user every day. According to the snapshot data, YUNT will be given to the user's personal account on the next day according to the corresponding proportion.
3, YUNT repurchase rules
3.1 Repurchase quota: 100% of the daily fee income of the platform is used to repurchase YUNT the next day, and the YUNT of the repurchase is put into the repo pool for redistribution in the next cycle;
3.2 Repurchase method: The platform divides the handling fee for repurchase into 10 copies every day, and performs the repurchase of the automatic secondary market price every hour from 10:00 to 20:00 on the repurchase date.
3.3 Guaranteed repurchase: The platform fee income between July 31 and August 7th, 2019 is used to guarantee the repurchase of YUNT. The guaranteed repurchase price is 0.03KT, and the repurchased YUNT is put into the repo pool.
3.4 During platform system maintenance, the platform reserves the right to change the time of repurchase pending orders during system maintenance.
4, platform risk tips
4.1 YUNT does not raise funds from any public investors in any country in the world. Holding YUNT is only for eligibility to participate in the event. The platform reserves the right to modify the rules of the event.
4.2 We are committed to making every effort to ensure the security of your transactions and digital assets. Digital assets are innovative investment products, and price fluctuations are large. Please rationally judge your investment ability and make investment decisions prudently.
Remarks: The above description refers to the time using the Hong Kong time standard (UTC/GMT+ 08:00).
Thank you for your support of YunEx!
July 26, 2019