Coinyee Exchange Platform Coin Coinyee Token, referred to as CT, Coinyee Global Equity Token, is a token issued by Coinyee Exchange, based on the decentralized blockchain digital assets issued by Ethereum, based on Ethereum Fang smart contract ERC20 standard token. The total amount is 100 million, and it is promised that there will never be additional issuance. It will be released to platform users in a variety of ways, and the obtained CT will be circulated and used in various scenarios. Every CT stored on the platform enjoys various rights and interests of the platform.

Assignment Mechanism

1. 80% will be released to platform users and used for platform operations;
2. 20% of the BiEase platform team (used for team incentives, a total of 20 million, locked for 4 years, 5 million issued each year ).

CT start release date

It will be released to users on May 23, 2018, and the online transaction will be announced on a later date.
Phase 1 Release Rules
ECO and RCO holdings will be sent every day, and the number of ECO and RCO in the account will be snapshotted at 24:00 every day. Every 20,000 ECOs held will send 1 CT per day, and every holding 30 Each RCO will send 1 CT per day, and it will be distributed at 4:00 the next day, until 30 million CT are distributed.

Rules for dividend distribution of CT coins

After CT starts trading, dividends will be distributed according to the total amount of circulation. 50% of the transaction fee income of all currencies on the day will be used for dividends of CT holdings. A snapshot of the number of CTs in the account will be taken at 24:00 every day, and the next day will be 4:00 00 to distribute dividends.
Dividend income for CT holders = income to be distributed * (number of CT held / total amount in circulation), the dividend income will be distributed to each holder's account in CNY, and the obtained CNY can be freely selected to buy Currency or withdrawal.

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