FAS launch IDAX

Official announcement by IDAX:

Event time: 23rd May 14:00:00 – 8th June 23:59:59 (UTC+8)

Event reward: 200,000 FAS

Event rules:

1 The First Event: First Buy Transaction

During the event, the first 100 real-name users who completed the first FAS buy transaction with a transaction volume of at least 100 FAS will receive a reward of 25 FAS per person.

2 The Second Event: Trade Competition

During the event, the top 100 real-name users who reach the basic FAS's trading volume (buy- sell, excluding self-transaction) can get the following rewards:

Rank	Rewards (FAS)	Basic Trading Volume (FAS)
TOP 1	12,000	60,000
TOP 2	8,000	40,000
TOP 3	6,000	30,000
TOP 4~10	4,500	22,500
TOP 11~20	2,500	12,500
TOP 21~50	1,750	8,750
TOP 51~100	1,250	6,250

3 The above rewards can be duplicated.

4 The traders’ FAS trading volume needs to reach the basic trading volume in order to get the full reward of the activity.

5 The awards will be awarded to the winners within 10 working days after completion of the event.

6 The platform will conduct a rigorous qualification review of the account. Once the account is found to be maliciously earning rewards, it will immediately cancel its eligibility and refuse to provide other transaction related services to the account.

7 The final interpretation of this event is owned by IDAX.

 

About FAS

FAS CHAIN is a blockchain that composed of redundant blockchain and combines speed-based efficient agreement algorithm, high frequency transaction and security related technology based on ultra-high speed network operation and decentralization technology.