Announcement on the POW area on-line Maker, the new billing mode of Taker and the 50% return of the Taker fee

Dear user,

AAcoin has been supported by a wide range of community users since the launch of the POW area program. There will be many non-private IPOs in the POW area, in order to better promote the liquidity of the PW area. AAcoin will launch a new Maker and Taker billing model in the POW zone. Details are as follows:

Glossary:

Maker (Pending Order): The pending order refers to the price you specify (when the purchase order is lower than the market price or higher than the market price), the order will not be immediately dealt with other orders in the depth list, but enter the depth list to wait for the other party to take the initiative. To deal with your order, this behavior is called a pending order.

Taker: Eat a single order refers to the price at the price you specify (intersect with the order in the market depth list). When you place an order, it immediately deals with other orders in the deep list. You actively deal with the order in the deep list. This behavior is called eating.

for example:

User A places a pending order in the pow zone. The total amount of pending orders is 1000 USDT. User B actively purchases the 1000 USDT pending order of User A. The transaction is completed.

At this time, User A needs to pay the Maker fee, according to the Maker fee of -0.05%, User A does not have to pay the handling fee and get a 0.5 USDT fee reward during the transaction;

At this time, User B needs to pay the Taker handling fee, according to the Taper handling fee of 0.20%, User B needs to pay the 2 USDT handling fee. If User B opens the AMM deduction handling fee, User B only needs to pay the equivalent AMM of 1.6 USDT handling fee.

 At the same time, in order to further increase the liquidity of the online currency in the POW area, from the date of the launch of Maker-Taker to December 31, 50% of the Toke handling fee for all currencies in the POW area will be returned to the user. Details are as follows:

Date of the event: From now on - December 31, 2018;

Return period: statistical return every week, 50% of last week's Toke handling fee is issued on Tuesday, the first return time is December 4th (UTC+8)

Return form: The handling fee is refunded in the form of AMM, and 50% of each Toke handling fee is converted into AMM for accumulation;

for example:

For example, user B continues to use the above method. User B needs to pay 2 USDT fee. One USDT will be converted into AMM according to the AMM transaction price at the time and will be returned to the user account next Tuesday. If user B starts the AMM deduction fee, user B needs to pay 1.6USDT. Equivalent AMM, where the 0.8USDT equivalent AMM will be returned to the user's account next Tuesday.

thank you for your support!

AAcoin team

November 24, 2018

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