CoinEgg Will Support the BTT Airdrop Program for TRX Holders

in airdrop •  6 years ago 

Announcement New.jpg

Dear Supporters:

CoinEgg will support the BitTorrent (BTT) airdrop program for TRON (TRX) holders. The initial airdrop is expected to be conducted on Feb 11, 2019. We will take a snapshot of all TRX balances on CoinEgg at block height 6,600,000 on the TRON blockchain and distribute BTT to TRX holders at a ratio of 1 TRX : 0.11 BTT.

Monthly BTT Airdrop Program

From 2019 to 2025, BTT airdrop will be distributed month by month. We will take a snapshot of TRX balances at 0:00 (UTC) on the 11th day of each month and distribute BTT according to the rule:

BTT received by User A = (Amount of TRX held by User A at the time of snapshot) / (Total TRX held by CoinEgg at the time of snapshot) * (Total BTT received by CoinEgg based on total TRX holdings for the respective monthly airdrop)

BitTorrent (BTT) airdrop timeline:

On Feb 11, 2019, the total airdrop amount is 10,890,000,000.
2019/03/11-2020/02/11, amount of BTT airdropped on the 11th of each month: 990,000,000
2020/03/11-2021/02/11, amount of BTT airdropped on the 11th of each month: 1,072,500,000
2021/03/11-2022/02/11, amount of BTT airdropped on the 11th of each month: 1,155,000,000
2022/03/11-2023/02/11, amount of BTT airdropped on the 11th of each month: 1,237,500,000
2023/03/11-2024/02/11, amount of BTT airdropped on the 11th of each month: 1,320,000,000
2024/03/11-2025/02/11, amount of BTT airdropped on the 11th of each month: 1,402,500,000

The initial airdrop is expected to be available on Feb 12 in "Finance".

CoinEgg supports this airdrop in principle. Due to the uncertainty of the project, please pay attention to the follow-up announcements for specific airdrop plans.

Official Announcement of BTT: https://medium.com/bittorrent/bittorrent-foundation-unveils-more-details-regarding-bittorrent-btt-airdrops-for-tron-trx-8bbd194f8a87

Risk Warning:
Digital assets are innovative investment product, and the price is volatile and unpredictable. Please make rational decisions when investing.

Enjoy your trading on CoinEgg!

COINEGG
Jan 22, 2019

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