AKEDO has announced regulations for receiving Token $AKE for users of their Mini App starting August 21, 2024.
First-time Token recipients will receive an additional 5% in $AKE points, with specific rules on conversion rates and minimum limits, and withdrawal fees calculated based on gas on the BNB Chain.
MAIN CONTENT
Users of the AKEDO Mini App can view and receive Token $AKE starting at 19:00 Vietnam time on August 21, 2024.
The exchange rate is 1,200 $AKE points for 1 Token $AKE, along with a 5% bonus for first-time recipients.
The Token withdrawal fee is based on gas on the BNB Chain, with a minimum points requirement and non-redeemable points clearly defined.
How will users of the AKEDO Mini App receive Token $AKE?
Users of the AKEDO Mini App can access the TGE Airdrop page to view their $AKE points and proceed to receive Tokens starting from 19:00 on August 21, 2024, Vietnam time.
This process allows users to control their accumulated points, converting them into Token $AKE accurately and transparently. The system supports users by allowing retries when Token receipt fails after 15 minutes.
What are the conversion rates and conditions for receiving Token $AKE?
The conversion rate between $AKE points and Token $AKE is 1,200 points for 1 Token, with a minimum point requirement of 330,000 to redeem.
Specifically, the system requires users to retain at least 30,000 $AKE points that cannot be redeemed, in order to maintain stability in point accumulation. Additionally, first-time recipients are awarded an extra 5%, motivating new users to participate more actively.
How do withdrawal fees for Token $AKE affect users?
Withdrawing Token $AKE from the platform will incur gas fees according to the BNB Chain network, ensuring the safety and efficiency of blockchain transaction processes.
Although gas fees are a necessary cost to maintain operations on the BNB Chain network, users are supported to effectively exercise their right to receive Tokens and can retry the operation if an error occurs.
Setting up a reward mechanism and conversion limits helps AKEDO ensure fairness and encourages users to participate long-term in the AI-integrated Web3 ecosystem.
Quoted from an AKEDO representative, August 21, 2024
Frequently Asked Questions
1. What benefits do first-time users receive when receiving $AKE?
First-time users will receive an additional 5% bonus $AKE points compared to the usual points when redeeming Tokens.
2. What is the minimum number of points required to redeem Token $AKE?
Users must have a minimum of 330,000 $AKE points to qualify for Token redemption.
3. Is it necessary to keep any points when redeeming Tokens?
A minimum of 30,000 $AKE points must be retained; this amount cannot be used for Token redemption.
4. How can the Token receipt error be handled?
Users can retry receiving the Token after 15 minutes if they encounter an error initially.
5. How are withdrawal fees for Token $AKE calculated?
Gas fees apply based on the BNB Chain network when withdrawing Token $AKE.
Source: https://tintucbitcoin.com/ake-token-cong-bo-quy-dinh-moi/
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