Dear BigONE Users,
Based on the operation of the Mixin mainnet, we have made some adjustments to the announcement released on February 29.
1. About The Participation Order of BigONE's Nodes:
On February 28, the Mixin mainnet has officially started the withdrawal of nodes. After requiring the relevant configuration of the Mixin mainnet, BigONE will withdraw relevant nodes on position 1, 4, 6, 7, 9, 17, and 18, the corresponding order nodes are X-ONE, KOL-1, KOL-3, KOL-5, KOL-2, KOL-4, and KOL-6; 8bit's node will withdraw on 19th position.
The following are the order to withdraw.
2. Instructions of nodes joining Mixin mainnet:
- Because the Mixin mainnet can only add one node a day, BigONE will advance the funds required to establish a node in accordance with the order in which the nodes were withdrawn, so that relevant nodes can join the Mixin mainnet as soon as possible.
- BigONE will advance the participating nodes according to the order of node collection completion
- When the node advanced by BigONE is launched on the mainnet, users can continue to participate in the node within 2 weeks. If the advanced node has not fully funded after 2 weeks, BigONE will decide whether to cancel the operation of the node according to the situation;
- When an advanced node has fully funded, BigONE will withdraw the advance funds.
3. Users' Benefits
- When the node in which you are participating withdraws from the Mixin mainnet, the user who made a reservation for the withdrawal will receive the investment principal and return for the day, and you can re-select a node to invest. (For example, KOL-1 will withdrawal on March 2, users who reserved to exit KOL-1 will receive their principal.)
- Withdraw users will not be able to obtain future node benefits after the principal has been received.
4. New Participating Users' Benefits:
- New users who participate in the backup node cannot obtain benefits until the node is restarted. After the node joins the mainnet (through the backup node's own fundraising or BigONE advance), new participating users can receive the benefits according to the proportion of their investment amount and the required number for node operations (11000 XIN).
- After the node starts to run, users who participate before 18:00 on the same day will receive revenue on the next day, and users who participate after 18:00 will receive revenue on the third day.
- Mixin nodes' benefits are distributed daily to your wealth management account.
5. Benefits For Regular Users (Without Exit Reservation):
- Because the exit time of different nodes is different, that is, there may be no profit received from nodes on their exit day. In order to guarantee the best interests of our users, BigONE will evenly distribute all the benefits of the nodes that are running on the mainnet on that day. If BigONE withdraws from a node, and the node has no revenue on the day, the revenue of the remaining 6 nodes will be evenly distributed to all participating users. During the period of raising and joining the mainnet, the daily revenue of the user may be different.
6. Mixin Function Adjustment
- The nodes that have been added to the Mixin mainnet and started running are marked on the "Mixin Investment Page" and added a "running" icon. New users who participate in Mixin nodes are recommended to participate in the running nodes first.
- The wealth management page has added the Mixin mining pool entrance, and the original entry will be retained.
- To check your Mixin investment record and profit record: Account- Wealth Management- Investment Record, Income Record.
- During Mixin's mainnet node replacement, your daily revenue will fluctuate, BigONE will complete the node joining as soon as possible.
- Users who apply for a reservation to exit the Mixin nodes will be refunded as soon as we receive the XIN from the node.
Thank you for your support and love.
March 14, 2020