Details of ELA Token Locking Interest Return (within three years only)

in #elastos7 years ago (edited)

By: Elastos Community

The interest return period for token locking starts on February 1st, 2018 and ends on February 1st, 2021. Each year, the date of interest settlement is on February 1st when the interest will be transferred back to the investors, thus no compound interest will be counted. The locked bonus tokens (1BTC: 500 ELA) of Angel Investors and Private Investors will not be counted in this interest return period during their original locking period (from February 1st, 2018 to August 1st, 2018).
The interest return rate is 4% for the first year, 5% for the second year, and 6% for the third year. During the token locking period, if an investor intends to unlock his or her tokens, the interest of that year will be cancelled and he or she cannot join that year's token locking again. The associated management fee regulations and service procedures will be made and release by Elastos digital assets management department based on a wide range of opinions from the Elastos community.

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