Greetings, dear FUNCoin holders!
We are happy to announce, that we have just made the next dividends distribution, among all FUNC tokens holders.
Accordingly to FUNC Dividends Distribution Policy*, we performed the following transactions:
- Accumulated market fees were claimed from FUNC fee pool in amount of 131.2595 FUNC to fun-coin account — and sent to funcoin-dividends account as Market Fees Revenue
- Accumulated vesting balance was withdrawn in amount of 180.45049 BTS to fun-coin account
- 180.45049 BTS were sold for 125.8512 FUNC on fun-coin account — and sent to funcoin-dividends account as Referral Revenue Buyback
- 10,000 FUNC of bonus dividends were sent to funcoin-dividends account as Special Autumn Promotion for FUNC token holders
10 257.1107 FUNC were distributed proportionally among 250 eligible FUNC holders
One exciting gambling and sports betting platform, has signed initial agreement to include FUNCs as a payment system for its users. The launch date is under negotiation - but it definitely will be the September 2017. Moreover, we plan to promote our cooperation and bonus early birds with some free FUNCs to spend on the platform. If you want to be the part - send the message “I play - FUNCs pay” with your BitShares account name to our e-mail, and you will receive 100 FUNCs on your future betting account!
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*FUNC Dividends Distribution Policy
FUNC is paying monthly dividends to ALL FUNC token holders (you have to own at least 0.0199 FUNC to be eligible, the amount may change without previous notification)
Only BitShares DEX accounts participate in the dividends distribution
The distribution takes place every 5th day of month
The account, that performs distribution is funcoin-dividends
The funds for distribution are accumulated on fun-coin and then sent to funcoin-dividends
Distribution funds consist of Market Fees Revenue and Referral Revenue Buyback
Market Fees Revenue (FUNC) — the revenue, claimed from the FUNC Asset fees pool. Current Market Fee is set to 2%
Referral Revenue Buyback (BTS) — the revenue, withdrawn from the fun-coin vesting balance, and spent on FUNCs buyback.
Bonus Dividends may apply for distribution, under additional promotions announcements.