BHEX is launching a saving campaign for GRIN/BEAM HODLers. Save GRIN for GRIN and BEAM for BEAM with 3% annualized yield and daily interest calculation.
Phase 1 Open Quota: 200,000 GRIN, 400,000 BEAM (first come first serve basis).
How to participate in the campaign: After the campaign starts, as long as there are GRIN and BEAM assets in your account, it is considered as automatic participation.
1. During the campaign, the BEAM or GRIN will be rewarded according to the 3% annualized yield, and the interest will be calculated on a daily basis.
2. During the campaign, the snapshot of BEAM or GRIN assets will be taken on hourly base in Singapore time (e.g. 7pm, 8pm etc UTC+8), and the average of the 24-hour asset snapshot will be taken as a valid interest-bearing asset. For example, if the BEAM assets of the hourly snapshot of the user on the day of February 16 are A1, A2, A3, ..., A24, then the effective interest-bearing assets of the user are (A1+A2+A3+...+A24)/24.
3. When the quota of 200,000 GRIN and 400,000 BEAM is fully met, an asset snapshot will be taken, at which point the number of GRIN and BEAM in the account is the highest interest. For example, when GRIN's 200,000 interest-bearing quota is fully met and there is 5000 GRIN in Alice's account, then Alice's effective interest-bearing quota is ≤5000 GRIN regardless of how it operates (deposit/withdrawl or GRIN trading) during the campaign period.
4. The interest awards for GRIN and BEAM will be credited within 2 working days after the campaign ends.