GREEN CHAIN - greenchaincoin/pdf GitHub Wiki

The release of GREEN CHAIN will be officially opened on December 19, 2018. The GREEN CHAIN equity release function will be activated in turn according to the replacement period.

• The initial total equity of the GC system is 340000000. Each member enjoys the corresponding proportion of the distribution rights of the GC system according to the different GC interests held by the member.

• Each member receives 1% of the unreleased GC benefits daily and converts to GC, which can be collected once every 24 hours.

• After receiving the corresponding GC interest, the dividend interest in the GC system will be reduced according to the decrease of GC equity. The collected GC can be sent to the local wallet, online wallet or trading platform for trading.

• The initial dividend of the first year of the GC system equity is 345000000, and dividends will be distributed on September 10, 2019. During this period, the proceeds from all applications in the GC system will also be used to distribute the GC equity dividends.

• The GC extracted within the platform will charge the corresponding system network usage fee, which will also be included in the dividend pool, 100% for GC equity dividends.

• The part of the GC system that is converted into GC after being received will become the unused GC equity. The platform will open the idle GC equity replacement at different times. Members can use GC or GEC for replacement. All circulating GCs can be transferred to the platform. Used to purchase idle GC rights

• The replaced idle GC equity will be immediately accrued into your GC interest, increasing the proportion of your GC system's dividend rights, and will be collected daily according to the release rules.

• Replace the unused GC rights, the recommender can get 5% of the GC equity reward

• The platform will also open up the application of various environmental protection sectors of the GC system to obtain more system benefits, so that members with GC rights can get more income.