The BXH Big Bang platform will launch the first project BACK on April 23th. BACK, 3x leverage borrowing and lending platform token will ignite the BIGBANG burning & minting section! And the Back platform will be launched on the 24th.
This event will start at 14:00 (UTC+8) on April 23. 1 million BACK platform tokens will be landing on BIGBANG with a high profile at that time. The hard cap of total minting amount(BXH) is 400000, and the total number of BACK minting is 1 million.
How to participate?
From 14:00 (UTC+8) on April 23rd, users can participate in BACK burning & minting by submitting any amount of BXH, and obtain the minting share of 400,000 BXH minting 1 million BACK
At 14:00 (UTC+8) on April 24th, participation in burning & minting ends, and BACK burning & minting shares will be distributed.
According to the proportion of the 400,000 BXH burned by the effective minted BXH submitted by the user, the minted 1 million BACK tokens are equally divided.
When all users submit more than 400,000 BXH, the ratio of effective minting successfully submitted by users is: 400,000 / total BXH submitted (For example, when the total amount of BXH submitted by participating users reaches 800,000, the effective minting of each participating user Half of the number of BXH submitted).
The effective minting BXH is destroyed, and the remaining part can be redeemed 7 days after the minting is completed.
From 14:30 (UTC+8) on April 24th, users can start to go to Bigbang to collect BACK tokens that have been successfully burned and minted.
From 14:00 (UTC+8) on May 1st, users can start to go to the Bigbang platform to redeem the BXH tokens which are fail to participate in valid minting submitted by themselves.