July VTHO Distribution for VET Holders Completed
08/19/2022, 14:06:06
Dear KuCoin Users,
KuCoin has distributed all VTHO for VET holders for the month of July 2022. Users can check their accounts by going to Assets >My Bonus and check the Other Rewards.
KuCoin VTHO Distribution Rules:
KuCoin will calculate the daily VTHO generated by the users from August 17, 2018, and distribute VTHO on a monthly basis.
Rules:
Daily VTHO generated by each user = Daily total VTHO generated by KuCoin * User VTHO holdings ratio.
User VTHO holdings ratio = User VET holdings, based on snapshots taken at 00:00 (UTC+8) daily / Total VET held on KuCoin.
Note:
VET balances under 1 VET (including those in open orders) will not be included into the daily VTHO calculations.
VTHO generation is calculated daily but distributed monthly.
KuCoin will begin calculating VTHO from 17/8/2018.
Thanks for your support!
The KuCoin Team
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