Bibox Selected Business Subscription rules

1.The calculation method of the upper limit of individual user subscription shares

The holding level is evaluated by the number of days locked by bix and the number of bix, and the holding level is finally used to determine the share that users can subscribe. The higher the level, the more shares that can be subscribed.

The relationship between the position level and the maximum subscription limit for an order is: the maximum number of subscriptions (not the actual number of subscriptions) = the square of the position level+1, times 10.

For example: users with position level 0 can subscribe at most (0+1)*(0+1)*10=10, users with position level 1 can subscribe at most (1+1)*(1+1)*10=40.

Subscription limit: The maximum subscription limit for a single user is 1210.

Holding level	Lock up days	BIX	Most share
0	Subject to the actual announcement of each project	<100	10
1		>=100	40
2		>=1000	90
3		>=5000	160
4		>=10000	250
5		>=30000	360
6		>=50000	490
7		>=100000	640
8		>=200000	810
9		>=300000	1000
10		>=500000	1210

2.First-come, first-served principle (Snap-Up + Subscription mode)

Within the target number of pre-taste. As long as the user meets the maximum personal subscription limit and has sufficient funds at the time of liquidation, the user can get as much as the subscription. If the account funds are insufficient during liquidation, the subscription will fail. This process is called Snap-Up.

After the fundraising goal is reached, and the subscription time has not ended, the user can continue to click on the subscription share without exceeding the personal maximum subscription limit. After subscription, according to the wishes of the project party, use one of the methods of full satisfaction, equal proportion satisfaction, proportion, and fully covered satisfaction to settle accounts with users. This process is called subscription. Users who participated in the snap-up process can also participate in the subscription. You can subscribe multiple times at the time of subscription.

Description of subscription satisfaction method:

a. Fully satisfaction

Users can get as much as they fill in when subscribing.

b. Equal proportion satisfaction

The number of subscriptions for each person is reduced according to the same ratio.

Bn*(N/10)= Actual quantity

（ N=1，2，3，4，5，6，7，8，9）

Bn is the number of shares actually subscribed.

c. Proportion satisfied

The proportion of the number of shares subscribed by each person in the total number of shares is multiplied by the total number provided by the subscribed part of the project.

Actual quantity=Bn/(B1+B2+B3+...Bn)*Actual total subscription share determined by the project party

d. Fully covered satisfaction

All subscribed users can get one.

3.Explanation of refund without reason after two weeks

a. Participate in Selected "pre-taste" subscribed project token, 14 days after the project goes online for trading, the user can refund the currency that has not been traded within 24 hours without reason;

b. The refund application period is 24 hours. If you do not apply, it will be deemed to have waived your rights;

c. You can only apply for a refund once, please confirm the amount to be refunded:

d. The price of the refund is subject to the price at the time of pre-taste subscription;

Example 1: The user successfully subscribes for 1000 coins, sells 500, and buys 600. The final amount that can be refunded is 1000-500=500;

Example 2: The user has 1000 coins, sold 500, bought 600, and then sold 200. The final amount that can be refunded is 1000- 500-200=300.