Wissel BigONE Token ONE om naar LiraT TRYT

“ONE” is BigONE’s new platform token, issued at total number of 20 billion, and will be locked until mined, and gradually released through an innovative “Trade-Mining” Mechanism. ONE holders will receive 100 percent of trading fee on BigONE’s platform. ONE is divided into two parts: Community-owned 51% of all ONEs belong to community. The total amount is 10.2 billion. Once mined/released, these ONE tokens can circulate on BigONE. BIG token holders owned 49% of all ONEs belong to existing BIG token holders. Total amount of this part is 9.8 billion ONEs, and will be released at the same rate as the community-owned part in proportion. These ONEs will be airdropped to all BIG token holders every day. However, these ONEs airdropped to BIG holders will be frozen till June 21st, 2022 UTC+8, and cannot be circulated on the BigONE trading platform or other platforms during this period. Trade cryptos in the “Trade-Mining” section, and get your trading fee rebated in ONEs of the equivalent value. Refer new users to complete registration, pass identity verification (KYC) on BigONE, and start trading in the “Trade-Mining” section. As incentive, you will receive 20% of your referred new user’s trading fee rebate in the form of ONEs. BIG tokens stored on BigONE platform will automatically be airdropped ONEs. Hold ONEs, Share All Platform Trading Fee Everyday at 00:00 UTC+8, BigONE will take a snapshot according to the current ONE balance on the platform. All trading fee occurred on the platform during the past 24 hours will be airdropped to all ONE holders in the form of a number of crypto assets received by the platform. Allocation formula = number of ONE held / total number of ONE released All ONEs are locked until mined, and will be gradually mined through “Trade-Mining” or “Referral-Mining” or “Airdrop to BIG token holders” until 20 billion ONEs are all mined. 【Trade-Mining】 Trade-Mining can only be achieved by trading crypto assets in the “Trade-Mining” section. Every midnight (or 00:00 UTC+8), the platform will calculate all trading fees occurred in the “Trade-mining” section during the last 24 hours (from the previous 00:00 AM to 24:00 PM UTC+8) and unlock equivalent worth of ONEs using the average price of ONE on the same day. On the following day’s 10:00 UTC+8, the trading platform will rebate these unlocked ONEs to users / miners who traded in the “Trade-mining” section in the previous day. 【Referral-Mining】 Referral-mining is the incentive mechanism for the platform’s existing users to invite new users to sign up BigONE. Every midnight (or 00:00 UTC+8), the trading platform will calculate the total trading fee from your referred new users’ tradings on the previous day (from 00:00 AM to 24:00 PM UTC+8) to the equivalent value of ONEs. BigONE will rebate 20% of your referred new user’s trading fee to you in ONE tokens. Such incentive will be given to you on the same day at 10:00 AM UTC+8. Note: The ONEs that are referral-mined are released in addition to the regular trade-mined portion, thus BIG token holders will also receive their equivalent proportion of referral-mined ONEs airdropped. 【Airdrop ONEs to BIG Token Holders】 Every midnight (24:00 PM UTC+8) the platform will take a snapshot of the balance of BIG tokens, and airdrop mined ONEs to BIG holders’ according to the formula: [Previous day’s number of unlocked ONEs in the Community-owned part] / 51 x 49]. However, these ONEs given to BIG holders will be frozen until June 21st, 2022, and cannot be circulated on trading platform during this period, but the platform rebates continue to apply. 【Friendly Tips】 As soon as the new “Trade-mining” rule applies and 100% of BigONE's revenue (trading fee) is rebated to ONE holders gradually, the previous BIG buy back scheme will be terminated, because BIG holders will get airdropped ONEs and receive related rebate and incentives. ONE is a platform token of BigONE and is not traded on other platforms. Please be reminded that crypto assets could be highly volatile with high risks. Any investment decisions should be made with caution.

Launched in November 2022, LiraT (TRYT) is an asset-backed token redeemable 1:1 for 1 Turkish lira. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by Turkish lira on the blockchain at a 1:1 ratio and indexed to the price of Turkish lira. For every TRYT created, an equivalent amount of Turkish lira is held as collateral in the company's reserves. TRYT provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike fiat Turkish lira transaction limits in the market, there are no minimum transaction limits for TRYT. TRYT transactions are executed instantly and any amount of TRYT tokens can be converted to fiat currencies, ensuring quick and efficient transactions. TRYT is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As the demand for TRYT tokens increases, Token Teknoloji Anonim Şirketi will add the equivalent amount of Turkish lira to its reserves for each TRYT token upon request from institutions wishing to meet their demand. This ensures that the 1:1 ratio between Turkish lira and TRYT is maintained whilst keeping the market in balance between supply and demand. And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of TRYT tokens from circulation when needed, ensuring a balance between TRYT and the Turkish lira. Thanks to this mint-and-burn mechanism, the price of TRYT is always in equilibrium with the price of the Turkish lira.