1. BEE Issuance
BEE will be mined on the BEEX platform through open and transparent trading. The mining is divided into five stages, and the output will be halved after each stage, until 100 million BEEs are fully mined.
The first stage: 300,000 BEE per day for 180 days;
The second stage: 150,000 BEE per day, for 180 days;
The third stage: 70,000 BEE per day, for 180 days;
The fourth stage: 30,000 BEE per day for 180 days;
The fifth stage: 10,000 BEE per day for 100 days.
All users who participate in trade mining on the BEEX platform can share the BEE reward of the day.
2. BEE Mining Mechanism
Mining Volume determines your BEE income.
The user's actual trading volume on BEEX.one（Including Buy+Sell, Fait OTC and API trading are not included）
Because Activity Bonus and Invitation Bonus have enabled some users to get accelerated rewards. The actual trading volume after adding accelerated rewards is mining volume.
User Daily Mining Volume = User Daily Actual Volume * (1 + Activity Bonus) + Invited Friends' Daily Actual Volume * Invitation Bonus
User Daily Output BEE Quantity = Daily BEE Output Total * User Daily Mining Volume / Total Users‘ Daily Mining Volume
3. Mining Bonus
* Activity Bonus: The BEEX platform will hold activities from time to time, sponsored by other project teams; during the activity, holding the sponsor's token can obtain the “Activity Bonus” to speed up mining.
* Invitation Bonus: Please refer to the rules of the [BEEX Community Partner Program].
4. BEE Rights
- Participate in the Token Sale;
- Discount trading fee;
- Enjoy the scarcity of BEEX's continued buyback and token burn;
- Stake BEE to become a BEE partner and obtained a super invitation coefficient;
- More scenes, stay tuned.
5. Buyback Plan & Token Burn
The 70% net fee per day that the BEEX platform receives will be used for buying back BEE on the secondary market . 70% of the activity revenue and sponsorship fees received by the BEEX platform will be used for buying back BEE on the secondary market .
Every week, all the BEEs bought back will be burned/destroyed, the on-chain transactions will be announced at the first time; the burning plan will be implemented until the total circulation is 21 million.