Thursday, August 1, 2019

Qtum (QTUM)

  1. Sign up for the Binance
  2. Hold minimum 1 QTUM in Binance wallet
  3. Starting from August 1, 2019, Binance will begin taking daily snapshots of user QTUM balances at 00:00 AM UTC
  4. XLM staking distribution will be calculated as follows:
    1. QTUM generated by each user = Total QTUM staking rewards received by Binance * User QTUM holdings ratio
    2. User QTUM holdings ratio = User QTUM holdings / Total QTUM staked by Binance
  5. The initial distribution of QTUM staking rewards will be calculated up until September 1, 2019, with the total amount distributed equal to the staking rewards accrued on holdings during the period
  6. QTUM rewards are calculated daily and distributed monthly. Distributions will be completed before the 5th of each month

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