CET Holders- Long-Term Plan For Allocation Of Dividends
Attention Users Of CoinEx,
During the time period of our “Trade-Driven Mining”, our company plans to give back 80-percent of the revenue we receive from the transaction fees back to our CET holders in the form of dividends. Once the mining period is officially finished, the full amount of 50-percent of the free allocation of the CET supply is going to be distributed out. In order to guarantee that the development of CET stays sustainable for our holders, we have decided to opt for a long-term plan of dividend allocations. This means that our CET holders will begin receiving their dividends each time after the end of a “Trade-Driven Mining” period is over. Eighty-percent of our revenue will go back to our holders and the rest of the 20-percent is going to be used for the purpose of continuously developing CoinEx and paying for day-to-day operations.
These Are The Following Arrangements:
1. Ratio Allocation- At least 80-percent of total revenue from CoinEx will be given back to the CET holders each period as dividends.
2. Frequency- The dividends will be given out to CET holders each month.
3. Allocation- 80-percent of total revenue will be used for the repurchasing of CET from a secondary market. The purchase will then be allocated to each qualified CET holder in a proportionate amount. For those that have CET holdings with CoinEx, your dividend allocations are going to be put directly into your current account. If you do not have a CoinEx account, your dividends will be sent to your specific wallet address. Additionally, the 50-percent from CoinEx’s team will also be available for the allocation of dividends as well.
The next step will be the cancelling of current policies in order to repurchase. The repurchase will be used to burn CET using the revenue of the 20-percent monthly transaction fees.
Note: This allocation plan goes into affect each month once the mining period officially ends. Please pay attention to further announcements on the subject.