August unlocked for Pundi X token holders and new mechanism explained

Dear traders,

Due to changes made by the Pundi X team, Bit-Z will update the process involved for the NPXS Monthly Token Unlock Program, starting from Oct 1, 2018(UTC/GMT+08:00) . The unlocked tokens for the month of Sep 2018 will still be calculated based on the previous methodology (The snapshot will be done on Sep 30, 2018 23:59:59. The NPXS will be distributed around the 15th according to 7.316% of NPXS positions).

The new monthly token unlock calculation is as follows:

Daily NPXS generated by each user = Daily NPXS generated by Bit-Z * (Daily User NPXS holdings/Total NPXS held on Bit-Z)

Note:

• Users with a balance of <1 NPXS will not be included into the daily NPXS calculations.
• Unlocked NPXS tokens are calculated daily and distributed monthly. Distributions will be completed aroud the 15th of each month.

August unlocked for Pundi X token holders and new mechanism explained

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Thank you for your support!

Bit-Z Team

Sep 29, 2018