After a few days of verification, the Season 1 CPChain Pre-mainnet Reward Program has come across the final legitimate amount. The total number of valid cpcs in Season 1 is settled at 91,964,093.1 cpc. Participants can directly cauculate their own bonus amount by the following formula:
Applicant’s Final Reward = Claimed lock-up cpc / 91,964,093.1 cpc * 616438 cpc
The reward will be delivered to participants in the next week by batches, please check with your wallet address frequently in the next few weeks. If there is any question related to your reward, feel free to contact our community administrators or write email to [email protected]
Following are the Top 3 lock-up numbers in Season 1:
No. 1: 15,000,000 cpc
No.2: 5,000,000 cpc
No.3: 5,000,000 cpc
Thanks again for being involved in the lock-up session and the application session for Season 2 starts today. The rules will be the same as S1 pre-mainnet reward program. The total agenda will be as below:
01/07/2019 0:00 EST — 01/22/2019 0:00 EST
01/22/2019 0:00 EST — 3/08/2019 0:00 EST
In order to be considered legitimate for the program, an applicant should finish 3 key steps for application:
1. Prepare a Myetherwallet address holding at least 20,000 CPC for the lock-up session.
2. Sign the provided wallet address to prove the ownership. The standardformat is:
“I would like to lock up XXX CPC for CPChain Pre-mainnet Reward Program.”
For instructions on how to sign your wallet address, please refer here.
3. Fill out the “Online Application Form” to provide wallet address, screenshot of both locked-up CPC amount and wallet-signing verification code.
In addition, applicants need to adhere to the following rules:
1. A wallet address can take part in the event once. Only MEW address will be considered legitimate.
2. During the 45-day Lock-up period, the amount in the Lock-up wallet MUST ALWAYS be equal to or above the amount that the applicant claims in the online application form. There will be an administrative review session after the Lock-up period. Those who fail to keep the claimed amount of CPC during the Lock-up period WILL NOT be able to share the reward.
For season 2, similar to Season 1, the reward will be fixed. As is known to all, the yearly pool of Economy Node Reward is in total 5,000,000 CPC. Thus, the daily pool of Economy Node Reward is 5,000,000 CPC/365 days = 13,699 CPC. For the entire 45-day Lock-up period, the total amount of reward will be 616,438 CPC. The amount of reward each individual participant can get will be determined by the proportion of his locked amount in the total pool amount. For example, if a participant locks up 100,000 CPC and the total locked-up amount is 20,000,000 CPC, then he will get 3,082 CPC in the end.
CPChain will update the community with total locked-up CPC daily during the application session.
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