This article was first published on Stories by TRON Foundation on Medium
We have completed the thirtieth day of the TRC20-based USDT 30 million incentive plan to early TRC20-based USDT users. Please check your account for the rewards accordingly. All addresses in the TRON MainNet with TRC20-based USDT are eligible to receive proportional reward, no additional procedures needed.
According to the plan, the snapshot took place on 9:00am of August 13th, 2019(PDT), and rewarded the users with (Amount of tokens held by users * 3% annualized rate). The block height marked 11825311 with a timestamp of 1565712066000.
At the time of the snapshot, the total amount of TRC20-based USDT was 112,402,006.575127. The total amount of TRC20-based USDT rewarded was 8,109.607569 and a total of 1843 accounts received the reward. According to the USDT price on Bitfinex on August 13(PDT), the total value of the reward was equivalent to $8064.54248.
As of August 13, the total amount of TRC20-based USDT rewarded in 30 days was 768,820.995192 USDT and a total of 49511 accounts received the reward. According to the USDT price on Bitfinex, the total value of the reward in 30 days was equivalent to $771,270.48380.
The next snapshot for the APR of 3% reward will take place on the 14th of August at 9:00am(PDT) and it will be sent within the next 24 hours. The following incentive plan is as follows:
This TRC20-based USDT reward campaign features:
Longer duration: the entire incentive plan will last for 31 days;
Higher reward: APR 100% as maximum reward;
Free of charge: zero cost for users to receive rewards;
Larger Reward Pool: calculating based on the current circulation of TRC20-based USDT, the overall reward spending could be as high as 200 million RMB, without hardcap.
We will decide if there will be an extension of the plan or a new plan instead based on community feedback.
To keep reading, please go to the original article at:
Stories by TRON Foundation on Medium