ExCraft will release token EXT for community rewards (70% of total EXT will be used for community rewards), among which 40% will be used for Proof of Existence (PoE) rewards. Users will receive their daily PoE rewards according to the ratio of their individual daily PoE out of total daily PoE from the whole network’s past 24 hours. This can be represented as:
- ExCraft takes BTC as the standard value unit when calculating PoE rewards for users (users’ daily transaction volumes will be calculated according to BTC equivalent value at the current exchange market price);
- This reward does not contradict the other two rewards. Users can receive all three rewards;
- Calculation for daily rewards will be carried out at 23:59:59 Hong Kong time. Reward transmissions may take a few hours;
- Please refer to whitepaper for detailed equation of daily rewards EXT.