Dear CITEX Users,
To help everyone know CTTD better, following supplementary instruction is made for Announcement of Permanent Dividends Right Transferring to CTTD Points and Launching CTTD Trading:
- What isthesource of permanent dividends right?
From the end of 2018 to the beginning of 2019, in SUPER POT and DAILY POT launched by CITEX, if users consume CTT and take part in game, users can obtain permanent dividends right. Now only the users taking part in SUPER POT and DAILY POT, they can hold permanent dividends right.
- What is interest of holding permanent dividends right?
The person holding one permanent dividends right and the person pledging 1 CTT share the same pledge dividends income. The interest of holding permanent dividends right is limited to dividends income, holding CTT means more interests, air drop, subscription with capital and other welfares and interests can also be enjoyed besides CTT pledge dividends income.
- Why is CTTD trading opened?
Permanent dividends right is only held by user taking part in SUPER POT and DAILY POT and is unable to be transferred freely. Due to demand of free transfer of permanent dividends right between users, platform converts permanent dividends right to CTTD points by 1:1 and grants to users, and CTTD trading is opened, so that permanent dividends right is able to be transferred between users freely.
- What are total quantity of CTTD and chip distributioncurrently?
Total quantity is about 26 million currently, they are held by users taking part in SUPER POT and DAILY POT.
5.Will CTT pledge dividends income be affected by opening CTTD trading?
No, according to dividends rules, dividends capital is distributed to users pledging CTT and users holding permanent dividends right (CTTD) every day, as total quantity of CTT pledged and permanent dividends right (CTTD) is not increased during CTTD trading process, so that of CTT pledge dividends income and dividends income of permanent dividends right (CTTD) will not be declined because of opening CTTD trading.
- WillmoreCTTD be released in the future?
More CTTD will be released in the future according to operation strategy, but the release of new CTTD must be on the condition that the same quantity of circulating CTT is destroyed in game and other application scenes.
- Does opening CTTD trading increase turn volume of CTT substantially?
Permanent dividends right exists since end of 2018, they are all held by users and users take part in dividends. Now they are converted to CTTD points (not token) and granted to users, and trading is opened, which just increase the transfer limit of permanent dividends right. Opening CTTD trading does not increase turn volume of CTT.
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September 12, 2019