📼Epochs
Time windows of distribution periods
70%
of the total token supply (70,000,000 $BIT
) will be distributed to Bitonite users over three epochs based on a multiplier formula that rewards a combination of copy-trading customers and sales partners.
The largest proportion will be received by participants in the first epoch, with 17%
of the token supply (17,000,000 esBIT
) being distributed to early users in the form of a snapshot.
Epochs | Start Date | End Date | Distribution |
---|---|---|---|
1 | - | 18.10.2023 | 17%** |
2 | 18.10.2023 | 25.12.2023 | - |
3 | 25.12.2023 | 01.01.2030 | - |
"The remaining amount of esBIT from Epoch 1 & 2 will be automatically transferred to Epoch 3 and distributed over several years. "
Period distribution metrics
Epoch 1: (before launch)
In total, 17% of the total token supplies will be distributed fairly, taking into account a special formula for early copy trading users and partners.
Epoch 2: (during launch)
Each CopyTrading customer receives a daily payout in esBIT of 1/60 of the originally invested amount.
There will be a four-fold payout of the amount that affiliates received as commission.
Example:
Customer
User A has invested 10,000$ in Copytrading
After 24 hours, User A receives 166$ in esBIT (1/60)
After 60 days, User A has received 10,000$ in esBIT Affiliate
Affiliate
User A was invited and invested 10,000$ in copytrading
Affiliate receives his entry fee commission credited of 125$
At the same time, Affiliate receives 500$ in esBIT
If copytrading profits are made, the affiliate receives 4 times his commission in esBIT
Epoch 3: (after launch)
Every CopyTrading customer receives a daily payout equal to 1/365 of the originally invested amount.
There is a double payout of the amount received by affiliates as commission.
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