LBank to Launch 「Mina Protocol（MINA）」LBK SPECIAL SALE
Dear LBank users：
LBank will launch the “Mina Protocol（MINA）” special sale on April 13. The total amount of this sale is MINA equivalent to 50,000 USDT, the “LBK Special” enjoys an equivalent of 20,000 USDT and the “USDT Special” enjoys an equivalent of 30,000 USDT. The “LBK Special”participation rules are as follows :
Purchase time：22:00 on Apr 13 -08:00 on Apr 15, 2021 (UTC+8)
Purchase Supply：20,000 USDT equivalent MINA
Purchase Currency：LBK
Subscription price: 0.25 USDT
Subscription model: weighted average
Participation conditions:
1) Real name KYC is required to participate
2) Apr 1-Apr 13 LBK daily average holding snapshots need to be ≥5,000 LBK
Purchase price ratio: 1 MINA=19.23 LBK (The conversion ratio is calculated as 1 LBK=0.013 USDT. Since the price of LBK is not stable, the price of LBK will be calculated based on the market transaction price of LBK to USDT within 4 hours before accepting user subscription. The calculation rule is: the first one before accepting user subscription The hour is the origin, backtracking to the average price within 3 hours before the LBK-USDT transaction on LBank.)
Purchase limit per person: There is no upper limit for each user
Snapshot method: random snapshot
Token release rule: 24 months linear issuance (will be unlocked on May 31, 2021, and will be issued every month thereafter)
Purchase result announcement:
LBank will announce the subscription result within 2 hours after the subscription ends. LBK used for subscription will be deducted. The actual subscription limit will be calculated within 2 hours, and the following processing will be completed:
1 Deduct the LBK that has actually been successfully subscribed;
2 LBK refunded after deducting the subscription fee;
3 Complete the distribution of the subscription currency.
Getting Whitelisted
- Whitelist open: March 31th
- Whitelist close: April 9th
- Whitelist result announce: April 10th on LBank Twitter
To apply $Mina Whitelist, please complete following:
1️⃣Like, Retweet, tag 2 friends and add hashtag #LBankTokensale #LBank #Mina- LBank Pinned Twiiter
2️⃣Follow @LBank_Exchange on Twittter
3️⃣Join LBank Telegram Community
4️⃣Join LBank Telegram News Channel
5️⃣Fill out this whitelist form
All entries in the form will be checked for valid email accounts, Telegram handles, LBank accounts, and Twitter accounts. Any Bot entries, if found, will be removed prior to a randomized draw of qualified users who will then be whitelisted for the Mina Sale. Entries that have not completed all of the above steps will be disqualified.
There will be a total number of 100 winners of the lottery, each winner is eligible to purchase $100 worth of Mina tokens. Whitelist winners will be contacted via email by an official.
LBank will reach out to all winners by email via the address marketing@lbank.info and all whitelist winners will need to pass the LBank KYC process and hold 5,000 LBK in order to be able to get the whitelist.
About MINA
Mina is building a privacy-preserving gateway between the real world and crypto — and the infrastructure for the secure, democratic future we all deserve.
Token distribution
1、Total supply
The initial circulation is 1 billion, and it is inflated at a certain percentage every year.
2、Initial allocation
At the time of issuance, up to 1 billion MINA tokens will be distributed (excluding future block rewards), which will be fully unlocked within 8 years.
The initial inflation rate was 12%, and the subsequent decrease year by year, eventually reaching 7% .
Financing
Calculation
Actual account subscription limit = (account valid subscription limit)/(total subscription total on the day) * (total Token sales limit on the day)
Noted
Users need to complete identity verification (KYC) and not be in the following countries or regions to participate in the sale of this project.
List of countries or regions restricted to participate: Belarus, Republic of Congo, Iran, Mainland China, Iraq, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands) ), Zimbabwe.
Click here to download for iOS or Android
LBank community
Weibo： https://www.weibo.com/LBank01
Telegram： https://t.me/LBank_cn
Twitter: https://twitter.com/LBank_Exchange
Facebook: https://www.facebook.com/LBank.info
Official: https://www.lbank.me/
LinkedIn: https://www.linkedin.com/company/lbank
