Dear LBank users:
In order to enrich the LBK ecology and provide listing opportunities for more great projects, LBank has introduced the LBK Voting Listing model. The winner can list on the LBank Exchange for free.
The third LBK Voting Listing will start at 18:00 on January 7th, 2020, with rules below:
Voting Time: January 7th 18:00, 2020 - January 22nd 18:00, 2020
Voting Currency: LBK
Voting Method: Users can vote via LBK for any projects they want to see listed on LBank, and there is no limit to the number of votes for an individual user.
Daily Voting Time: One day is counted from 18:00 of the previous day to 18:00 of the current day.
Evaluation Criteria: The top ranked project at the end of voting will be regarded as the project which was selected by the LBK community and can be listed on the LBank Exchange for free.
Voting Reward: Voting will eventually result in one project with the most votes. The winning project will airdrop a certain number of token rewards to the voters who voted for their project. The token reward amount will be announced prior to voting.
Voting LBK Condition: LBK used for voting is frozen during the activity and will be returned within one working days after the conclusion of voting.
* Tips: LBK locked in the voting will be counted by the snapshot position, which calculates the release speed of the LBK token. The dynamic release speed of LBK will no longer be slowed by voting lockup.
Airdrop Reward Method: Weighted average. The airdrop token reward will be distributed to the voters of the winning token according to the users’ voting time and the proportion of the votes to the total votes of the winner. The division of the voting reward will be calculated by the following formula: total airdrop rewards user obtains through voting = total token rewards amount of airdrop * (LBK voting number * LBK lockup date) / (daily total increased voting number * LBK lockup date). The earlier the vote is, the higher the weighting and higher the reward.
Example: Total token reward of project A * (100*15) + (200*14) +……+ (50*1))｝/｛(10000*15) + (10000*14) +……+(10000*1)｝
The details of projects participating in this cycle of the “LBK Voting Listing” program are as following:
1. If there is cheating or illegal activities, we will cancel the relevant voters reward directly.
2. LBank as a platform will support an airdrop reward to the users who participated in the LBK Voting Listing. The projects who participate in the voting should contact LBank before the voting to confirm the airdrop rewards for the voting users.
Click “LBK Voting Listing” to participate in voting
If you have problems, please contact LBank official email: email@example.com, and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBankinfo.