Dear CITEX users,
CITEX launched the first phase of MTV POS Staking. The operation is simple and convenient, the income is considerable, the funds are safe, and the expected annualized rate of return is 83%-103%.
The MTV Staking participation rules are as follows:
（1）Launch area:
CITEX official website “Staking - POS Staking”
（2）Activity time:
Staking registration time: 2019-08-20-18:00 to 2019-08-23-18:00 (Hong Kong time)
Staking expiration time: 2019-10-23-18:00 (Hong Kong time)
Pledge period: The first pledge period is 61 days. The dynamic income and static income will be cut off before the launch of the MTV main network (Expected in October). After the launch of the main network, the CITEX- Staking will be switched with the MTV main network mining rights as the case may be.
（3）Pledged quantity:
At least 300 MTV
（4）The expected annualized rate of return:
The expected annualized rate of return (expected dynamic annualized rate of return + static annualized rate of return) is up to: 103.16%.
Expected dynamic annualized rate of return：63.16%.
Static annualized rate of return：guaranteed 20% bonus, and a further 20% bonus will be gained for users holding at least 200CTT.
（5）Description of dynamic and static income:
Dynamic income: Real-time calibration MTV test network mining income. Annualized income calculation formula:345600*365 / total staking amount (345600 is the daily output of MTV network). Mining rate of return and ranking address: https://e.mtv.ac/#/network.
Static income: Before the MTV launched main network, the CITEX user whom staked before launching will gain an additional bonus.
The system takes snapshot of the balance of CTT in the user's crypto -crypto account eveyday. (including staked quantity + redemption quantity + available quantity + frozen quantity). According to the snapshot, there are two cases: 1. the snapshot which holds 200 or more CTT, 40% of annual bonus will be gained 2. if the snapshot of the day is less than 200 CTT, 20% of the annual bonus will be gained.
CITEX Team
Aug 20, 2019
English Telegram: https://t.me/citex_EN
Indonesian Telegram: https://t.me/NewCITEXIndonesia
Vietnamese Telegram: https://t.me/CITEX_VN_New
Japanese Telegram: https://t.me/CITEX_JP