How to participate in the rewards program?
The AMMUT platform will choose a month during Q1 2020 and Q1 2021.
Users who want to participate in the Reward Program will have to register
online. A snapshot will be taken on a date and in the next month, on the
same day as the one the snapshot was taken, a reward will be given based
on the amount in the wallet. Team members and advisors will not be allowed
to participate. We will calculate how much percentage wise each registered
wallet owns. Then, 50% of the bought back tokens, will be distributed
percentage wise proportional to the amount in the wallet on the snapshot
day. The other 50% of the bought back tokens will be burned.
Furthermore, buying back tokens from the market will depend on the market
conditions andwill be done at a market price.The token quantitywill decrease,
which will increase both value and output per token.