ET (ExShell Token) will be Launched on ExShell, 20% Net Profit Repurchased Quarterly
Recently, ExShell, a digital asset exchange, moving in the opposite direction, and will be available in this winter. The official announcement shows it will launch ExShell Token (ET for short). It is reported that ExShell has already provoked an investment boom and obtained a large number of users. ET is undoubtedly one of the best seed players among numerous Tokens. We know that ET serves as ecological token in the whole ecosphere of ExShell and its total amount is 2 billion. Moreover, the open market issue price of ET is 0.1 dollar/piece and the amount of that will never be re-issued.
ExShell will take 20% of net profit and buy back ET every quarter and the repurchased ET will be completely destroyed. The repurchase will be ceased when the total amount of repurchase reaches 30% of the total issued.
The Official Announcement Shows That:
The repurchase arrangements of exchange in the first quarter:
Repurchase fund amount: 20% of net profit for the first quarter of the exchange (From November 1, 2018 to January 31, 2019);
Repurchase price: the minimum price is 0.2 dollar/piece; if the market price is more than 0.2 dollar/piece, it will be repurchased at the prevailing market price;
Release time of repurchase announcement: From February 1, 2019 to February 10, 2019 (The details of the repurchase will be clarified on announcement.).
The repurchase arrangements of exchange in the second quarter:
Repurchase fund amount: 20% of net profit for the second quarter of the exchange (From February 1, 2019 to April 30, 2019);
Repurchase price: the minimum price is 0.3 dollar/piece; if the market price is more than 0.3 dollar/piece, it will be repurchased at the prevailing market price;
Release time of repurchase announcement: From May 1, 2019 to May 10, 2019 (The details of the repurchase will be clarified on announcement.)
The continuous repurchase program:
After the completion of the second quarter repo, the next continuous repurchase program will be released ahead of schedule by a month in the form of repurchase announcement.
Each time, the repurchased ET will be completely destroyed. The repurchase will be ceased when the total amount of repurchase ET reached 30% of issue amount. As the numbers of ET decreases, its scarcity will be risen sharply. We can see that such a repurchase mechanism will play an important role in the trend of market price. In the future, the market value of ET will be risen to a new height every quarter. Even it is not difficult for ET to be the top among numerous Tokens.
Enjoy Special Discount and ET Deducts 50% Commission in Maximum:
It is reported that ExShell’s ET can be used to deduct rates in full ecological applications as well as pay transaction fees: the first year, 50%; the second year, 25%; the third year, 12.5%. The payment discounts for other ET eco business scenarios include listing fee, leveraged loan charge, OTC service charge, token loan fee and withdraw fee, etc.: the first year, 20%; the second year, 15%; the third year, 10%.
One of the main sources of exchange profit is the handling fees generated by users’ trading and cash withdrawal operations on the exchange. The handling fee of mainstream exchanges is about 0.2%. ET, the eco token of ExShell, one of its application value is to deduct the operating fee, with a maximum deduction of 20%. The deduction strength will be decreased year by year.
ET is the “Amulet” in the Bear Market and an Anti-stress Essential:
After ET launches on ExShell, it will be used in user gift, investor protection fund, team management, global ecological investment fund, community ecology and other application scenarios besides the application value of deducting service charge. With the expansion of the application scenario of ET, ExShell exchange continuing to move forward, the value of ET will be improved substantially, and what’s more, its market value is also immeasurable.
The purchase back destruction mechanism of ET on ExShell Exchange, not only has important support value for stabilizing market value, but also control market volatility to a certain extent. This kind of effective risk control mode can avoid the heavy loss of users caused by negative factors, such as market sluggishness, malicious repression of dealers, the overall position cost of the market raising and so on.
Another core product of ExShell, ShellPal, will be also launched soon. To deposit or withdraw, its annual profit is as high as 36%. That is to say, in the bear market, even one doesn’t put on a trade at all, he can also have an interest. So ShellPal is equivalent to providing users with a safe harbor, and it should be the first one in the industry.
For the first round subscription, ET is 0.07 dollar/piece (November 11-15); for the second round subscription, ET is 0.08 dollar/piece (November 16-19); for the third round subscription, ET is 0.09 dollar/piece (November 20-22); for open market transaction, ET is 0.10 dollar/piece (10:30AM on November 23). The three rounds of subscription will be lasted for 12 days and controlled under 10% of the issued amount. As time goes on, the price of each round’s subscription will also be increased. Therefore, we suggest the most appropriate way for users to subscribe ET is in the first round.
Transfer BTC, ETH and USDT to the following addresses:
BTC & USDT address: 1Fc5kseJzo5NXXuHDk1CPzgKKxewEnESfZ
ETH Address: 0x993f3a1cb81c04991083e9b76a7999109dee31e3
See ExShell website “www.exshell.com” for more information.
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