Points commission system
In order to better promote ArmourTraders, ArmourTraders has designed and developed a point commission system, and subsequent governance Tokens will be minted according to this system after issuance.
Function of points
Reduce the guarantee fee generated by my use of ArmourTraders.As an ArmourTraders user, ArmourTraders platform points can help you get a certain reduction in transaction fees.
Invite new users to trade with ArmourTraders for more commission.Every ArmourTraders trading user you invite will bring you a cashback reward. The higher the points level, the more rewards.
Points Airdrop Tokens.The ArmourTraders platform will also introduce corresponding incentive policies in the future to reward loyal users in the form of airdrop tokens. For specific activity plans, please pay attention to the follow-up update plan.
How to get Points?
Check-in get points.
You can get bonus points by checking in every day. The specific reward scheme is as follows:
1st day of check-in, 10 points will be awarded
2nd day of check-in, 12 points will be awarded
3rd day of check-in, 14 points will be awarded
4th day of check-in, 16 points will be awarded
5th day of check-in,18 points will be awarded
6th day of check-in, 20 points will be awarded
7th day of check-in, 22 points will be awarded
Complete the secured transaction or invite new users to complete the secured transaction.
After ArmourTraders users complete the transaction, participants and inviters who participate in the transaction will receive 500 points for every 1U they pay.For example,after paid 2U to Armourtraders,the transaction related participants earn points as follows:
PartyA (spending token party): get 1000 points
PartyB (income token party): get 1000 points
PartyC (PartyA’s inviter): get 1000 points
ParytD (PartyB’s inviter): get 1000 points
Event distribution
Please pay attention to the platform’s regular event announcements, and prepare generous gifts for active users.
Points Levels and Commission
ArmourTraders platform points are set to LV1~LV7 level, the higher the point level, the higher the commission .The specific return rules are as follows:
When the secured transaction is completed, we believe that the transaction costs are shared by both parties, and commission will be issued to transaction participants according to the reward ratio corresponding to the point level. For example, pay ArmourTraders 1U to get the following commission :
PartyA (spending token party) level is lv1: get 0.5*0.05 = 0.025U commission quota
PartyB (income token party) level is lv2: get 0.5*0.1 = 0.05U commission quota
PartyC (PartyA’s inviter) level is lv4: get 0.5*0.2 = 0.1U commission quota
PartyD (PartyB’s inviter) is a partner of ArmourTraders: get 0.5*0.4 = 0.2U commission quota
After the ArmourTraders governance token is issued, the governance token will be minted in equal value according to the above rules
Withdrawal of commission quota
After accumulates a certain quota of commission , user can apply to ArmourTraders to withdraw commission to their personal wallet. After the application is approved, users can withdraw the corresponding amount of commission from ArmourTraders’ CoinStorage contract.
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