Dear Nexybit Users,
This is Nexybit, the Revenue Sharing Cryptocurrency Exchange.
The purpose of the NXY tokenomics model is to incentivise user adoption and provide abundant liquidity to the exchange.
In order to achieve this goal, NXY has implemented three major concepts; Proof-of-Trade, Proof-of-Stake, and Proof-of-Super Staking.
In order to improve the sustainability of the NXY tokenomics model, we have decided to adjust the reward ratios as below.
Policy Update Snapshot Period : 2018.11.13 15:00 ~ 2018.11.30 14:59 (UTC)
* Snapshot Policy : Hourly snapshots of balances from 16:00 (UTC) to 15:00 (UTC)
* Note : Daily shared 60% of exchange fees also apply to the users who hold NXY at other exchanges.
First Super Holder Airdrop : 2018.11.14
See here for further information about the updated PoSS concept.
* Please be advised that all NXY policies are subject to change.
Your Partner, Nexybit