Hi VEX Partners,
In order to increase VexGift users to tenfold or around 250.000 active users until Q2 2019 (for now VexGift users is around 23.000 users), Vexanium and VexGift present the latest loyalty program which is VEX Staking Program that will officially starts from Tuesday, 12th March 2019! The bonus will be distributed to 250,000 users every day in the Vexgift application. Make sure you do not miss the opportunity to increase the VEX amount you have now by participating in 2 programs through VexGift application.
Here are the details of 2 programs that you can participate in:
1. Deposit Staking
Deposit Staking is a VEX staking program that is quite similar like Deposit Program. On this deposit staking program, you store the VEX amount that you have in wallet provided by Vexanium. After you hold some amount of VEX in the wallet then you will get some amount of VEX bonus according to your ranking in this deposit staking program (ranking will be explained in the next explanation).
There are several things that differentiate Deposit Staking and Deposit Program such as:
1. Calculation of bonus that you will get – This program will use a calculation formula to get a fair amount according to user ranking.
2. Storage time – Bonus will be distributed within 1 day after the bonus calculation so the user can do withdraw or deposit fastly.
3. Wallet type for storing VEX – The type of wallet that user will use for staking deposit is a wallet in the VexGift application. This wallet is also different from the wallet that is used to get VP in a snapshot. So the VEX that is stored in a VexGift wallet will not be counted in VexGift snapshot.
Term and conditions:
A. The minimum amount of VEX to join this program is 100.000 VEX
B. There is no maximum amount of VEX to join this program because the more VEX you deposited compared to other users, your user ranking will also be lower
C. The calculation system is reverse ranking which means that the more VEX you staking compared to other users, the more your ranking will be below others. (This is the requirement of the formula calculation)
D. The lower the user ranking, the more bonuses they will earn
E. If there are 2 or more users who have the same VEX amount to join this program then the user who sends VEX first will have a lower ranking
F. VEX will be stored in wallet provided in VexGift application
G. Bonus calculation will be done every day at 11.59 PM
H. The bonus will be earned the next day at 12.00 GMT+7 and will be added in the VexGift wallet
I. The bonus you get will be divided into 90:10 (90% goes to a personal wallet that can be withdrawn or kept to join VEX staking campaign on the next day and 10% goes to the expense wallet that can only be used in the VexGift application
J. The VexGift wallet is not the same wallet that you use when participating in the snapshot
K. Withdrawal can be processed within 2×24 hour (1×24 hour to ensure there is no changes on the WD amount and another 1×24 hour for distributing)
L. Total bonus will be different every day, depending on the market price of VEX token.
M. For every withdrawal from personal wallet will be charged 100 VEX as withdrawal fee
Case example for bonus calculation
On Monday, Andy participates in Deposit Staking Program by sending –100.000 VEX to the wallet in VexGift application
On the same day, James also joins the Deposit Staking Program by sending 1.000.000 VEX to the wallet in VexGift application. On that day, there were 10 participants who participated in the program
Leaderboard:
1. Andy – 100.000 VEX
2. User 2 – 200.000 VEX
3. User 3 – 200.000 VEX
4. User 4 – 300.000 VEX
5. User 5 – 500.000 VEX
6. User 6 – 550.000 VEX
7. User 7 – 750.000 VEX
8. User 8 – 1.000.000 VEX
9. James – 1.000.000 VEX
10. Tony – 1.100.000 VEX
2. Referral Staking
Referral staking is another program on VEX Staking Campaign. So if you already joined the deposit staking program, you can join this program by inviting other people to join deposit staking. By doing this, you will get an additional VEX bonus. The more people you invite, the more VEX you get.
Term and conditions:
A. You must participate in Deposit Staking Program
B. Invite people to join the Deposit Staking Program
C. The more users you invite, the more VEX you get
D. If the user you invite also invite other users to join the Deposit Staking Program then the new user is also included in your referral
E. There is no maximum user limit that you can invite to join Staking Deposit
F. VEX will be stored in wallet provided in VexGift Application
G. The bonus calculation will be done every day at 11.59 PM
H. Bonuses will be earned the next day at 12.00 GMT+7 and will be added to VexGift wallet
I. The bonus you get will be divided into 90:10 (90% goes to personal wallet that can be withdrawn or kept to join VEX staking campaign on the next day and 10% goes to the expense wallet that can only be used in the VexGift application
J. VexGift wallet is not the same wallet that you use when participate on the snapshot
K. Withdrawal can be processed within 2×24 hour (1×24 hour to ensure there is no changes on the WD amount and another 1×24 hour for distributing)
L. Total bonus will be different every day, depending on the market price of VEX token.
M. For every withdrawal from personal wallet will be charged 100 VEX as withdrawal fee
Case Study For Bonus Calculation
On Monday, Andy invited James and User 2 to join the Deposit Staking Program
James made Staking Deposit of 1.000.000 VEX
User 2 made Staking Deposit of 200.000 VEX
On the same day, James also invited user 3 and user 4
User 3 made Staking Deposit of 200.000 VEX
User 4 made Staking Deposit of 300.000 VEX
On the same day, Tony invited user 5 and user 6
User 5 made Staking Deposit of 500.000 VEX
User 6 made Staking Deposit of 550.000 VEX
