The 27th NEAL Dividend has distributed dividends and unlocked at 00:00 on March 9, 2019 (Singapore time, UTC/GMT+8:00).
On August 2, 2018, Coineal began the first NEAL Dividend: lock NEAL to get transaction fee and candy bonus. In the past six months, NEAL Dividend has been operating stably for 27 periods, with more than 10,000 participants, and a total dividend of more than 500,000 USDT. We sincerely appreciate your trust and support.
During the operation of NEAL Dividend, our team constantly reviewed and thought about NEAL's application scenarios and rule design, and never stopped listening to suggestions from investors in the community. Recently, the voice of the community “changing NEAL dividend to repurchase and burn” has become stronger and stronger (no locks, more free and flexible trading, NEAL's price can better reflect its value; centralized repurchase and burn treats all NEAL holders equally). After careful consideration, our team decided:
After the 27th NEAL Dividend, it will be closed and the repurchase mechanism will start. The details are as follows:
1. The 27th NEAL Divedend is the last issue. The dividends has been released and NEAL has been unlocked at 00:00 on March 9, 2019. NEAL Dividend will be officially removed.
2. Starting from 0:00 on March 9, the funds originally used for dividends, that is, 80% of the transaction fees generated by the platform manual trading behavior (non-API transactions) will be used for repurchase and burn. Details will be announced every Friday.
3. Of 543 million NEAL, except for the part (215 million) held by the team and the foundation, the current market circulation is about 328 million. Note: Official will continue to lock 215 million.
/ Risk Warning /
Digital asset is an innovative investment product, the price may fluctuate drastically with high and unpredictable risks. We sincerely hope you could get to know about certain digital asset as much as possible before you invest and hence make rational judgement as well as cautious decision according to your investment ability.
/ Contact Us /
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