Announcement
Spring Gift Package, 20,000,000 SHA Distributing

Dear Bitruer,

SHA is listed on Bitrue exchange, with deposit/withdraw available. Actually we provide SHA/BTC and SHA/XRP trading pair.

Withdrawal fee of SHA is 200 SHA, and the minimum amount is 400 SHA.

To celebrate SHA listing on Bitrue, we will launch the event “Spring Gift Package, 20,000,000 SHA Distributing” together with SHA team. The event has 2 parts :

Part I. Hold SHA to Win a Sharing of 2,300,000 SHA

1. Rules:

Bitrue will take a snapshot on your assets during 0:30~0:35 SGT, March 23, and distribute the rewards according to the snapshot at 14:00 SGT, March 25.

2. Formula:

SHA received by the User = The Total SHA to be distributed* Proportion of SHA held by that user

SHA Proportion = Amount of SHA held by User at the time of snapshot / Total SHA held by Bitrue at the time of snapshot

3. Notice:

* Any SHA balances under 1,000 (including those in trade orders) will not be calculated for the airdrop.

* Any rewards under 1 SHA will not be distributed.

* Any SHA tokens that are pending deposit or withdrawal at the time the snapshot will not count towards your SHA balance. Please ensure you leave enough time for your deposits and withdrawals to complete prior to the snapshot.

Part II. SHA Monthly Distribution, Hold XRP to Get Premium Rate

1. Rules:

From March 26, Bitrue will take a snapshot on your assets during 0:30~0:35 SGT every day. And we will do the settlement on 25th of each month. We will distribute the reward within 2 working days after the settlement according to the snapshot.

XRP holders could enjoy premium SHA airdrop rate during event period.

2. Schedule:

March 26, 2019 - April 25, 2019, 4,000,000 SHA in total

April 26, 2019 - May 25, 2019, 6,000,000 SHA in total

May 26, 2019 - June 25, 2019, 8,000,000 SHA in total

Distribution: Within 2 working days after the settlement.

3. Formula:

SHA received by the User = The Total SHA to be distributed* Proportion of SHA held by that user

SHA Proportion = Daily average amount of SHA held by User * XRP premium rate/ Total SHA held by Bitrue at the time of snapshot

Daily average amount of SHA held by User = 30 day’s sum of SHA daily snapshot/30 (those in orders included)

XRP premium rate:

Amount of XRP held (daily average) 1,000 – 10,000 XRP: 110%

Amount of XRP held (daily average) 10,001 – 50,000 XRP: 120%

Amount of XRP held (daily average) more than 50,000 XRP: 130%

Daily average amount of XRP held by User = 30 day’s sum of XRP daily snapshot/30 (those in orders and investment are included)

4. Notice:

* Any rewards under 1 SHA will not be distributed.

* Any SHA tokens that are pending deposit or withdrawal at the time the snapshot will not count towards your SHA balance. Please ensure you leave enough time for your deposits and withdrawals to complete prior to the snapshot.

* Bitrue reserves the interpretation right of the event.