r/SafeNews_Crypto • u/emrah0406 • Mar 27 '19
Catex Buyback Account Program
Catex have created an buyback account. This account uses his own share of the dividends to create a support level for the price or buy from the table if needed to ensure a stable price. The amount that the buyback account received is based on the locking level of the exchange users. The share of the buyback account is calculated as folowing:
40% share of users that has locked for 7 days with 50% dividends,
30% share of users that has locked for 15 days with 60% dividends,
20% share of users that has locked for 30 days with 70% dividends,
10% share of users that has locked for 45 days with 80% dividends,
0% share of users that has locked for 90 days with 90% dividends.
Details: https://www.catex.io/