KuCoin Will Support The MultiVAC (MTV) Lockup and Cash Back Program
08/26/2019, 18:50:28
Dear KuCoin Users,
KuCoin will support the MultiVAC (MTV) lockup and cash back program. This program will start at 15:00:00 on August 19, 2019 (UTC+8).
Rules of the Lockup and Cash Back:
- How to lockup: For users who hold MTV and expect to gain profit, please withdraw MTV to LOCKMTV via the withdrawal page. (Visit the MTV withdrawal page, fill in the MTV address LOCKMTV in the wallet address bar).
- Lockup period: Users can lock MTV from 15:00:00 on August 19, 2019 to 23:59:59 on August 31, 2019(UTC+8). The lockup period will last 70 days.The MTV sent to the lockup address cannot be unlocked in advance.
- Lockup limit: The minimum amount for single lockup is 200 MTV.
- Rate of return:The highest annualized rate of return is up to 80%, with a minimum of 52%. The earlier you lock MTV, the higher the rate of return you will get; the lockup revenue will be distributed along with the principal on day of unlocking.
| Lockup Date (UTC+8) | Unlock Date (UTC+8) | Lockup Period | Estimated Annualized Rate of Return |
| 2019-8-19 | 2019-10-28 | 70 | 80.00% |
| 2019-8-20 | 2019-10-29 | 70 | 75.00% |
| 2019-8-21 | 2019-10-30 | 70 | 70.00% |
| 2019-8-22 | 2019-10-31 | 70 | 65.00% |
| 2019-8-23 | 2019-11-1 | 70 | 60.00% |
| 2019-8-24 | 2019-11-2 | 70 | 59.00% |
| 2019-8-25 | 2019-11-3 | 70 | 58.00% |
| 2019-8-26 | 2019-11-4 | 70 | 57.00% |
| 2019-8-27 | 2019-11-5 | 70 | 56.00% |
| 2019-8-28 | 2019-11-6 | 70 | 55.00% |
| 2019-8-29 | 2019-11-7 | 70 | 54.00% |
| 2019-8-30 | 2019-11-8 | 70 | 53.00% |
| 2019-8-31 | 2019-11-9 | 70 | 52.00% |
Risk-taking: This activity is only supported by KuCoin and the return is provided by the MultiVAC (MTV). It does not mean that the platform provides any form of guarantee or guarantee for the user to obtain the estimated income. The actual income obtained by the user is inconsistent with the estimated return, and the participating users voluntarily assume such risk. The final interpretation of this event belongs to the platform.
The KuCoin Team
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