Binance Exhange Launches Pundi X (NPXS) Monthly Token Unlock Program

Earlier this month, Binance Cryptocurrency exchange held their 7th Community Coin of the Month and revealed the winner, Pundi X (NPXS).

Today, Binance announces they are going to support the Pundi X (NPXS) Monthly Token Unlock Program. They will be distributing tokens to NPXS holders based on a monthly snapshot taken at the end of each month. Tokens will be paid out on the 14th of every month.

The rules are simple, as long as you hold more than 1 NPXS during the snapshot you can receive your share. There will be 31 total stages (monthly payouts) with varying percentages being distributed.

  • Stages 1-7 = 7.316%
  • Stages 8-19 = 2.11637%
  • Stages 20-31 = .88187%

As an example, if you hold 1000 tokens at the end of the month, on the 14th you would be paid out 73.16 NPXS during stages 1 through 7.

it clearly has Crypto enthusiasts excited

To read full details, you can see the blog post here.

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