ABCT is the profit of the IOSTABC team based on the voting income of the IOST. The equity token issued on the IOST network, as long as the users who vote for the IOSTABC producer, in addition to enjoying the high return of IOSTABC as the tier 1 node, we will also The number of votes you have, the ABCT will be distributed on a regular basis every day. Participation in voting is equivalent to participating in ABCT mining. The ABCT you hold can be exchanged to IOST at any time.
500K LOL AIRDROP TO ABCT HOLDERS
In order to thank the majority of voting users for their support of IOSTABC and their holdings of ABCT, IOSTABC will be divided into five phases, and will continue to purchase 500,000 EMOGI(LOL) coins, and together with the official continuous airdrop EMOGI(LOL), will be airdropped to all ABCT holders.
Number of airdrops per issue= Your ABCT Amount / ABCT total circulation * Total airdrops in the current period
Airdrop date: The first phase of the airdrop will be conducted on August 25, 2019. The total amount of airdrops will be 100,000 LOL emoticons. We will take an ABCT snapshot on August 24 and distribute it according to the balance snapshot. At that time, you can download PureWallet manage your own LOL assets.
Follow-up: The specific date of subsequent airdrops will be subject to the announcement, and we will continue to bring benefits to ABCT holders.
LOL: LOL will be launched on August 15, 2019 through the Huobi Prime exchange, and the two-round limit price for the limit period is: $0.000952, $0.001905
BISS Voting: Users who voted on BISS will not be able to enjoy the airdrop because they are temporarily unable to distribute ABCT.
Number of votes and ABCT table
Vote to get ABCT
| My Votes | My ABCT / Day | Voting income / Day | Extra income / Day | IOSTABC total votes (temperory) | Redemption funds / Day | ABCT Issue / Day | Exchange price |
| 100,0000 | 26181 | 88.64 | 181.8125 IOST | 33 M | 6000 IOST | 864000 | 0.006944 IOST / ABCT |
Issue rule
Total 2 Billion ABCT
Quantitative 1,576,800,000.00
Activity giving 423,200,000.00
At this stage, ABCT will be issued as a free gift, with a total amount of 2 billion. It will be unlocked in a day-to-day cycle, with a maximum unlock of 864,000 per day.
1. The users who voted for the IOSTABC node will participate in the 864,000 ABCTs per day and will be automatically distributed according to the proportion of votes in the total IOSTABC pool.
2. In addition, some activities will be given to some ABCTs from time to time. The specific number depends on the situation.
Exchange rule
1. You can exchange ABCT to IOST at any time. We will deposit 50% of the IOSTABC producer rewards income to the Redemption funds pool every day. The more the balance of the redemption pool, the higher the exchange price.
2. The IOST of the redemption is immediately available.
3. The ABCT redeemed will be immediately destroyed.
