Dear LBank users:
Due to the feedback of nodes in the community and to enrich the ecosystem construction method of LBK nodes, LBank will launch the LBK Nodes Contribution Competition on November 14th. Details below:
Launch Time: November 14th 16:00 – November 29th 16:00 (GMT+8)
Activity Introduction: According to the contribution to the LBank community, nodes can earn corresponding rewards. At present, only two positions are open for institutional nodes and community nodes. The first stage will last for 15 days.
Participants: Institutional nodes, community nodes.
Contribution Competition Rules:
During the contribution competition, institutional nodes can earn competition credits through introducing project listings on the LBank Exchange. Projects that go through the 「lockup listing」 and regular listing on the LBank Exchange can be calculated as a contribution credit of the related institutional nodes. The institutional node contribution competition is ranked according to the credit of each node. Depending on their ranking, the institutional nodes can earn the rewards as below:
No.1 Institutional Node – Direct IEO less than 5,000,000 USDT
No.2 Institutional Node - Direct IEO less than 3,000,000 USDT
No.3 Institutional Node - Direct IEO less than 1,000,000 USDT
*The rank of institutional node competition credit will be displayed on the LBK Node Ranking Page.
During the competition, the rankings of community nodes will be weighted according to the locking time of LBK and the proportion of the total locked LBK amount. The weights of community nodes= SUM( daily increased LBK locking amount * LBK lockup date). The earlier the lock is, the more LBK locked amount is, the higher the weighting and higher the ranking.
For example, on the first day, Community A locked 100 LBK. On the second day, Community A locked 200 LBK, the daily increased LBK locking amount is 200. The following days are as the same. On the fifteenth day, Community A locked 50 LBK, the daily increased LBK locking amount is 50. At same time, the deadline is at 16:00 on Nov.29th, and finally the weights of Community A is = （100*15）+（200*14）+.....+（50*1）.
🚩Tips: The LBK locked in the competition will be counted into the snapshot position, which calculates the release speed of the LBK token. The dynamic release speed of LBK will no longer be slowed by lockup.
No.1 will enjoy the discounted sales quota of the LBK Autumn Fatty Plan, which is equivalent to 100,000 USDT.
No.2 will enjoy the discounted sales quota of the LBK Autumn Fatty Plan, which is equivalent to 70,000 USDT.
No.3 will enjoy the discounted sales quota of the LBK Autumn Fatty Plan, which is equivalent to 50,000 USDT.
No.4-5 will enjoy the discounted sales quota of the LBK Autumn Fatty Plan, which is equivalent to 30,000 USDT.
*The rank of delegate node competition credit will be displayed on the LBK Node Ranking Page.
⚠️Attention: this activity’s final interpretation belongs to the LBank team.
If you have problems, please contact LBank official email: firstname.lastname@example.org, and we will provide sincere, friendly and immediate service for you. We also welcome you to join Lbank.info official English community to discuss the latest issu, (Telegram): https://t.me/LBankinfo.