Announcement on Mining Payout for Individual Miners
Dear global Waltonchain supporters,
To improve global miner rewards on Waltonchain, shorten the ROI period and reduce mining risk, Walton Chain Foundation starts ERC-20 token payout in exchange for the WTC mined by individual miners (outside KirinPool) at 1:1 ratio each Friday from the date of this announcement and before the token swap. For mining payout to KirinPool users, please refer to our previous announcement.
Exchange procedure:
- Miners should first transfer mainnet WTC to the designated official address 0xfe9c464cd7514a07126cd602d96a4d7f845c6ab0;
2. Each Friday, the Foundation will count mainnet WTC received before 23:59 on Thursday (UTC+8) and pay the equivalent ERC-20 tokens to the corresponding Ethereum addresses;
3. Users can use private key of the mainnet wallet to unlock the corresponding Ethereum wallet address (such as imToken) and use the ERC-20 tokens.
The Foundation will launch more activities in the future (such as rewards on token lockup in KirinPool) to improve miner rewards. Waltonchain thanks you for your long-term support!
Notes:
1. Each payout amount must be at least 50 WTC. Amounts less than 50 WTC will not be paid. If a user mistakenly transfers a smaller amount, the payout will follow only after the user’s transfers add up to 50 WTC;
2. In no occasion will Waltonchain ask for your wallet information first. Stay alert to fraud!
Walton Chain Foundation
July 2, 2019
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