Dear Valued Users:
Jubi adheres to the concept of continuously promoting financial innovation and has decided on December 21, 2020, the new repurchase model-EIP (Ever-increasing price) continued to increase in price repurchase.
What is EIP price repurchase?
EIP prices continue to rise: the repurchase price of the previous month is the benchmark, and the monthly repurchase price is a net increase of 35% on the basis of the repurchase price of the previous month (that is, the EIP repurchase price of this month will be revised to the repurchase price of the previous month*135%) .
After N months, the repurchase pool repurchase price=0.1220*(1+35%)^N exponential premium model. The future EIP repurchase will use currency holding time and average daily currency holdings as two key indicators. Long-term holders of JT with long holding time and high average daily holdings will enjoy higher returns as the EIP repurchase price increases.
EIP repurchase price this month=0.2223 * (1+35%)≈0.3002 USDT（1 USDT ≈ 3.331JT）
Repurchase method and capital scale
Jubi will use a monthly 50% currency transaction fee for repurchase. In December, the currency transaction fee income was 406,938.3176 USDT. Among them, 50%, or 203,469.1588 USDT, is used as the February repurchase funds. Among them, 25% of the currency transaction fee is repurchased in the secondary market, which is 101,734.579 USDT. The 25% currency transaction fee, which is 101,734.579 USDT, will be repurchased off-site at the EIP price in the repurchase pool.
Among them, the repurchase pool will provide 20,000 USDT to provide the top 20 users of JFI holdings with a guaranteed EIP premium of 1,000 USDT (1USDT ≈ 3.331JT)!
How to participate the repurchase pool?
All users can participate, and the number of applications for repurchase of JT does not exceed the average daily JT holdings of users from Jan. 1 to the time of repurchase. Users participating in the repurchase pool, during the open application period, apply on the event page and lock the corresponding JT.
The schedule of this month’s repurchase pool is as follows:
Open for apply: 15:00-20:00 on February 20, 2021(UTC+8)
Payment time: 21:00-23:00 on February 20, 2021 (UTC+8)
From February 1st to 20th, the deposit contribution W(D), the invitation contribution W(I), the swift mining weight W(A), Jubi will comprehensively evaluate the data of the above three dimensions to calculate the user’s contribution.
Contribution degree W calculation method: contribution degree W=W(D)×W(I)×W(A);
The corresponding weight W(D) of the deposit contribution D (unit: computing power) from February 1st to 20th:
The weight W(I) corresponding to the invitation contribution I (unit: computing power) from February 1st to 20th:
Click to learn more about: Deposit mining activities
Swift-Mining weighted A: From February 1st to 20th users who participated in the swift mining activity received a contribution weighted multiple of 1.2.
The calculation method of the number of JT users finally repurchased by EIP: the proportion of individual applications to the total weighted applications after the weighted contribution W.
Repurchase gold obtained by the user: the final JT repurchase amount allocated by the user × the repurchase price EIP.
The right to interpret this activity belongs to Jubi.
Risk Warning: Digital currency is a high-risk investment method. Investors are advised to purchase with caution and pay attention to investment risks. Jubi does not assume responsibility for guarantees, compensation for any investment activities.
Thanks for your support!
19th February 2021
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