Achain Adjusts Loyalty Program and Announces ACT-KCash Lock-up

ACT loyalty program income adjustment

The ACT Loyalty Program has grown exponentially since its launch, thanks to an active and energized community. Now in its 8th distribution phase, the program has emerged as one of the leading opportunities for cryptocurrency holders to earn steady, passive income.

Participants have seen a steady decline in income yield as the total number of coins in the Loyalty Program has grown. Having listened to community members who are concerned about this diminishing return, we are pleased to announce that we have chosen to reward holders with a stable rate of return with a fixed yield of 0.6% / distribution period. Annually the return will be approximately 7.2%.

As the Achain platform enters a key stage of its technology roadmap, the Achain team aims for rapid growth across the ecosystem that will drive significant value to ACT coin holders. The Loyalty Program is designed to incentivize community members to partner in our success as we deliver blockchain technology solutions.

1. Income through the first seven loyalty programs was as follows:

2. The yield will be fixed at 0.6% in the 8th period (ongoing) and thereafter.

3. The rules for participation remain unchanged. Users already enrolled in the Loyalty Program are not required to register a second time. The program remains open to all interested parties. To enroll, simply transfer 1 ACT to the address listed below. The sending address will automatically be registered.

Loyalty Program enrollment address: ACTEiVHrZMwikGbft1nTPP1uyiQdxSd3DyJE

4. The Loyalty Program is ongoing until further notice. In an effort to maximize returns to long-term holders, Achain will periodically review program terms. Future announcements and adjustments to the program will be broadcast on Achain social media channels.

ACT-Kcash Lock-up Program Announcement:

Achain and Kcash will soon be launching a fixed, high-yield ACT Lock-up program for large volume coin holders. This program is open to community members holding at least 1 ACT. Please note that Loyalty program airdrops do not apply to the Lock-up program.

ENROLLMENT PROCEDURE:

1. Participants must first credit coins to their ACT “Escrow Account”;

2. Registration for the ACT-Kcash Lock-up program opens on September 7th at 15:30:00 Beijing time (GMT +8) and closes on September September 9th 23:59:59 (GMT +8). The program has a limited number of allocated ACT and enrollments are on a first-come first-served basis.

3. Send your ACT into your escrow account, add select the maximum amount of ACT you plan to lock-up using the“Wealth” feature of the Kcash App. Make sure to select the Project that best fits your needs, and remember there will only be 10,000,000 ACT allocated to each project and it is first come first serve!!. (30 DAY, 90 DAY or 120 DAY)

Program details:

1. 1st Lock-up program — -30 days

  • Minimum amount: 1 ACT
  • Subscription currency:ACT
  • Lock-up period: 30 days
  • Quota limit: No upper limit cap per participant
  • Registration period: September 7th 15:30:00 )GMT +8) to September 9th 23:59:59 (GMT +8)
  • Fixed annual return: 10%

2. 1st Lock-up program — -90 days

  • Minimum amount: 1 ACT
  • Subscription currency:ACT
  • Lock-up period: 90 days
  • Quota limit: No upper limit cap per participant
  • Registration period: September 7th 15:30:00 )GMT +8) to September 9th 23:59:59 (GMT +8)
  • Fixed annual return: 12%

3. 1st Lock-up program — -180 days

  • Minimum amount: 1 ACT
  • Subscription currency:ACT
  • Lock-up period: 180 days
  • Quota limit: No upper limit cap per participant
  • Registration period: September 7th 15:30:00 )GMT +8) to September 9th 23:59:59 (GMT +8)
  • Fixed annual return: 15%

 

 

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