Dear CITEX users,
To promote the steady and rapid development of CITEX platform, after community voting (voting result of use of service charge: support rate of "CTT buy-back and destroy" is 86%, support rate of "pledge dividends" is 12% and support rate of "others" is 2%) and opinion collection in many ways, CITEX platform has made following adjustment for part of activities:
To optimize economic model of platform token CTT, from 0 o'clock on July 26, 2019 (Hong Kong time), among trading service charge generated by token-token trading, 10% are used for daily CTT pledge dividends (including ordinary pledge and right of permanent dividends), 20% are used for operation expenditure of trading exchange and remaining 70% are used for CTT pay-back and destroy, so as to accelerate CTT deflation. In addition, among trading service charge generated by “one-click mining”, 65% are still used for daily pledge dividends (including ordinary pledge and right of permanent dividends), so as to guarantee the interest of pledge users and users holding right of permanent dividends.
To control growth rate of CTT turn volume, during August 1 to August 7, 2019, daily limit of whole platform of “one-click mining” will be adjusted to 40,000 CTT; during August 8 to August 14, limit will be adjusted to 30,000 CTT; during August 15 to August 21, limit will be adjusted to 20,000 CTT; from August 22, 2019, limit will be a fixed 10,000 CTT.
Trading service charge will be returned to users holding CTT by CTT buy-back/destroy method, from 0 o'clock on July 26, 2019 (Hong Kong time), "CTT position and enjoying discount of trading service charge" will be officially cancelled.
Thank you for your support and understanding all the time.
July 25, 2019
Chinese Telegram Group: https://t.me/citex_cn
English Telegram Group: https://t.me/citex_en