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Topic: BANKNET BKIX INDEX (Read 116 times)

newbie
Activity: 74
Merit: 0
June 11, 2019, 06:57:29 AM
#1
BKIX STABILIZATION INDEX WAS CREATED IN ORDER TO PREVENT AND AVOID A TEMPORARY FLACTUATION AND INSTABILITY IN THE BKU TOKE MARKET PRICE,THE INDEX CONSISTS OF THE TOP 10 MOST VALUABLE CAPITALIZED CURRENCIES CURRENTLY AVAILABLE IN THE MARKET,EACH OF THE SAID TOP 10 CURENCIES WILL HAVE A 10% EQUAL SHARE IN THE BKIX INDEX, CURRENTLY, THE BKIX INDEX CONSISTS OF THE TOP 10 FOLLOWING CURRENCIES : BTC, ETH, XRP, LTC, BCH, EOS, NEO,USD, DASH,BNB, BANKNET RESERVED THE RIGHT TO CHANGE IN THE FUTURE ,THE WEIGHT OF EACH OF THE ABOVE CURRENCY IN THE INDEX OR TO REPLACE ANY OF THEM IF IT DEEMS IT IS NECESSARY TO PROTECT AND PRESERVE THE INTRINSIC VALUE OF THE BKIX INDEX,

BKU TOKEN MARKET PRICE WILL BE PEGGED AND LINKED FROM FIRST ISSUANCE DATE TO THE BKIX INDEX AND IN THE EVENT THAT BKU TOKEN WILL BE TRADED BELOW THE INTRINSIC MARKET VALUE PRICE OF THE BKIX INDEX FOR PERIOD OF 60 DAYS OR MORE, FREE DISTRIBUTION WILL BE MADE TO BKU TOKEN HOLDERS IN ORDER TO COMPENSATE FOR LOSS MARKET VALUE .

MANAGEMENT IS IN THE OPINION THAT THE CREATION AND ESTABLISHMENT OF THE BKIX INDEX, IS THE RIGHT AND PROPER SOLUTION FOR ANY TEMPORARY DISTURBANCE IN THE BKU TOKEN MARKET PRICE.
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