Home / Crypto News / cryptocurrency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

cryptocurrency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

A cryptocurrency exchange that publishes a ” dividend type exchange token ” is popular recently, with FCoin, which has become a trendy exchange market mining epidemic, at the forefront.

If you have a dividend type exchange token, you can gain the voting rights of community and governance, and you can receive dividends according to the holding amount.

These tokens can usually be acquired substantially free of charge depending on transaction volume.

This dividend exchange token has attracted a great deal of attention recently because there is a potential to reduce commissions and earn profits according to price fluctuations.

For this time, I would like to thoroughly explain the mechanism and features of an exchange / ABCC (ABC / $ AT) that issues currency that implements a harving (halving of remuneration) system to such a dividend type token.

Overview of ABCC

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

ABCC issues ABCC token / $ AT which is a “Dividend Exchange Token” which has been drawing attention recently.

It is the basic form of the dividend type exchange token that is distributed according to the total trading volume / fee on the exchange, but the AT also has different features in addition to this.

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

The interface of the exchange is in the form like the top image, and it is easy to see with all the standard functions.

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

Also, ABCC has released a trading application on iOS and Android, and it seems that it has the same function as the web version.

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

The exchange has all the basic currencies, and the base currency can be selected from BTC, ETH, USDT. New currencies are also being added at a fast pace.

A thorough explanation of the characteristics of ABCC!

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

So, what are the characteristics of ABCC? Here I would like to explain ABCC token ($ AT) issued by the exchange in detail.

ABCC’s “Harving System”

In ABCC, you can earn dividend type tokens called ABCC tokens ($ AT) by trading. On the exchange, we call this mechanism ToM (Trade to Mine) .

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

Since the total number of issued ATs is limited to 210 million sheets, price fluctuation occurs based on finite supply quantity .

In addition to this, ABCC has set up a ” harving system ” similar to a Bitcoin to spur the demand of AT.

This is to halve the number of tokens issued per block on the block chain of AT every 120 days .

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!
Planning table of the harving. The number of tokens for which the middle row is issued within the period, and the right column indicates the ratio of the number of sheets to the total issue number.

For example, in the early token introduction (July this year), the total number of tokens to be awarded in 120 days is 42 million.

By dividing this by the number of days (42,000,000 ÷ 120), 350 thousand copies are produced per day , and one block is generated every six hours, so 87,500 copies are distributed per block .

Incorporating incentives for early participation by giving scarcity to tokens by halving this number every 120 days, it is thought that increase of demand and control of supply amount will be done.

How to calculate AT acquisition quantity is special!

Acquisition of AT dividends does not necessarily mean “more deals are better”.

The number of ATs that a user can acquire per block is calculated as follows.

Percentage of user’s individual fee in total fee of block as a whole × Dividend per block

For example, if your transaction fee within one block accounts for 1% of the total, you can earn 1% x 87,500 AT = 875 AT as a dividend.

Therefore, the amount of dividends that users can earn will be related to the transaction fees of other users .

In theory, if the trading fee of other traders is small, you can earn most of the AT per block, and conversely such a chance will also be a mechanism to attract many traders .

You can get a dividend just by holding an AT

AT can be sold after it is acquired, but you can also obtain various dividends and participation rights of community activities by holding it.

If you own an AT for a long time, you can earn part of the transaction fee revenue on the exchange as a “dividend” .

Here is the reason why the currency such as AT is called “dividend type exchange token”. You can earn a token simply by trading it and you can also receive dividends just by holding it.

The specific dividend amount can be obtained by the following calculation formula.

Total amount of dividend × (minimum AT holding amount in the past 7 days ÷ sum of minimum AT holding amount of other users in past 7 days)

Therefore, you can receive as dividend your percentage of total user total of minimum AT holdings over the past 7 days multiplied by the total dividend from ABCC (80% of fee revenue).

Furthermore, it is possible to make proposals for communities and services for ABCC developers according to the holding amount and holding period of AT above a certain level.

A thorough comparison with dividend type token originator · FCoin

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

In this section I would like to explain the difference between FCoin , the foremost person of the payout type token and ABCC .

Both ABCC and FCoin have adopted a mechanism that distributes dividend type tokens equal to 80% of the fee income of exchanges (note that actual commission income is not distributed, so be careful).

The big difference between them is how to get a token!

In FCoin, the commission paid by the user to the trade is fully reduced with a Fcoin token ($ FT) .

In this system, while the amount of FT can be reduced if the commission paid is small, it is possible to make a high- rate transaction (called exchange mining) using bots or the like and to raise the fee .

On the other hand, in ABCC, as described above, ATs of ” the proportion of the individual fee of the user in the total fee of the entire block multiplied by the dividend number per block ” are distributed to users as described above.

In this system, even if the fee to pay is small, if you account for a high percentage of the total fee in the block, you can earn a reasonable amount of AT.

Even with this mechanism, it is theoretically possible to earn ATs automatically if you conduct exchange mining, but if everyone earns an equivalent amount of fee at exchanges mining, the compensation is also divided by the number of participants I will excuse you.

Therefore, ABCC thinks that incentives for forcibly raise the volume of transactions using bots and the like are difficult to establish .

Both the AT and FT have set the maximum number of sheets issued, but since the AT has a harving system, it is possible that the demand at the early stage can be stabilized .

ABCC latest news · Air drop information etc.

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

ABCC has reported progress at a high frequency, and news such as events are frequently updated.

Recently, news on smartphone version app appearance, event information such as air drop, trading contest etc. are released.

About air drop · trading contest

ABCC is doing air dropping for the period until 18th this month.

A total of 150,000 USDT will be distributed by lottery to users holding 100 USDT or more, and 10,000 AT minutes will be distributed by lottery to users who trade everyday.

Also, a trading contest is also held for the 24th of this month, the prize money of USDT comes out every day, and the prize for the overall winner is Tesla’s super car · X 100D model .

About ABCC’s entry into Malta

ABCC is deeply connected with Malta, the cryptocurrency power country, and the headquarters will be relocated to the country .

Virtual currency exchange ABCC / Dividend type token Introduce features of AT and features such as air drop information!

The other day, the Finance Deputy Minister of the country has tweeted about ABCC, and the former Foreign Minister is appointed as an advisor to the exchange.

In addition to Malta, ABCC is working on acquiring licenses related to virtual currencies and distributed ledgers in Gibraltar.

Summary

ABCC is an exchanger that issues ATs that have added a harving system to the “Dividend Exchange Token” that is prevalent these days.

The token can be obtained by purchasing or trading (ToM), which has the advantage that dividends can be earned by further holding it.

Fair is characteristic in that the acquisition of AT by ToM involves the transaction fee of other users, so not necessarily doing a lot of dealings” does not mean that.

If the rarity of the token rises due to the implementation of the harbing, there is also the potential to raise the volume of the entire exchange.

Also, ABCC is fast developing, and events such as air drops and trading contests are popular, so it can be said that management is putting more effort.

If you are concerned about ABCC, please also check official website!

Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/abcc/

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