Dear LHCoin token holders, this announcement is first and foremost for you.
It is time for a regular Cashback payment.
5% of all the replenishments that clients made to the broker in cryptocurrency go to the CASHBACK pool.
Here's a small formula that can help you count the amount of the Cashback for a token holder:
CASHBACK = LHC*[(In-Out)*0,05]/E , where
LHC – is the number of tokens that a tokenholder possesses
(In – Out) – is the net replenishment of the broker's funds in crypto, in other words, all the deposits minus all the withdrawals.
E – is the total number of emitted tokens = 101 788 634.10887865
This formula is for reference only, you won't need to count anything yourself – the smart contract does it automatically.
You can find the instruction on Cashback withdrawal on this page.
In this reporting period, the total amount of net deposits from traders (IN-OUT) in cryptocurrencies amounted to a rather modest pool of 95'500 USD.
This is practically the same amount as that of the previous reporting period. It may be caused by the fact that now we are going through the last stage of finalizing the project and don't put too many resources into marketing campaigning. We are planning to start an aggressive campaign in the fresh new 2020.
Attention! CASHBACK will be available for withdrawal for one month after October the 3rd. The next CASHBACK payout is going to be paid for the whole year at once next October.
The broker will launch to the full on January 2020. As soon as the broker is launched "to its full", we are starting to promote LHCoin and fulfill our commitments to the tokenholders who purchased LHCoins during the ICO.