Dear Bitrue users,
Starting today, all users holding VET (VeChainThor) on the Bitrue platform can claim VTHO generated by the VET on a monthly basis.
Calculation of VTHO quota:
Amount of VTHO that can be claimed by a user = Total VTHO gained on Bitrue * Ratio of VET held by the user
Ratio of VET held by the user = Amount of VET held by the user / Total amount of VET held on Bitrue
VTHO settlement and issuance:
VTHO is settled on a daily basis and issued on a monthly basis – the VTHO quota for the previous month is issued before 24:00 (UTC+8) on the 15th of each month.
· The greater the amount of VET held by a user and the longer it is held, the more VTHO the user can claim.
· A user with a daily average balance of less than 1 VET is not eligible to receive VTHO.
March 12, 2019